Psychology at Thomas College
Bachelor's Degree
Analysis
Thomas College's psychology program falls in an uncomfortable middle ground—outperforming the national average by about $2,000 annually, but trailing most Maine alternatives. At $33,368 in first-year earnings, graduates earn slightly below what they'd make at larger state universities like University of Maine ($34,123) or University of Southern Maine ($33,621), and considerably less than programs at Colby College or University of New England. For a private college charging enough to generate $27,000 in typical debt, this performance gap matters.
The fundamentals aren't terrible: debt sits below national norms, and the 0.81 debt-to-earnings ratio means graduates face less than a year's salary in loans. Earnings do grow 12% over four years, reaching $37,397—a reasonable trajectory that suggests graduates aren't stuck in retail jobs forever. But with fewer than 30 graduates in the data, these numbers could swing dramatically year to year. You're essentially betting on very limited track record evidence.
If your child has substantial financial aid making Thomas comparable to in-state tuition at UMaine, the small-college environment might justify the similar outcomes. Without that aid, though, you'd be paying more for results that lag behind what Maine's public universities deliver. The program works for students who need Thomas's open admission policy and intimate setting, but it's not a value play compared to other Maine options.
Where Thomas College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Thomas College graduates compare to all programs nationally
Thomas College graduates earn $33k, placing them in the 65th percentile of all psychology bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Maine
Psychology bachelors's programs at peer institutions in Maine (11 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Thomas College | $33,368 | $37,397 | $27,000 | 0.81 |
| Colby College | $40,842 | $51,623 | — | — |
| Husson University | $35,259 | $40,628 | $29,000 | 0.82 |
| University of New England | $34,791 | $45,506 | $27,000 | 0.78 |
| University of Maine | $34,123 | $35,249 | $26,909 | 0.79 |
| University of Southern Maine | $33,621 | $36,601 | $20,730 | 0.62 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in Maine
Compare tuition, earnings, and debt across Maine schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Colby College Waterville | $66,600 | $40,842 | — |
| Husson University Bangor | $22,194 | $35,259 | $29,000 |
| University of New England Biddeford | $42,550 | $34,791 | $27,000 |
| University of Maine Orono | $12,606 | $34,123 | $26,909 |
| University of Southern Maine Portland | $10,920 | $33,621 | $20,730 |
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 Thomas College, approximately 15% 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.