Median Earnings (1yr)
$18,266
5th percentile
10th percentile in Ohio
Median Debt
$31,485
23% above national median

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 programsβ€”less 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

School1 Year4 YearsGrowth
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Central State UniversityWilberforce$7,824$18,266$35,404$31,4851.72
Kenyon CollegeGambier$69,330$39,203$42,073$19,0000.48
Muskingum UniversityNew Concord$31,440$37,636$34,807$27,6250.73
John Carroll UniversityUniversity Heights$49,100$36,602$43,225$27,0000.74
Miami University-HamiltonHamilton$7,278$36,190$46,978$24,0940.67
Miami University-MiddletownMiddletown$7,278$36,190$46,978$24,0940.67
National Medianβ€”$31,482β€”$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 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.