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
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 | $44,760 | $59,196 | +32% |
| Williams College | $43,943 | $57,158 | +30% |
| College of the Holy Cross | $41,099 | $56,085 | +36% |
| University of Massachusetts-Amherst | $32,223 | $53,442 | +66% |
| Assumption University | $38,697 | $52,623 | +36% |
Compare to Similar Programs in Massachusetts
Psychology bachelors's programs at peer institutions in Massachusetts (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,680 | $44,760 | $59,196 | $18,000 | 0.40 | |
| $58,150 | $62,218 | — | $25,494 | 0.41 | |
| $64,860 | $43,943 | $57,158 | $13,416 | 0.31 | |
| $39,212 | $43,646 | $50,853 | $27,000 | 0.62 | |
| $60,850 | $41,099 | $56,085 | $27,000 | 0.66 | |
| $42,970 | $40,467 | $45,920 | $27,000 | 0.67 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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.