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Psychology at Hamline University

Saint Paul, MN · Private nonprofit · Bachelor's Degree · Psychology, General

DegreeOutlook Score (Base Case)

Optimistic

Base Case

Pessimistic

Earnings $37,872/yr (19% vs median)

AI Risk High (49% exposed)

Job Market Very Large (125,000 openings/yr)

ROI 2.6x earnings multiple

Ranked #555 of 926 Psychology, General programs

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	$496K	$496K	$465K
Earnings Multiple	2.6x	2.6x	2.4x
Probability of Field Employment	51%	47%	34%
DegreeOutlook Score	32	32	29

10-Year Earnings Projection

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

4-Year Tuition (Sticker)

$193,244

4-Year Net Price (After Aid)

$85,540

56% less than sticker · See by income

Median Debt at Graduation

$21,500

6.8 months of Year 1 earnings

Reported Earnings (5 Year)

$47,798

26% growth from Year 1

Program Analysis

First-year earnings of $37,872 at Hamline University come in 19% above the national median of $31,705 for Psychology programs.

An earnings multiple of 2.6x means the program roughly breaks even in financial terms over ten years. Non-financial factors need to justify the investment.

AI risk is moderate — 49% task exposure — and the 6% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The $21,500 debt-to-$37,872 income ratio translates to about 7 months of earnings. Standard loan terms should handle this comfortably.

At #555 out of 926 programs, Hamline University's financial outcomes for Psychology trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $37,872 to $47,798 shows 26% growth, reflecting steady but unremarkable salary progression.

About Hamline University

Hamline University accepts 90% of applicants — an open-access institution by design, a compact campus enrolling 1,685 students in Saint Paul, MN. Financial aid reduces the effective four-year cost to $85,540 — 56% less than the list price.

See all programs and financial aid at Hamline University →

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

Psychology at Other Schools

Other Majors at Hamline University

Is a Trade Program a Better Fit?

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

Frequently Asked Questions

How does Hamline University's Psychology program score?

This program scores 32/100 — on the lower end for Psychology. Prospective students should carefully weigh costs against likely earnings.

How vulnerable is Psychology to AI automation?

AI won't 'replace' Psychology careers outright, but it is likely to reduce the number of job openings. We model 49% task exposure, which compresses field employment probability in our scenarios.

How affordable is Psychology at Hamline University after financial aid?

Sticker price is $193,244, but the average net cost is $85,540 — a 56% discount. For students who qualify for aid, this program is considerably more affordable than it appears.

Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →