Analysis
New England College's psychology graduates start strong but face an unsettling earnings trajectory: $42,656 in year one drops to $37,256 by year four—a 13% decline when most careers should be gaining momentum. That first-year figure ranks in the 95th percentile nationally and places respectably in the 60th percentile among New Hampshire programs, but something changes after graduation that reverses typical career progression.
The $38,285 in median debt sits well above both state and national averages, though the debt-to-earnings ratio of 0.90 remains manageable if those initial earnings held steady. They don't. Within the highly accessible New Hampshire psychology market (12 programs, nearly all producing similar outcomes), New England College graduates start near the top but end up earning less than peers from Rivier, UNH, and Southern New Hampshire by year four. The small sample size—fewer than 30 graduates—makes it difficult to know whether this pattern represents a real trend or statistical noise.
For parents, the declining earnings pattern should prompt specific questions during campus visits: Where do graduates actually work in years 1-4? Are initial placements temporary or unstable? Without answers, you're looking at above-average debt for a psychology degree whose earnings advantage evaporates quickly, leaving your child potentially earning less than the New Hampshire median by their mid-twenties.
Where New England College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How New England College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| New England College | $42,656 | $37,256 | -13% |
| University of New Hampshire College of Professional Studies Online | $39,681 | $47,768 | +20% |
| University of New Hampshire-Main Campus | $38,229 | $47,768 | +25% |
| University of New Hampshire at Manchester | $38,229 | $47,768 | +25% |
| Saint Anselm College | $38,509 | $44,572 | +16% |
Compare to Similar Programs in New Hampshire
Psychology bachelors's programs at peer institutions in New Hampshire (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $41,578 | $42,656 | $37,256 | $38,285 | 0.90 | |
| $37,791 | $40,242 | $43,171 | $27,000 | 0.67 | |
| $7,812 | $39,681 | $47,768 | $27,000 | 0.68 | |
| $16,450 | $38,600 | $42,670 | $34,547 | 0.90 | |
| $46,810 | $38,509 | $44,572 | $27,000 | 0.70 | |
| $15,820 | $38,229 | $47,768 | $27,000 | 0.71 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 New England College, approximately 42% 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 20 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.