Analysis
Nichols College's finance program sits squarely in the middle of Massachusetts' competitive landscape, landing at the 40th percentile statewide—meaning you're paying private school tuition (likely around $40,000+ annually) for earnings that trail UMass-Amherst's public option by nearly $4,000. Starting salaries of $49,581 lag both the state median ($55,914) and national benchmark ($53,590), though the 32% earnings growth to $65,388 by year four suggests graduates gain traction once they establish themselves.
The genuine bright spot here is debt management: at $27,000, graduates owe less than 85% of finance programs nationally despite Nichols' private school price tag. This likely reflects strong institutional aid (30% of students receive Pell grants, indicating need-based support). The 0.54 debt-to-earnings ratio means graduates dedicate roughly half a year's salary to student loans—manageable in absolute terms, even if the earnings themselves disappoint relative to nearby competitors.
The critical caveat: this data represents fewer than 30 graduates, making these numbers potentially volatile. For an anxious parent, the question becomes whether Nichols' smaller environment and potential networking advantages justify underperforming state peers on earnings. If your child thrives in intimate settings and you're confident about the actual net cost after aid, the controlled debt load provides a safety net. But if you're comparing full-price private tuition against UMass or even Stonehill, those alternatives deliver better earning outcomes for your investment.
Where Nichols College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Nichols 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 |
|---|---|---|---|
| Nichols College | $49,581 | $65,388 | +32% |
| Boston College | $82,495 | $110,242 | +34% |
| Bentley University | $72,309 | $92,531 | +28% |
| Stonehill College | $58,832 | $90,245 | +53% |
| University of Massachusetts-Amherst | $68,920 | $83,610 | +21% |
Compare to Similar Programs in Massachusetts
Finance and Financial Management Services bachelors's programs at peer institutions in Massachusetts (24 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,375 | $49,581 | $65,388 | $27,000 | 0.54 | |
| $67,680 | $82,495 | $110,242 | $18,000 | 0.22 | |
| $58,150 | $72,309 | $92,531 | $26,000 | 0.36 | |
| $17,357 | $68,920 | $83,610 | $23,250 | 0.34 | |
| $39,212 | $62,878 | — | $27,000 | 0.43 | |
| $54,500 | $58,832 | $90,245 | $26,000 | 0.44 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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 Nichols College, approximately 30% 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 29 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.