Analysis
Colorado College charges a premium price—with estimated debt around $24,375—for outcomes that peer psychology programs in the state suggest will be modest. Based on data from similar Colorado programs, first-year earnings hover around $35,000, meaning graduates would owe roughly 70% of their first year's salary. That's manageable compared to many fields, but it's worth noting that Metropolitan State produces similar psychology graduates earning nearly $40,000 with comparable debt loads.
The selective nature of Colorado College (20% admission rate, 1445 average SAT) suggests families are paying for the prestige of a small liberal arts experience rather than significantly superior career outcomes in this field. Psychology bachelor's degrees typically serve as stepping stones to graduate work or adjacent careers, and there's little evidence that Colorado College's version accelerates that path financially compared to state alternatives.
For families who can afford the full cost without significant borrowing, the small-college experience may justify the investment. But for students taking on debt near the estimated $24,375 mark, the numbers suggest looking hard at whether Colorado State or Metropolitan State—both producing comparable or better outcomes—might preserve more financial flexibility for the graduate school that most psychology careers ultimately require.
Where Colorado College Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Compare to Similar Programs in Colorado
Research and Experimental Psychology bachelors's programs at peer institutions in Colorado (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $67,932 | $35,155* | — | $24,375* | — | |
| $10,780 | $39,955* | $41,630 | $26,641* | 0.67 | |
| $10,017 | $35,155* | $42,456 | $21,878* | 0.62 | |
| $39,266 | $33,134* | $38,958 | $18,500* | 0.56 | |
| National Median | — | $34,768* | — | $21,500* | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Colorado College, approximately 14% 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 3 similar programs in CO. Actual outcomes may vary.