Analysis
Rhode Island College's psychology program places graduates slightly below the middle of the pack in Rhode Island—earning less than counterparts at URI, Providence College, and even matching Salve Regina—despite carrying lower debt than most competitors. That 40th percentile state ranking matters because most Rhode Island students will stay in-state, and it suggests this program doesn't position graduates as strongly in the local job market. The silver lining: first-year earnings of $33,694 actually beat the national average for psychology majors by about $2,200, and the debt load of $22,723 is roughly $4,000 less than what typical psychology graduates carry nationwide.
The 20% earnings growth over four years is solid, reaching $40,576 by year four, and the debt-to-earnings ratio of 0.67 means graduates can realistically manage their loans. For families prioritizing affordability—and 41% of students here receive Pell grants—this represents a financially accessible path to a psychology degree. But the tradeoff is clear: you're trading higher starting salaries at URI or Providence College (both around $37,000+) for lower debt at RIC.
If your child is debt-averse and plans to pursue graduate school anyway (as many psychology majors do), RIC's lower price tag makes sense. But if they're hoping to enter the workforce immediately and compete for better-paying positions in Rhode Island, the salary gap with top state programs may prove costly over time.
Where Rhode Island College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Rhode Island 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 |
|---|---|---|---|
| Rhode Island College | $33,694 | $40,576 | +20% |
| Providence College | $37,863 | $58,954 | +56% |
| Roger Williams University | $32,289 | $48,854 | +51% |
| Salve Regina University | $35,096 | $47,799 | +36% |
| University of Rhode Island | $37,414 | $46,464 | +24% |
Compare to Similar Programs in Rhode Island
Psychology bachelors's programs at peer institutions in Rhode Island (9 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,986 | $33,694 | $40,576 | $22,723 | 0.67 | |
| $60,848 | $37,863 | $58,954 | $27,000 | 0.71 | |
| $16,408 | $37,414 | $46,464 | $23,880 | 0.64 | |
| $47,930 | $35,096 | $47,799 | $27,000 | 0.77 | |
| $42,666 | $32,289 | $48,854 | $27,000 | 0.84 | |
| 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 Rhode Island College, approximately 41% 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 169 graduates with reported earnings and 239 graduates with debt data. Small samples may not be representative.