Median Earnings (1yr)
$34,746
76th percentile
40th percentile in Massachusetts
Median Debt
$27,000
6% above national median

Analysis

Wheaton's psychology graduates earn $48,396 four years outβ€”well 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 earningsβ€”a 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

School1 Year4 YearsGrowth
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wheaton College (Massachusetts)Norton$62,080$34,746$48,396$27,0000.78
Bentley UniversityWaltham$58,150$62,218β€”$25,4940.41
Boston CollegeChestnut Hill$67,680$44,760$59,196$18,0000.40
Williams CollegeWilliamstown$64,860$43,943$57,158$13,4160.31
Endicott CollegeBeverly$39,212$43,646$50,853$27,0000.62
College of the Holy CrossWorcester$60,850$41,099$56,085$27,0000.66
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 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.