Analysis
Saint Michael's psychology graduates start at $36,902βwell above the national median for psychology majors but trailing most other Vermont programs. While this ranks in the 89th percentile nationally, it falls to just the 40th percentile within Vermont, where the state median is actually $550 higher. For a program with a 92% acceptance rate charging $27,000 in typical debt, that's a meaningful gap. The more selective programs like Middlebury ($43,839) and Norwich ($41,164) deliver substantially stronger outcomes, and even Vermont State matches Saint Michael's starting salary while leaving students with less debt.
The debt picture is reasonableβ$27,000 represents just 73% of first-year earnings, which is manageable by bachelor's degree standards. Earnings do grow 13% over four years to $41,738, though this still lags behind what graduates from competing Vermont programs earn right out of college. With nearly 1,400 schools offering psychology degrees nationally, the competition is fierce, and Saint Michael's occupies an awkward middle ground: too expensive to be a value play, not selective or well-connected enough to command premium outcomes.
For Vermont families, this comes down to alternatives. If your child is admitted to Middlebury or Norwich, those programs justify their higher price tags with stronger earnings. If affordability matters most, Vermont State delivers comparable results at lower cost. Saint Michael's works best for students who need the smaller college environment and can handle moderate debt, but it's not the obvious choice on pure return-on-investment.
Where Saint Michael's College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Saint Michael's 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 |
|---|---|---|---|
| Saint Michael's College | $36,902 | $41,738 | +13% |
| Duke University | $33,559 | $72,857 | +117% |
| Middlebury College | $43,839 | $67,306 | +54% |
| Norwich University | $41,164 | $51,746 | +26% |
| University of Vermont | $32,674 | $42,915 | +31% |
Compare to Similar Programs in Vermont
Psychology bachelors's programs at peer institutions in Vermont (8 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,040 | $36,902 | $41,738 | $27,000 | 0.73 | |
| $65,280 | $43,839 | $67,306 | $17,256 | 0.39 | |
| $49,600 | $41,164 | $51,746 | $26,938 | 0.65 | |
| $11,400 | $37,452 | β | β | β | |
| $18,890 | $32,674 | $42,915 | $22,958 | 0.70 | |
| National Median | β | $31,482 | β | $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 Saint Michael's College, approximately 18% 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 47 graduates with reported earnings and 71 graduates with debt data. Small samples may not be representative.