Median Earnings (1yr)
$36,818
89th percentile
60th percentile in Virginia
Median Debt
$19,379
24% below national median

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

Earnings Distribution

How William & Mary graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
William & Mary$36,818$51,232+39%
Virginia Military Institute$44,163$60,540+37%
University of Virginia-Main Campus$36,121$60,347+67%
Marymount University$33,277$52,616+58%
University of Richmond$36,309$51,312+41%

Compare to Similar Programs in Virginia

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

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
William & MaryWilliamsburg$25,040$36,818$51,232$19,3790.53
Virginia Military InstituteLexington$20,484$44,163$60,540$19,2500.44
George Mason UniversityFairfax$13,815$36,326$48,517$21,0000.58
University of RichmondUniversity of Richmond$62,600$36,309$51,312$25,5000.70
University of Virginia-Main CampusCharlottesville$20,986$36,121$60,347$19,5000.54
Randolph-Macon CollegeAshland$48,002$35,967$45,649$27,0000.75
National Median$31,482$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 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.