Analysis
Wheaton's psychology graduates earn $48,396 four years outβwell above the national average but trailing most Massachusetts schools. Here's the nuance: while ranking in the 76th percentile nationally sounds impressive, that 40th percentile standing among Bay State programs tells a different story. Massachusetts has an unusually strong field of psychology programs, and Wheaton sits squarely in the middle of that competitive pack, earning roughly $12,000 less annually than graduates from nearby Holy Cross or Williams.
The financial picture itself is relatively clean. At $27,000 in median debt, graduates owe just slightly above the program's national median, and that debt represents only 78% of first-year earningsβa manageable burden. The 39% earnings jump from year one to year four suggests graduates are finding their footing in the job market, though they're starting from a modest $34,746 base.
For families paying private college tuition, the question becomes whether Wheaton's outcomes justify the premium over state universities that might deliver similar psychology graduate earnings at lower cost. The program works fine if your student is sold on Wheaton's campus culture and small-school environment. But if the decision hinges purely on career earnings potential in psychology, Massachusetts offers stronger options at both ends of the price spectrum.
Where Wheaton College (Massachusetts) Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Wheaton College (Massachusetts) 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 |
|---|---|---|---|
| Wheaton College (Massachusetts) | $34,746 | $48,396 | +39% |
| Boston College | $44,760 | $59,196 | +32% |
| Williams College | $43,943 | $57,158 | +30% |
| College of the Holy Cross | $41,099 | $56,085 | +36% |
| University of Massachusetts-Amherst | $32,223 | $53,442 | +66% |
Compare to Similar Programs in Massachusetts
Psychology bachelors's programs at peer institutions in Massachusetts (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $62,080 | $34,746 | $48,396 | $27,000 | 0.78 | |
| $58,150 | $62,218 | β | $25,494 | 0.41 | |
| $67,680 | $44,760 | $59,196 | $18,000 | 0.40 | |
| $64,860 | $43,943 | $57,158 | $13,416 | 0.31 | |
| $39,212 | $43,646 | $50,853 | $27,000 | 0.62 | |
| $60,850 | $41,099 | $56,085 | $27,000 | 0.66 | |
| 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 Wheaton College (Massachusetts), approximately 20% 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 45 graduates with reported earnings and 57 graduates with debt data. Small samples may not be representative.