U.S. median for this major: $49,968.
College Scorecard field of study; 27 graduates with earnings reported. A small group, so treat this figure with caution
Median for graduates who received federal aid.
College Scorecard field of study
About 43% of median earnings 4 years out. U.S. median $25,490.
College Scorecard field of study (federal loans)
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $65,294. College Scorecard.
McDaniel College Psychology: pay against the field, and payback
Same major, other colleges
Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.
Psychology nationally: jobs, pay at ages 25-34, every state →
Cost to finish and years to pay back, by income
Uses McDaniel College's school-wide net price (no college reports it by major) and this major's graduate earnings.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $12,210 | $50,672 | 2.2 years |
| $30–48k | $17,261 | $71,633 | 3.0 years |
| $48–75k | $19,796 | $82,153 | 3.5 years |
| $75–110k | $21,408 | $88,843 | 3.8 years |
| $110k+ | $30,694 | $127,380 | 5.4 years |
Cost to finish = yearly price × 4.2 years, the average time graduates took (56% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Psychology graduates 4 years after graduating ($60,264) minus $36,731 for high school graduates ages 25-34 in MD (Census ACS 2020-2024), a gain of $23,533 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.
Psychology at Maryland colleges
Every Maryland college we cover that reports Psychology graduate earnings, highest first. Net price is the school-wide average after grants.
| Rank | College | Earnings, 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|---|
| 1 | Hood College | $65,110 | $22,000 | $20,873 | 57% |
| 2 | St. Mary's College of Maryland | $61,214 | $21,500 | $18,441 | 70% |
| 3 | McDaniel College | $60,264 | $25,662 | $21,916 | 63% |
| 4 | Loyola University Maryland | $59,905 | $27,000 | $30,574 | 79% |
| 5 | University of Maryland-College Park | $57,575 | $20,500 | $15,678 | 89% |
| 6 | Stevenson University | $57,285 | $27,000 | $26,505 | 68% |
| 7 | Morgan State University | $56,741 | $31,000 | $14,985 | 41% |
| 8 | Towson University | $55,497 | $20,788 | $17,413 | 69% |
| 9 | Bowie State University | $54,082 | $28,375 | $19,298 | 38% |
| 10 | University of Maryland-Baltimore County | $54,039 | $20,500 | $16,467 | 70% |
| 11 | Salisbury University | $50,319 | $22,625 | $17,743 | 68% |
| 12 | Frostburg State University | $50,210 | $24,904 | $16,715 | 50% |
| 13 | Coppin State University | $49,542 | $31,000 | $9,977 | 26% |
| 14 | University of Baltimore | $48,862 | $21,956 | $13,868 | 38% |
| 15 | Washington College | $44,955 | $27,000 | $27,898 | 65% |
| 16 | Goucher College | $44,901 | $26,000 | $22,470 | 57% |
5 more Maryland colleges offer Psychology but have too few graduates to report earnings.
Careers for Psychology graduates
Social Science Research Assistants
Median annual wage, all workers. U.S. jobs +5.0% by 2035. Typical entry: bachelor's degree.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.
What families pay at McDaniel College, by income
School-wide average after grants for students receiving federal aid. Tap your band.
College Scorecard
About McDaniel College
- Acceptance rate: 78% · admissions
- Graduation rate: 63% within 6 years
- Median earnings, all majors, 10 years after starting: $60,663
- Full cost breakdown · all 37 majors · overview
Related majors at McDaniel College
- Sociology$55,851
- Social Work$47,607
McDaniel College Psychology questions
How much do McDaniel College Psychology graduates earn?
Psychology graduates of McDaniel College earn a median $60,264 four years after graduating. The U.S. median for Psychology graduates across 998 colleges is $49,968.
How much debt do McDaniel College Psychology graduates have?
The median federal loan debt for Psychology graduates of McDaniel College is $25,662, about 43% of their median earnings four years out. Nationally the median is $25,490.
Is McDaniel College a good school for Psychology in Maryland?
On pay, Psychology graduates of McDaniel College earn $60,264 four years out, $5,474 above the median for the same major across 16 Maryland colleges ($54,790) and $10,296 above the U.S. median ($49,968). Medians of each college's graduates; EducationGuide calculation from College Scorecard.
Where does McDaniel College rank for Psychology in Maryland?
Of 16 Maryland colleges reporting Psychology graduate earnings, McDaniel College ranks 3rd. The highest is Hood College at $65,110.
What jobs do Psychology graduates get?
A common career is social science research assistants, with a median wage of $65,550 in the Baltimore-Columbia-Towson, MD area and $61,990 nationally.
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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “McDaniel College Psychology: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/mcdaniel-college/majors/psychology (College Scorecard and BLS data).