Median Earnings (1yr)
$26,636
14th percentile (40th in KY)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
1.01
Elevated
Sample Size
20
Limited data

Analysis

Centre College's selective admissions and high SAT scores might suggest strong outcomes, but their psychology graduates earn just $26,636 one year out—landing in the 14th percentile nationally and 40th within Kentucky. That's $5,000 below the state median and $2,000 below even Campbellsville University. For context, other Kentucky psychology programs like Spalding ($40,262) and University of the Cumberlands ($36,913) produce earnings 40-50% higher, suggesting Centre students aren't benefiting proportionately from the school's academic profile.

The debt load of $27,000 roughly matches first-year earnings, creating a 1:1 ratio that's manageable in theory but problematic when earnings start this low. Psychology graduates typically need graduate credentials for meaningful career advancement, meaning these students face either years of modest income or additional borrowing. The small sample size (under 30 graduates) adds uncertainty—this could be a statistical fluke from a few graduates pursuing immediate graduate school rather than employment—but parents shouldn't ignore that Centre ranks in the bottom 15% nationally for this major.

If your child is set on psychology at a selective Kentucky school, examine whether Centre's liberal arts environment justifies earnings that trail peer institutions by $7,000-14,000 annually. That gap compounds quickly, especially if graduate school is on the horizon.

Where Centre College Stands

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

Centre CollegeOther 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 Centre College graduates compare to all programs nationally

Centre College graduates earn $27k, placing them in the 14th percentile of all psychology bachelors programs nationally.

Compare to Similar Programs in Kentucky

Psychology bachelors's programs at peer institutions in Kentucky (24 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Centre College$26,636—$27,0001.01
Spalding University$40,262$39,085$31,7500.79
University of the Cumberlands$36,913$35,801$21,7500.59
Northern Kentucky University$36,209$35,440$26,0880.72
Georgetown College$33,921$43,886$27,0000.80
Campbellsville University$31,478—$23,2500.74
National Median$31,482—$25,5000.81

Other Psychology Programs in Kentucky

Compare tuition, earnings, and debt across Kentucky schools

SchoolIn-State TuitionEarnings (1yr)Debt
Spalding University
Louisville
$27,850$40,262$31,750
University of the Cumberlands
Williamsburg
$9,875$36,913$21,750
Northern Kentucky University
Highland Heights
$10,896$36,209$26,088
Georgetown College
Georgetown
$42,010$33,921$27,000
Campbellsville University
Campbellsville
$26,990$31,478$23,250

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 Centre College, approximately 21% 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 20 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.