Median Earnings (1yr)
$32,855
61st percentile
40th percentile in Massachusetts
Median Debt
$25,824
1% above national median

Analysis

Massachusetts College of Liberal Arts graduates psychology majors who earn slightly below the Massachusetts median but comfortably above the national average—a noteworthy achievement at a school with 92% admission and 40% of students on Pell grants. Starting at $32,855 and climbing to $39,763 by year four represents solid 21% growth, though it's worth noting that even at the four-year mark, earnings trail the state's first-year median. The debt load of $25,824 sits right at national norms and creates a manageable 0.79 debt-to-earnings ratio.

The practical reality: psychology graduates here are positioned for modest but steady financial progress, particularly compared to peers nationwide. Within Massachusetts, however, they're earning roughly $4,000 less than the state median at graduation—a gap that reflects both the program's positioning and the fact that Boston-area schools dominate the state's top ranks. For families paying in-state tuition at this public liberal arts college, the equation works better than the raw numbers might suggest.

This program makes sense for students committed to psychology who need an accessible entry point and can accept entry-level nonprofit or human services pay scales. The debt is reasonable and the trajectory is upward. Just understand you're not getting Boston College outcomes at MCLA prices—you're getting reliable preparation at a fraction of the cost.

Where Massachusetts College of Liberal Arts Stands

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

Earnings Distribution

How Massachusetts College of Liberal Arts graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Massachusetts College of Liberal Arts$32,855$39,763+21%
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Massachusetts College of Liberal ArtsNorth Adams$11,884$32,855$39,763$25,8240.79
Bentley UniversityWaltham$58,150$62,218$25,4940.41
Boston CollegeChestnut Hill$67,680$44,760$59,196$18,0000.40
Williams CollegeWilliamstown$64,860$43,943$57,158$13,4160.31
Endicott CollegeBeverly$39,212$43,646$50,853$27,0000.62
College of the Holy CrossWorcester$60,850$41,099$56,085$27,0000.66
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 Massachusetts College of Liberal Arts, approximately 40% 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 40 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.