Analysis
Williams delivers unusually strong outcomes for psychology majors, with graduates earning $43,943 in their first year—well above the national median of $31,482 and nearly $7,000 more than the typical Massachusetts psychology program. The debt picture is even more impressive: at just $13,416, Williams grads carry half the debt of their state peers and less than a third of psychology majors nationwide. This 0.31 debt-to-earnings ratio means graduates could theoretically pay off their loans in about four months of gross earnings.
The one surprise here is the state ranking—60th percentile in Massachusetts—which reflects just how competitive the Commonwealth's psychology programs are. Bentley leads at $62,218, likely due to its business-psychology crossover appeal to employers. But consider what you're actually getting: Williams' elite liberal arts education, tiny classes, and powerful alumni network produce strong career momentum (earnings jump 30% to $57,158 by year four), all while keeping debt minimal thanks to generous financial aid.
For families who can get their student admitted to Williams, this is a straightforward win. Even if your child isn't certain about graduate school or a high-paying career track, they're positioned well with manageable debt and earnings that already exceed most psychology graduates nationwide. The moderate sample size suggests some volatility, but the fundamentals—low debt, solid starting salary, strong growth—point to genuine value.
Where Williams College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Williams College 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 |
|---|---|---|---|
| Williams College | $43,943 | $57,158 | +30% |
| Boston College | $44,760 | $59,196 | +32% |
| College of the Holy Cross | $41,099 | $56,085 | +36% |
| University of Massachusetts-Amherst | $32,223 | $53,442 | +66% |
| Assumption University | $38,697 | $52,623 | +36% |
Compare to Similar Programs in Massachusetts
Psychology bachelors's programs at peer institutions in Massachusetts (52 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $64,860 | $43,943 | $57,158 | $13,416 | 0.31 | |
| $58,150 | $62,218 | — | $25,494 | 0.41 | |
| $67,680 | $44,760 | $59,196 | $18,000 | 0.40 | |
| $39,212 | $43,646 | $50,853 | $27,000 | 0.62 | |
| $60,850 | $41,099 | $56,085 | $27,000 | 0.66 | |
| $42,970 | $40,467 | $45,920 | $27,000 | 0.67 | |
| National Median | — | $31,482 | — | $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 Williams College, approximately 17% 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 44 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.