Analysis
Central State's psychology program shows troubling first-year outcomes that demand scrutiny, though the small sample size (under 30 graduates) means these numbers may not tell the full story. The $18,266 median starting salary ranks in just the 10th percentile among Ohio psychology programsβless than half what graduates earn at Ohio State or Miami University. Combined with $31,485 in debt (above both state and national medians), new graduates face the very real challenge of managing loan payments that exceed their entire first-year salary.
The dramatic earnings jump to $35,404 by year four offers some optimism, suggesting graduates either need time to find stable employment or pursue additional credentials. However, even this improved figure barely surpasses the state median, and the debt burden remains substantial. For context, Ohio has 74 psychology programs, and this one ranks near the bottom for initial outcomes.
The math is stark: with a debt-to-earnings ratio of 1.72 in year one, graduates would struggle to afford standard loan payments while covering basic living expenses. If your student is set on psychology and Central State specifically, understand they'll likely need family financial support early in their career or should plan for graduate school where better earning potential exists. The small sample makes definitive judgments difficult, but these are warning signs worth investigating further with the school's career services office before committing.
Where Central State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Central State University 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 |
|---|---|---|---|
| Central State University | $18,266 | $35,404 | +94% |
| University of Dayton | $32,953 | $50,757 | +54% |
| Miami University-Middletown | $36,190 | $46,978 | +30% |
| Miami University-Hamilton | $36,190 | $46,978 | +30% |
| Miami University-Oxford | $36,190 | $46,978 | +30% |
Compare to Similar Programs in Ohio
Psychology bachelors's programs at peer institutions in Ohio (74 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $7,824 | $18,266 | $35,404 | $31,485 | 1.72 | |
| $69,330 | $39,203 | $42,073 | $19,000 | 0.48 | |
| $31,440 | $37,636 | $34,807 | $27,625 | 0.73 | |
| $49,100 | $36,602 | $43,225 | $27,000 | 0.74 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| 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 Central State University, approximately 42% 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 29 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.