Analysis
Lasell University's psychology program lands squarely in the middle of a challenging reality: it beats the national median by about $1,600 annually, but falls short of Massachusetts' stronger state average by roughly $3,300. Among Bay State psychology programs, this ranks in the 40th percentile—meaning graduates here earn less than 60% of similar programs in Massachusetts, including schools like Endicott and Holy Cross that deliver significantly higher outcomes.
The debt picture is more encouraging. At $27,000, borrowing sits just above the national median and is actually quite manageable—the 0.82 debt-to-earnings ratio means graduates would need less than a year's salary to cover their loans, which is reasonable by today's standards. The 17% earnings growth from year one to year four also shows some upward trajectory, though it doesn't close the gap with stronger in-state options.
For Massachusetts families, this matters because you're comparing against a competitive state landscape where psychology degrees often lead to better outcomes. If your child is drawn to Lasell's specific environment and can keep debt at or below this $27,000 level, the numbers work. But if they're equally comfortable at another Massachusetts school with stronger earnings outcomes, those options warrant serious consideration given the relatively modest cost difference.
Where Lasell University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Lasell University 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 |
|---|---|---|---|
| Lasell University | $33,105 | $38,587 | +17% |
| 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% |
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 |
|---|---|---|---|---|---|
| $26,000 | $33,105 | $38,587 | $27,000 | 0.82 | |
| $58,150 | $62,218 | — | $25,494 | 0.41 | |
| $67,680 | $44,760 | $59,196 | $18,000 | 0.40 | |
| $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 | |
| 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 Lasell University, approximately 32% 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 30 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.