Analysis
A psychology degree from WPI comes with an estimated $27,000 in debt—right in line with what MA psychology programs typically charge—but the earnings picture based on similar programs in the state suggests a tougher start than you might expect from a $60,000-per-year institution. At roughly $37,000 in first-year earnings, graduates would face a debt burden equal to 73% of their annual income, meaning loan payments could consume a significant chunk of entry-level paychecks. What makes this particularly striking is the gap between WPI and the state's top performers: Bentley psychology grads earn nearly $25,000 more in their first year, while even Holy Cross graduates clear $41,000.
The real question is whether WPI's engineering-focused culture translates to stronger outcomes for psychology majors than peer programs suggest. With only 10% of students receiving Pell grants, this is largely a full-pay environment, yet the estimated returns don't reflect a premium over state averages. If your child is set on psychology and WPI specifically, the debt load is manageable compared to national norms—but understand you'd be paying private school prices for what appears to be middle-of-the-pack Massachusetts outcomes. Before committing, ask the school directly about placement rates, graduate school acceptances, and whether their psychology graduates actually outperform these estimates.
Where Worcester Polytechnic Institute Stands
Earnings vs. debt across all psychology bachelors's programs nationally
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 |
|---|---|---|---|---|---|
| $59,070 | $36,873* | — | $27,000* | — | |
| $58,150 | $62,218* | — | $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 | — | $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 Worcester Polytechnic Institute, approximately 10% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 33 similar programs in MA. Actual outcomes may vary.