Median Earnings (1yr)
$34,490
74th percentile (60th in MD)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.78
Manageable
Sample Size
38
Adequate data

Analysis

Washington College's psychology program stands out for strong earnings growth that transforms what looks like a modest starting point into solid mid-career outcomes. Graduates earn $34,490 in their first year—above the national median but in the middle of Maryland's pack—but by year four, incomes jump 47% to reach $50,653. That trajectory matters more than the initial number, especially for a psychology bachelor's where many graduates pursue additional credentials or gradually move into better-paying roles.

The financial structure here works in students' favor. At $27,000 in median debt, graduates owe just 78 cents for every dollar of first-year earnings—a manageable load that's actually lower than typical for Maryland psychology programs. This combination of controlled debt and rising earnings creates breathing room during those crucial early career years when many psychology graduates are finding their footing or pursuing graduate education.

For parents worried about psychology's reputation as a "risky" major, Washington College's version delivers better-than-average outcomes with less financial stress. The program outperforms three-quarters of psychology programs nationally and sits comfortably in Maryland's top half, all without the debt burden that often accompanies selective private colleges. If your child is genuinely interested in psychology and willing to be patient with career progression, this represents a relatively safe bet in a field where outcomes vary widely.

Where Washington College Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Washington CollegeOther psychology programs

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 Washington College graduates compare to all programs nationally

Washington College graduates earn $34k, placing them in the 74th 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 Maryland

Psychology bachelors's programs at peer institutions in Maryland (21 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Washington College$34,490$50,653$27,0000.78
University of Maryland Global Campus$42,056$47,572$23,4650.56
Bowie State University$36,765$47,990$28,3750.77
University of Maryland-College Park$35,933$54,690$20,5000.57
University of Maryland-Baltimore County$35,721$48,488$20,5000.57
University of Baltimore$34,426—$21,9560.64
National Median$31,482—$25,5000.81

Other Psychology Programs in Maryland

Compare tuition, earnings, and debt across Maryland schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Maryland Global Campus
Adelphi
$7,992$42,056$23,465
Bowie State University
Bowie
$8,999$36,765$28,375
University of Maryland-College Park
College Park
$11,505$35,933$20,500
University of Maryland-Baltimore County
Baltimore
$12,952$35,721$20,500
University of Baltimore
Baltimore
$9,772$34,426$21,956

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 Washington College, approximately 21% 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 38 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.