Analysis
Anderson University's psychology program starts graduates at $27,482—about $6,000 below Indiana's median and landing in just the 25th percentile statewide. That gap persists even four years out, when earnings reach $35,421, still trailing both state and national benchmarks. For context, Indiana psychology graduates at the state median earn nearly $6,000 more in their first year, and schools like Trine and Indiana State place their graduates notably higher.
The debt picture of $27,000 doesn't look terrible on paper—it's close to state and national norms—but combined with below-average earnings, it creates a tight first year financially. The debt-to-earnings ratio of 0.98 means graduates owe nearly a full year's salary, which translates to substantial monthly payments on an entry-level psychology income. The 29% earnings growth over four years helps, but doesn't close the gap with stronger programs.
The small sample size here matters. With fewer than 30 graduates in the data, one or two outliers could skew these numbers significantly. That said, consistently ranking in the bottom quarter of Indiana programs is hard to ignore. Parents should recognize their child would likely start behind peers from other Indiana schools, both in earnings and in financial breathing room during those crucial early career years when student loan payments begin.
Where Anderson University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Anderson University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Anderson University | $27,482 | $35,421 | +29% |
| University of Indianapolis | $32,237 | $56,992 | +77% |
| Taylor University | $30,311 | $53,764 | +77% |
| Saint Mary's College | $32,213 | $47,897 | +49% |
| Indiana University-Bloomington | $33,810 | $47,627 | +41% |
Compare to Similar Programs in Indiana
Psychology bachelors's programs at peer institutions in Indiana (44 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $35,640 | $27,482 | $35,421 | $27,000 | 0.98 | |
| $9,576 | $37,096 | $39,713 | $27,000 | 0.73 | |
| $35,600 | $37,096 | $39,713 | $27,000 | 0.73 | |
| $9,900 | $36,111 | — | $33,611 | 0.93 | |
| $30,446 | $36,111 | — | $33,611 | 0.93 | |
| $9,992 | $35,742 | $37,358 | $27,000 | 0.76 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Anderson University, approximately 36% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 28 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.