Median Earnings (1yr)
$28,217
23rd percentile
40th percentile in Tennessee
Median Debt
$25,250
1% below national median

Analysis

Carson-Newman psychology graduates earn about $28,200 in their first year—roughly $3,000 below the national median and $900 below Tennessee's typical outcome for this major. While that 40th percentile state ranking sounds middling, the gap becomes starker when you see that Tennessee's top programs produce graduates earning $35,000-$37,000 annually. Even Middle Tennessee State, a public university, delivers outcomes 15% stronger than Carson-Newman.

The debt load of $25,250 nearly matches the first year's salary, though it's fairly typical for psychology programs both nationally and within Tennessee. The real concern is whether these earnings grow substantially over time—psychology bachelor's degrees often require graduate school for higher-paying positions, which means additional years of education and debt before seeing significant income gains.

The small sample size here (under 30 graduates) warrants real caution. A few graduates pursuing immediate grad school or facing unusual circumstances could skew these numbers considerably. For families considering Carson-Newman, it's worth asking the department directly about graduate school placement rates and career trajectories beyond that first year. At this price point, you'd want confidence that typical graduates either see meaningful salary growth quickly or successfully transition into advanced degrees that justify the initial investment.

Where Carson-Newman University Stands

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

Earnings Distribution

How Carson-Newman University graduates compare to all programs nationally

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
Carson-Newman UniversityJefferson City$34,700$28,217$25,2500.89
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 Carson-Newman 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.

Sample Size: Based on 21 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.