Analysis
Arkansas State's psychology program lands right in the middle of the state's offerings but trails national benchmarks in a meaningful way. With first-year earnings of $29,198, graduates earn about $2,300 less than the national median for psychology majors—placing them in just the 31st percentile nationally. Within Arkansas, they're hovering near the state median but still lag behind programs at John Brown University and even the University of Arkansas system schools by $2,000-6,000 annually.
The debt picture offers some relief: at $22,222, graduates borrow about $2,000 less than the Arkansas median and substantially less than the national figure. That 0.76 debt-to-earnings ratio means the typical graduate owes roughly nine months of their first-year salary—manageable but not exceptional. The 17% earnings growth to year four shows steady progression, though it doesn't fully close the gap with stronger programs. Given that 37% of students receive Pell grants, the lower debt load matters for families without financial cushions.
For families considering this program, the tradeoff is clear: you'll pay less to attend than at many alternatives, but your graduate will likely start their career earning less than peers from competing schools. If cost containment is the priority and you're staying in Arkansas, this delivers baseline value. But if maximizing early career earnings matters—particularly for a psychology degree that may require graduate school—the higher-earning programs in the state justify serious consideration.
Where Arkansas State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Arkansas State 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 |
|---|---|---|---|
| Arkansas State University | $29,198 | $34,223 | +17% |
| University of Arkansas | $31,866 | $44,385 | +39% |
| Harding University | $29,219 | $42,268 | +45% |
| University of Arkansas at Pine Bluff | $27,486 | $39,407 | +43% |
| Henderson State University | $21,846 | $38,734 | +77% |
Compare to Similar Programs in Arkansas
Psychology bachelors's programs at peer institutions in Arkansas (19 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $7,754 | $29,198 | $34,223 | $22,222 | 0.76 | |
| $30,832 | $35,294 | — | $26,544 | 0.75 | |
| $8,455 | $32,522 | $34,282 | $28,646 | 0.88 | |
| $9,748 | $31,866 | $44,385 | $24,463 | 0.77 | |
| $9,820 | $31,426 | $33,636 | $20,408 | 0.65 | |
| $6,906 | $29,853 | $35,086 | $22,500 | 0.75 | |
| 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 Arkansas State University, approximately 37% 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 40 graduates with reported earnings and 66 graduates with debt data. Small samples may not be representative.