Median Earnings (1yr)
$44,760
95th percentile (60th in MA)
Median Debt
$18,000
29% below national median
Debt-to-Earnings
0.40
Manageable
Sample Size
81
Adequate data

Analysis

A psychology degree from Boston College outperforms 95% of programs nationally, yet ranks in the middle of the pack for Massachusetts—a telling contrast that reveals both the program's strength and the state's competitive landscape. Graduates start at $44,760 and reach nearly $60,000 by year four, well above the national median of $31,482 but trailing several Massachusetts competitors. The $18,000 median debt is exceptionally low, roughly 30% below both state and national averages, giving this program one of the best debt-to-earnings ratios you'll find for a psychology bachelor's degree.

The real question is what justifies Boston College's selectivity (16% admission rate) when Bentley psychology graduates earn $62,000 and several other Bay State schools produce similar outcomes with likely lower costs. The answer may lie in graduate school preparation and the broader BC network—psychology majors often pursue advanced degrees where institutional reputation matters. The 32% earnings growth trajectory is healthy, and that minimal debt load means students have financial flexibility for graduate education or entry-level nonprofit and research positions common in this field.

For families comparing options, this is fundamentally a safe bet: strong outcomes, manageable debt, and a respected name. Just understand you're paying for the Boston College credential when several Massachusetts schools deliver comparable psychology graduate earnings at less competitive entry points.

Where Boston College Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Boston CollegeOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Boston College graduates compare to all programs nationally

Boston College graduates earn $45k, placing them in the 95th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Massachusetts

Psychology bachelors's programs at peer institutions in Massachusetts (52 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Boston College$44,760$59,196$18,0000.40
Bentley University$62,218—$25,4940.41
Williams College$43,943$57,158$13,4160.31
Endicott College$43,646$50,853$27,0000.62
College of the Holy Cross$41,099$56,085$27,0000.66
American International College$40,467$45,920$27,0000.67
National Median$31,482—$25,5000.81

Other Psychology Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (1yr)Debt
Bentley University
Waltham
$58,150$62,218$25,494
Williams College
Williamstown
$64,860$43,943$13,416
Endicott College
Beverly
$39,212$43,646$27,000
College of the Holy Cross
Worcester
$60,850$41,099$27,000
American International College
Springfield
$42,970$40,467$27,000

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 81 graduates with reported earnings and 111 graduates with debt data. Small samples may not be representative.