Median Earnings (1yr)
$28,705
27th percentile
40th percentile in Tennessee
Median Debt
$25,000
2% below national median

Analysis

Austin Peay's psychology program delivers middling results that fall short of both national standards and what many Tennessee schools achieve. Starting at $28,705—below both the national and state medians—graduates land in the bottom third nationally, though they perform closer to average among Tennessee programs (40th percentile). While some might find comfort in the relatively manageable $25,000 debt load, the low initial earnings make even this moderate debt significant, requiring nearly a full year's salary to repay.

The 17% earnings growth to $33,656 by year four offers modest improvement but doesn't fundamentally change the picture. Compare this to what's achievable at other Tennessee schools: Rhodes graduates start at $37,563, and even Middle Tennessee State—another public university—produces median earnings of $32,433. These aren't elite private schools with prohibitive price tags; they're realistic alternatives that deliver substantially better outcomes.

For families considering this program, the math is straightforward: you're looking at below-average starting pay with debt that takes nearly a year to repay, while accessible alternatives in Tennessee consistently deliver $4,000-$9,000 more in starting salary. Unless there are compelling personal reasons to attend Austin Peay specifically—location, specific faculty, or unique circumstances—psychology students have better options within the state that offer meaningfully stronger returns on the same four-year investment.

Where Austin Peay State University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Earnings Distribution

How Austin Peay State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Austin Peay State University$28,705$33,656+17%
Vanderbilt University$36,716$54,652+49%
Rhodes College$37,563$53,414+42%
The University of the South$35,379$45,835+30%
The University of Tennessee-Chattanooga$30,984$39,041+26%

Compare to Similar Programs in Tennessee

Psychology bachelors's programs at peer institutions in Tennessee (34 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State UniversityClarksville$8,675$28,705$33,656$25,0000.87
Rhodes CollegeMemphis$54,892$37,563$53,414$24,5890.65
Trevecca Nazarene UniversityNashville$29,790$37,019—$21,3750.58
Vanderbilt UniversityNashville$63,946$36,716$54,652$11,2090.31
The University of the SouthSewanee$53,698$35,379$45,835$17,1480.48
Middle Tennessee State UniversityMurfreesboro$9,506$32,433$35,287$22,0000.68
National Median—$31,482—$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Peay State University, approximately 46% 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 76 graduates with reported earnings and 120 graduates with debt data. Small samples may not be representative.