Est. Earnings (1yr)
$40,377
Est. from MA median (3 programs)
Est. Median Debt
$23,000
Est. from national median (27 programs)

Analysis

A philosophy degree from Merrimack carries an estimated debt load of $23,000—roughly in line with what philosophy majors typically borrow—but the return depends heavily on what comes next. Based on comparable programs in Massachusetts, first-year earnings hover around $40,377, which puts this slightly above the national median for philosophy degrees but means graduates face debt equivalent to more than half their first-year income. That's a manageable ratio, but only if your child has a clear plan for leveraging the degree into graduate school, law school, or a specific career path where the critical thinking skills pay off.

The challenge with philosophy programs is that the major itself rarely translates directly into a job title, and the earnings estimates here reflect that uncertainty. Massachusetts philosophy graduates at peer institutions like Boston College earn noticeably more ($47,345), suggesting that institutional reputation and networks matter considerably in this field. Merrimack's 74% admission rate and relatively low Pell Grant enrollment (15%) indicate it's a solid regional private college, but not one with the brand recognition that might help philosophy majors stand out in competitive job markets.

The practical takeaway: this debt level won't be crushing if your child treats philosophy as preparation for something specific—law, business, teaching, or another graduate program. Without that next step clearly defined, they're likely looking at several years of modest earnings while figuring out how the degree fits into a career.

Where Merrimack College Stands

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

Compare to Similar Programs in Massachusetts

Philosophy bachelors's programs at peer institutions in Massachusetts (34 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Merrimack CollegeNorth Andover$51,786$40,377*$23,000*
Boston CollegeChestnut Hill$67,680$47,345*$47,768$18,000*0.38
Boston UniversityBoston$65,168$40,377*$47,043$25,750*0.64
University of Massachusetts-BostonBoston$15,496$36,581*$41,381*
National Median$31,652*$22,641*0.72
* Estimated from similar programs

Career Paths

Occupations commonly associated with philosophy graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Philosophy and Religion Teachers, Postsecondary

Teach courses in philosophy, religion, and theology. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 Merrimack College, approximately 15% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 3 similar programs in MA. Actual outcomes may vary.