Analysis
Boston College psychology graduates start modestly at $42,384, but within four years they're earning $58,439—a 38% jump that outpaces the typical trajectory for this degree. More importantly, they're doing this with just $17,361 in debt, roughly a third of what psychology majors typically carry nationwide. That 0.41 debt-to-earnings ratio means students can realistically pay off loans within a year or two of graduating, a rare position for bachelor's-level psychology programs.
The state picture tells an interesting story. While BC ranks at the 95th percentile nationally, it sits at the 60th percentile among Massachusetts programs—which actually reflects the strength of psychology programs across the state rather than any weakness here. BC graduates out-earn the state median and carry far less debt than typical Massachusetts psychology students. They're essentially getting elite-university outcomes (note that 16% admission rate) with manageable financial risk.
For parents worried about the employability of a psychology degree, this program offers a clear answer: selective admissions paired with Boston College's network appear to open doors that lead to steady earnings growth. The real value here isn't the starting salary—it's the combination of low debt and strong upward momentum that gives graduates financial flexibility to pursue graduate school, entry-level positions in their field, or pivot to adjacent careers without the crushing debt burden that often defines psychology majors.
Where Boston College Stands
Earnings vs. debt across all clinical, counseling and applied psychology bachelors's programs nationally
Earnings Distribution
How Boston College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Boston College | $42,384 | $58,439 | +38% |
| Embry-Riddle Aeronautical University-Prescott | $41,456 | $71,212 | +72% |
| Embry-Riddle Aeronautical University-Daytona Beach | $41,456 | $71,212 | +72% |
| Emmanuel College | $41,522 | $53,449 | +29% |
| Lesley University | $38,404 | $43,650 | +14% |
Compare to Similar Programs in Massachusetts
Clinical, Counseling and Applied Psychology bachelors's programs at peer institutions in Massachusetts (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,680 | $42,384 | $58,439 | $17,361 | 0.41 | |
| $46,686 | $41,522 | $53,449 | $27,000 | 0.65 | |
| $32,780 | $38,404 | $43,650 | $26,000 | 0.68 | |
| $67,844 | $35,806 | — | — | — | |
| National Median | — | $34,506 | — | $27,000 | 0.78 |
Career Paths
Occupations commonly associated with clinical, counseling and applied psychology graduates
Human Resources Managers
Training and Development Managers
Management Analysts
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
School Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Human Resources Specialists
Training and Development Specialists
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Boston College, approximately 13% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 73 graduates with reported earnings and 118 graduates with debt data. Small samples may not be representative.