Psychology, General at Massachusetts College of Liberal Arts
MA · Bachelor's Degree · CIP 42.01
Executive Summary
Graduates with a Psychology, General degree from Massachusetts College of Liberal Arts earn a median salary of $48,030 within five years of graduation. Adjusted for the cost of living in MA, this represents a national purchasing power equivalent of $32,409. The degree typically pays for itself in 13.7 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where bachelor's graduates from this school usually land.
Salary Ranges
Starting Range
$34,791
Typical Career
$48,030
Top Performers
$62,446
Estimated break-even: 13.7 years.
Debt-to-Income Check
$320
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,003. Most students can comfortably afford about a $320 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.2x more than the average US high school graduate and 0.6x more than the average college graduate.
Purchasing Power Context
A dollar in Massachusetts buys what costs $1.48 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Educational Services, Retail Trade.
Where Bachelor's Graduates from This School Work
Institution-wide industry mix for bachelor's graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$32,409
Nominal: $48,030 in Massachusetts (COL 148.2% of national avg) · 32.5% lower purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $26,030 | $32,425 | $41,019 |
| 5 Years After Graduation | $34,791 | $48,030 | $62,446 |
| 10 Years After Graduation | $43,588 | $58,197 | $72,585 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $48,030 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in MA, which has a cost-of-living index of 148.2% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $48,030 × (1.0 ÷ 1.4820)
= $32,409 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The primary industries that graduates enter include Health Care & Social Assistance (21.8%), Educational Services (16.3%), and Retail Trade (9.0%). The estimated break-even point for graduates compared to those with only a high school diploma is approximately 13.7 years, suggesting a significant return on investment over time. While the initial financial rewards may not be substantial, the long-term career prospects and industry demand for psychology graduates can lead to a favorable overall return on investment.
AI-assisted editorial analysis based on Census PSEO data. Fact-checked against source data.
Compare with Another School
See how the Psychology, General degree at Massachusetts College of Liberal Arts stacks up against another institution side-by-side.
Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.