Analysis
Towson's psychology graduates see something relatively rare in this field: meaningful wage growth after graduation. While the $34,375 starting salary sits just above the national median, earnings jump to $46,781 within four years—a 36% increase that suggests graduates are finding paths into better-paying roles rather than getting stuck in entry-level positions. Among Maryland's 21 psychology programs, Towson places solidly in the middle for earnings, trailing flagship schools like UMD-College Park but ahead of many alternatives.
The debt picture requires attention. At $20,788, graduates owe less than the national and state medians, but Towson ranks in the 83rd percentile nationally for debt—meaning most psychology programs nationwide send students out with less borrowing. The 0.60 debt-to-earnings ratio is manageable but not exceptional, particularly given psychology's reputation as a field where many students need graduate school for higher earnings.
For families considering this program: you're looking at a moderate investment with steady upward trajectory. The earnings growth suggests Towson grads successfully navigate beyond typical post-college psychology roles, though starting salaries still mean tight budgets in that first year. If your student plans to stop at a bachelor's degree, this program delivers competitive results. If graduate school is the plan, factor in additional debt carefully—that $21,000 will compound.
Where Towson University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Towson University 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 |
|---|---|---|---|
| Towson University | $34,375 | $46,781 | +36% |
| Loyola University Maryland | $26,103 | $55,969 | +114% |
| University of Maryland-College Park | $35,933 | $54,690 | +52% |
| Washington College | $34,490 | $50,653 | +47% |
| University of Maryland-Baltimore County | $35,721 | $48,488 | +36% |
Compare to Similar Programs in Maryland
Psychology bachelors's programs at peer institutions in Maryland (21 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,306 | $34,375 | $46,781 | $20,788 | 0.60 | |
| $7,992 | $42,056 | $47,572 | $23,465 | 0.56 | |
| $8,999 | $36,765 | $47,990 | $28,375 | 0.77 | |
| $11,505 | $35,933 | $54,690 | $20,500 | 0.57 | |
| $12,952 | $35,721 | $48,488 | $20,500 | 0.57 | |
| $54,356 | $34,490 | $50,653 | $27,000 | 0.78 | |
| 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 Towson University, approximately 33% 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 316 graduates with reported earnings and 451 graduates with debt data. Small samples may not be representative.