Median Earnings (1yr)
$23,358
5th percentile
25th percentile in Maryland
Median Debt
$22,000
14% below national median

Analysis

Hood College's psychology graduates face a concerning financial picture that should worry any parent considering this $22,000 investment. Starting salaries of $23,358 rank in just the 5th percentile nationally and 25th percentile among Maryland psychology programs—meaning three-quarters of comparable Maryland programs produce better outcomes. Even among the state's 21 psychology programs, Hood trails far behind accessible options like Bowie State ($36,765) and UMD-College Park ($35,933), both of which offer starting salaries over 50% higher.

The debt load compounds the problem. While $22,000 might sound manageable, it represents nearly a full year's starting salary—a ratio that typically signals repayment struggles. By year four, earnings do climb to $36,344 (a 56% increase), but this catches graduates up to where many peers started. That delayed earning power means years of financial stress during the critical period when young adults establish independence.

Given the small sample size here, these numbers might not tell the full story. However, when your in-state alternatives include multiple schools with significantly stronger track records at similar or lower costs, Hood's psychology program requires serious scrutiny. Unless there's a compelling personal reason to choose this particular program, Maryland families have better options that won't leave their graduate earning poverty-level wages in year one.

Where Hood College Stands

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

Earnings Distribution

How Hood College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Hood College$23,358$36,344+56%
Loyola University Maryland$26,103$55,969+114%
University of Maryland-College Park$35,933$54,690+52%
Washington College$34,490$50,653+47%
University of Maryland-Baltimore County$35,721$48,488+36%

Compare to Similar Programs in Maryland

Psychology bachelors's programs at peer institutions in Maryland (21 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Hood CollegeFrederick$45,870$23,358$36,344$22,0000.94
University of Maryland Global CampusAdelphi$7,992$42,056$47,572$23,4650.56
Bowie State UniversityBowie$8,999$36,765$47,990$28,3750.77
University of Maryland-College ParkCollege Park$11,505$35,933$54,690$20,5000.57
University of Maryland-Baltimore CountyBaltimore$12,952$35,721$48,488$20,5000.57
Washington CollegeChestertown$54,356$34,490$50,653$27,0000.78
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Hood College, approximately 36% 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 18 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.