Median Earnings (1yr)
$28,705
27th percentile (40th in TN)
Median Debt
$25,000
2% below national median
Debt-to-Earnings
0.87
Manageable
Sample Size
76
Adequate data

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

Austin Peay State UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Austin Peay State University graduates compare to all programs nationally

Austin Peay State University graduates earn $29k, placing them in the 27th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Tennessee

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State University$28,705$33,656$25,0000.87
Rhodes College$37,563$53,414$24,5890.65
Trevecca Nazarene University$37,019—$21,3750.58
Vanderbilt University$36,716$54,652$11,2090.31
The University of the South$35,379$45,835$17,1480.48
Middle Tennessee State University$32,433$35,287$22,0000.68
National Median$31,482—$25,5000.81

Other Psychology Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Rhodes College
Memphis
$54,892$37,563$24,589
Trevecca Nazarene University
Nashville
$29,790$37,019$21,375
Vanderbilt University
Nashville
$63,946$36,716$11,209
The University of the South
Sewanee
$53,698$35,379$17,148
Middle Tennessee State University
Murfreesboro
$9,506$32,433$22,000

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.