Median Earnings (1yr)
$26,103
11th percentile
25th percentile in Maryland
Median Debt
$27,000
6% above national median

Analysis

Loyola Maryland's psychology program starts graduates at just $26,103—nearly $5,000 below Maryland's median and ranking in the bottom quarter of the state's psychology programs. Even more striking: nearby competitors like University of Maryland-College Park and UMBC place their psychology graduates into jobs earning roughly $10,000 more right out of the gate. With $27,000 in debt, that first year can feel financially tight.

The dramatic turnaround to $55,969 by year four tells an interesting story, suggesting graduates eventually find their footing—likely through graduate school, career pivots, or simply getting past entry-level positions. That 114% earnings growth is impressive, but it doesn't erase the financial challenge of those early years when debt payments hit hardest. Families should consider whether their student can manage on $26,000 initially, particularly in Baltimore's metro area where living costs aren't trivial.

For parents evaluating this $27,000 investment, the math is straightforward: if your child is headed to graduate school anyway (common for psychology majors), this program could make sense. But if they need immediate earning power after graduation, Maryland's public universities deliver stronger year-one outcomes at lower net prices. The fact that this is a Jesuit institution with solid academics (SAT average of 1292) matters for educational experience, but doesn't change the financial reality that other Maryland options better position psychology graduates for that crucial first job.

Where Loyola University Maryland Stands

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

Earnings Distribution

How Loyola University Maryland graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
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%
Bowie State University$36,765$47,990+31%

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
Loyola University MarylandBaltimore$55,480$26,103$55,969$27,0001.03
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 Loyola University Maryland, 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 57 graduates with reported earnings and 76 graduates with debt data. Small samples may not be representative.