Program Analysis
Starting salaries of $23,906/yr fall 32% below the $35,198 national median for Research and Experimental Psychology. The financial case depends heavily on whether tuition compensates.
The financial case is thin at 1.7x — decade earnings barely exceed the cost of attendance. The value proposition here is driven by factors beyond pure ROI.
Some AI exposure exists in Research and Experimental Psychology's typical career paths, with 44% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a -1% gap from the optimistic case.
Median debt of $27,000 against $23,906/yr in first-year earnings means roughly 1.1 years of salary goes to loan repayment. That's a heavy but not crushing debt load.
Ranked #84 of 84 Research and Experimental Psychology programs, Albion College falls below the median. Stronger options exist, though cost and location may compensate.