Median Earnings (1yr)
$36,902
89th percentile
40th percentile in Vermont
Median Debt
$27,000
6% above national median

Analysis

Saint Michael's psychology graduates start at $36,902β€”well 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

School1 Year4 YearsGrowth
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†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Saint Michael's CollegeColchester$50,040$36,902$41,738$27,0000.73
Middlebury CollegeMiddlebury$65,280$43,839$67,306$17,2560.39
Norwich UniversityNorthfield$49,600$41,164$51,746$26,9380.65
Vermont State UniversityRandolph$11,400$37,452β€”β€”β€”
University of VermontBurlington$18,890$32,674$42,915$22,9580.70
National Medianβ€”$31,482β€”$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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.