Analysis
Austin College's psychology graduates start at just $23,054βlanding in the bottom 5th percentile nationally and well below the $31,000 Texas median. While earnings jump 75% by year four to reach $40,233, that first year presents genuine financial challenges, especially when servicing $25,000 in student debt. To put this in perspective, top Texas programs like UT Permian Basin see graduates earning nearly double right out of the gate.
The silver lining is meaningful earnings growth that eventually outpaces most Texas psychology programs by year four. However, that initial period matters enormously for loan repayment and financial independence. The sample size here is small (under 30 graduates), which means individual outcomes vary widely and these numbers may not be representative.
For families considering this path: if your child has strong graduate school ambitions where that eventual $40,000 provides a stable launching pad, this trajectory could work. But if they need immediate earning power after graduation, the first-year reality here is considerably tougher than what you'll find at most Texas schools. The debt load is manageable relative to later earnings, but bridging that first year requires either family support or a clear plan for additional income.
Where Austin College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Austin College 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 |
|---|---|---|---|
| Austin College | $23,054 | $40,233 | +75% |
| Rice University | $41,299 | $57,256 | +39% |
| Southern Methodist University | $38,115 | $52,450 | +38% |
| The University of Texas Permian Basin | $46,009 | $50,137 | +9% |
| The University of Texas at Dallas | $33,331 | $48,961 | +47% |
Compare to Similar Programs in Texas
Psychology bachelors's programs at peer institutions in Texas (72 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $46,500 | $23,054 | $40,233 | $25,000 | 1.08 | |
| $10,904 | $46,009 | $50,137 | $21,731 | 0.47 | |
| $57,220 | $42,108 | $48,796 | $23,412 | 0.56 | |
| $58,128 | $41,299 | $57,256 | $12,505 | 0.30 | |
| $64,460 | $38,115 | $52,450 | $23,310 | 0.61 | |
| $33,660 | $37,572 | β | $21,468 | 0.57 | |
| National Median | β | $31,482 | β | $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 Austin College, approximately 30% 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 23 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.