Median Earnings (1yr)
$36,818
89th percentile (60th in VA)
Median Debt
$19,379
24% below national median
Debt-to-Earnings
0.53
Manageable
Sample Size
67
Adequate data

Analysis

William & Mary psychology graduates start at $36,818—higher than 89% of psychology programs nationally and well above Virginia's median of $32,142. More importantly, they carry just $19,379 in debt, about $6,000 less than typical psychology graduates both nationally and statewide. That 0.53 debt-to-earnings ratio means graduates need less than seven months of pre-tax income to cover their loans, a manageable position for a liberal arts degree that often leads to graduate school or career pivots.

The real story emerges over time: earnings jump 39% to $51,232 by year four, suggesting these graduates are successfully navigating early-career transitions. While other Virginia schools like VMI show higher starting salaries, William & Mary's combination of strong earnings and low debt offers unusual breathing room. Psychology majors often pursue additional education or shift into adjacent fields—that flexibility matters more when you're not burdened by heavy loan payments. The school's 33% admission rate and high SAT scores indicate you're getting competitive peer networks without the debt load of similar selective institutions.

For an anxious parent, this looks like reasonable value: your child graduates with manageable debt, earnings that exceed most psychology programs, and room to explore graduate school or career options without financial pressure forcing immediate decisions.

Where William & Mary Stands

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

William & MaryOther 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 William & Mary graduates compare to all programs nationally

William & Mary graduates earn $37k, placing them in the 89th 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 Virginia

Psychology bachelors's programs at peer institutions in Virginia (41 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
William & Mary$36,818$51,232$19,3790.53
Virginia Military Institute$44,163$60,540$19,2500.44
George Mason University$36,326$48,517$21,0000.58
University of Richmond$36,309$51,312$25,5000.70
University of Virginia-Main Campus$36,121$60,347$19,5000.54
Randolph-Macon College$35,967$45,649$27,0000.75
National Median$31,482—$25,5000.81

Other Psychology Programs in Virginia

Compare tuition, earnings, and debt across Virginia schools

SchoolIn-State TuitionEarnings (1yr)Debt
Virginia Military Institute
Lexington
$20,484$44,163$19,250
George Mason University
Fairfax
$13,815$36,326$21,000
University of Richmond
University of Richmond
$62,600$36,309$25,500
University of Virginia-Main Campus
Charlottesville
$20,986$36,121$19,500
Randolph-Macon College
Ashland
$48,002$35,967$27,000

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 William & Mary, approximately 12% 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 67 graduates with reported earnings and 105 graduates with debt data. Small samples may not be representative.