Analysis
Mount Holyoke's psychology program produces first-year earnings nearly $6,000 below the Massachusetts medianβa 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $64,142 | $32,439 | β | $24,250 | 0.75 | |
| $67,844 | $56,504 | β | $15,875 | 0.28 | |
| $67,280 | $45,786 | β | $10,800 | 0.24 | |
| $61,568 | $43,717 | $46,833 | $19,000 | 0.43 | |
| $59,076 | $41,501 | $76,453 | β | β | |
| $63,141 | $38,463 | $57,605 | $26,000 | 0.68 | |
| National Median | β | $34,768 | β | $21,500 | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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.