Analysis
Hamilton's psychology program produces first-year earnings that outpace 77% of similar programs nationally, yet finds itself in the middle of the pack within New York state. That $39,880 starting salary beats the national median by roughly $5,000, but in a state where Columbia grads earn $53,000 and even NYU graduates start at $37,500, Hamilton's outcomes are merely competitive rather than exceptional. The relatively manageable $17,450 in debt—well below both state and national medians—does offer an important cushion, creating a debt-to-earnings ratio of 0.44 that should allow for reasonable repayment.
The caveat here matters: with fewer than 30 graduates in the dataset, these figures could shift significantly year to year. A handful of students taking gap years or pursuing unpaid research positions could drag down the average, while this same small cohort might see strong earnings growth as they move into their careers. Given Hamilton's 12% admission rate and competitive student body, the program likely attracts capable students who may be trading immediate earnings for research experience or graduate school preparation.
For families focused on immediate return on investment, this represents a reasonable but not outstanding choice among New York psychology programs. The low debt load is the real advantage here—it preserves flexibility for graduate school or lower-paying research positions without creating financial strain.
Where Hamilton College Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Earnings Distribution
How Hamilton College graduates compare to all programs nationally
Compare to Similar Programs in New York
Research and Experimental Psychology bachelors's programs at peer institutions in New York (15 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $65,740 | $39,880 | — | $17,450 | 0.44 | |
| $69,045 | $53,156 | $56,899 | $20,500 | 0.39 | |
| $66,246 | $44,055 | — | $17,000 | 0.39 | |
| $67,024 | $41,883 | — | $16,000 | 0.38 | |
| $64,348 | $39,732 | $68,347 | $21,000 | 0.53 | |
| $60,438 | $37,512 | — | $21,499 | 0.57 | |
| 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 Hamilton College, approximately 18% 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 16 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.