Analysis
New Hampshire psychology programs cluster tightly around $38,000-$43,000 in first-year earnings, and Colby-Sawyer appears to land squarely in this range. With estimated debt of $27,000—right at the state median—graduates face a manageable 0.70 debt-to-earnings ratio. That's significantly better than the typical psychology bachelor's nationwide, where $25,500 in debt often supports only $31,500 in earnings. The four-year earnings figure of $43,012 suggests modest but steady early-career progression, though it's worth noting this remains below what many families expect from a four-year degree investment.
The challenge here isn't the debt load, which is reasonable by New Hampshire standards. It's that psychology bachelor's degrees—across the board—produce modest starting salaries that make even manageable debt feel substantial. Comparable programs at New England College and Rivier University show slightly higher first-year earnings ($42,656 and $40,242), suggesting some variation in outcomes even within the state. For a family considering Colby-Sawyer specifically, the question becomes whether the college's smaller environment (reflected in that suppressed data sample) offers advantages worth potentially landing in the middle of New Hampshire's psychology pack.
The practical reality: your child will likely earn enough to manage this debt, but won't have much cushion in those first few years. If graduate school is on the horizon—common for psychology majors seeking clinical or research roles—that $27,000 will compound with additional borrowing.
Where Colby-Sawyer College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Colby-Sawyer College | — | $43,012 | — |
| University of New Hampshire College of Professional Studies Online | $39,681 | $47,768 | +20% |
| University of New Hampshire at Manchester | $38,229 | $47,768 | +25% |
| University of New Hampshire-Main Campus | $38,229 | $47,768 | +25% |
| Saint Anselm College | $38,509 | $44,572 | +16% |
Compare to Similar Programs in New Hampshire
Psychology bachelors's programs at peer institutions in New Hampshire (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $18,400 | $38,369* | $43,012 | $27,000 | — | |
| $41,578 | $42,656* | $37,256 | $38,285 | 0.90 | |
| $37,791 | $40,242* | $43,171 | $27,000 | 0.67 | |
| $7,812 | $39,681* | $47,768 | $27,000 | 0.68 | |
| $16,450 | $38,600* | $42,670 | $34,547 | 0.90 | |
| $46,810 | $38,509* | $44,572 | $27,000 | 0.70 | |
| 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 Colby-Sawyer College, approximately 23% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 10 similar programs in NH. Actual outcomes may vary.