Median Earnings (1yr)
$32,439
35th percentile
25th percentile in Massachusetts
Median Debt
$24,250
13% above national median

Analysis

Mount Holyoke's psychology program produces first-year earnings nearly $6,000 below the Massachusetts medianβ€”a significant gap that places graduates in the bottom quarter of comparable state programs. For a selective liberal arts college charging private school tuition, these outcomes trail not just elite competitors like Tufts and Amherst, but also nearby peer institution Smith College by over $11,000. The debt load of $24,250 is fairly typical, but when paired with $32,439 in starting earnings, it creates a less favorable financial picture than most families would expect from a school with a 1422 average SAT.

The program does fare slightly better against national benchmarks, sitting near the middle of the pack among all experimental psychology programs. However, this reflects more on the field's generally modest early earnings than on Mount Holyoke's particular strength. Psychology majors often pursue graduate education or enter helping professions where salaries start low but grow with credentials and experience.

For families paying full private college costs, this represents a challenging return on investment in the immediate term. If your daughter is committed to psychology and values Mount Holyoke's educational environment, understand you're making a long-term bet on outcomes that may not materialize for years. If finances are a primary concern, the in-state public option or schools showing stronger placement outcomes deserve serious consideration.

Where Mount Holyoke College Stands

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

Earnings Distribution

How Mount Holyoke College graduates compare to all programs nationally

Compare to Similar Programs in Massachusetts

Research and Experimental Psychology bachelors's programs at peer institutions in Massachusetts (18 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Mount Holyoke CollegeSouth Hadley$64,142$32,439β€”$24,2500.75
Tufts UniversityMedford$67,844$56,504β€”$15,8750.28
Amherst CollegeAmherst$67,280$45,786β€”$10,8000.24
Smith CollegeNorthampton$61,568$43,717$46,833$19,0000.43
Harvard UniversityCambridge$59,076$41,501$76,453β€”β€”
Northeastern UniversityBoston$63,141$38,463$57,605$26,0000.68
National Medianβ€”$34,768β€”$21,5000.62

Career Paths

Occupations commonly associated with research and experimental psychology graduates

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

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

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

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

Medical Scientists, Except Epidemiologists

Conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities.

$100,590/yrJobs growth:Doctoral or professional degree

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:

Health Specialties Teachers, Postsecondary

Teach courses in health specialties, in fields such as dentistry, laboratory technology, medicine, pharmacy, public health, therapy, and veterinary medicine.

$83,980/yrJobs growth:

Child, Family, and School Social Workers

Provide social services and assistance to improve the social and psychological functioning of children and their families and to maximize the family well-being and the academic functioning of children. May assist parents, arrange adoptions, and find foster homes for abandoned or abused children. In schools, they address such problems as teenage pregnancy, misbehavior, and truancy. May also advise teachers.

$61,330/yrJobs growth:

Managers, All Other

All managers not listed separately.

Compliance Managers

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

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 Mount Holyoke College, approximately 20% 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 31 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.