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Psychology at Colby College

Waterville, ME · Private nonprofit · Bachelor's Degree · Psychology, General
37 /100
DegreeOutlook Score (Base Case)
37
Optimistic
37
Base Case
33
Pessimistic
Earnings $40,842/yr (29% vs median)
AI Risk High (49% exposed)
Job Market Very Large (125,000 openings/yr)
ROI 2.3x earnings multiple
Ranked #361 of 926 Psychology, General programs Top 50%

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Psychology graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $614K $604K $544K
Earnings Multiple 2.3x 2.3x 2.0x
Probability of Field Employment 51% 47% 34%
DegreeOutlook Score 37 37 33

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$266,400
4-Year Net Price (After Aid)
$95,756
64% less than sticker · See by income
Reported Earnings (5 Year)
$65,101
59% growth from Year 1

Program Analysis

Graduates of Colby College's Psychology program earn $40,842/yr in their first year — 29% above the $31,705 national median, a strong market signal for this institution.

At 2.3x tuition cost, the financial math is tight. Decade earnings don't dramatically exceed what you paid, making school choice and aid packages critical.

The 12% difference between AI scenarios reflects partial automation exposure. Some Psychology career paths face displacement, but others in the field are more insulated.

A #361 ranking among 926 Psychology programs places Colby College in the middle-to-upper range. Solid, not exceptional.

The $40,842-to-$65,101 earnings arc over five years reflects a 59% gain — well above average career growth for recent graduates.

About Colby College

Colby College admits 7% of applicants — among the most selective institutions in the country, with a smaller student body of 2,282 in Waterville, ME. The average net cost of $95,756 over four years represents a 64% discount from published tuition.

See all programs and financial aid at Colby College →

Top Career Paths

Managers, all other $136,550/yr
Psychologists, all other $117,580/yr
Industrial-organizational psychologists $109,840/yr
View all 6 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 926 schools offering Psychology →

Psychology at Other Schools

Bentley University ($62,218) Georgetown University ($51,959) Bucknell University ($51,645) Gettysburg College ($50,040) Trinity College ($48,406) CUNY Graduate School and University Center ($48,299) The University of Texas Permian Basin ($46,009) Charter Oak State College ($45,428)

Other Majors at Colby College

Economics ($76,401) Political Science and Government ($54,353) Area Studies ($45,686) Biology, General ($43,597) International/Global Studies ($42,756) Romance Languages, Literatures, and Linguistics ($42,326) Natural Resources Conservation and Research ($28,216)

Is a Trade Program a Better Fit?

Compare Psychology trade programs on TradeSchoolWorth →

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

What does a 37/100 DegreeOutlook Score mean for Psychology at Colby College?
At 37/100, the financial outlook is modest. Higher-scoring Psychology programs exist, though non-financial factors may justify this choice.
Should I worry about AI if I study Psychology at Colby College?
The 49% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.
What do students actually pay for Psychology at Colby College?
The 64% gap between sticker price and net cost means most students pay far less than $266,400. At a net cost of $95,756, the earnings multiple improves substantially.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →