Analysis
In Virginia's small landscape of experimental psychology programs, peer data nationally suggests graduates typically start around $34,800—which means the estimated debt load of $24,375 for Averett's program creates a debt-to-earnings ratio of 0.70. That's manageable compared to many bachelor's degrees, where students carry far more relative to their first-year income. Similar programs nationally report median debt of $21,500, so Averett's estimate runs slightly higher, though not dramatically so.
What complicates the picture is that psychology bachelor's degrees often serve as stepping stones to graduate work rather than terminal credentials. First-year earnings in the mid-$30,000s reflect entry-level positions in social services, research assistance, or related fields—roles that may not fully utilize the degree without further education. For families counting on immediate earning power after graduation, this trajectory matters. The 0.70 ratio suggests the debt is serviceable, but you're looking at a modest starting salary that may require living frugally or continued family support in the early years.
Given the limited graduate sample size that triggered these estimates, you're working with less certainty than you'd have at larger programs with published outcomes. If your child is committed to psychology and values Averett's smaller environment (39% Pell Grant recipients suggests meaningful economic diversity), the estimated financial picture isn't alarming. But confirm whether they're prepared for either graduate school or the realities of entry-level psychology work at this salary level.
Where Averett University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Compare to Similar Programs Nationally
Research and Experimental Psychology bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,550 | $34,769* | — | $24,375* | — | |
| $67,844 | $56,504* | — | $15,875* | 0.28 | |
| $69,045 | $53,156* | $56,899 | $20,500* | 0.39 | |
| $63,340 | $49,035* | — | $14,507* | 0.30 | |
| $64,700 | $47,874* | — | —* | — | |
| $63,478 | $47,376* | — | $13,750* | 0.29 | |
| National Median | — | $34,768* | — | $21,500* | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Averett University, approximately 39% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 84 similar programs. Actual outcomes may vary.