Analysis
This program's small sample size makes drawing definitive conclusions difficult, but the available data points to significant financial challenges. Concord's psychology graduates earn just $20,993 one year after graduation—less than half the national median of $31,482 and roughly $8,000 below West Virginia's state median. Even within West Virginia, where psychology earnings trail national averages, this program ranks in just the 25th percentile. To put it bluntly: three-quarters of psychology programs in the state produce better initial outcomes.
The debt burden compounds the problem. At $15,648, graduates owe relatively little in absolute terms (the national median is $25,500), yet this represents 75% of their first-year income—a ratio that typically signals repayment struggles. The strong earnings growth to $32,751 by year four is encouraging and suggests graduates eventually find better footing, but those early years matter enormously for loan repayment and financial stability.
With Concord's 90% admission rate and nearly half of students on Pell grants, this serves an access mission for first-generation and lower-income West Virginians. That's valuable. But parents should understand their child would likely be starting $10,000+ behind peers at Marshall, Shepherd, or American Public University System—schools charging similar tuition. If psychology is the goal, other in-state options appear to offer meaningfully better returns on investment.
Where Concord University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Concord 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 |
|---|---|---|---|
| Concord University | $20,993 | $32,751 | +56% |
| American Public University System | $39,655 | $44,912 | +13% |
| Shepherd University | $31,282 | $42,528 | +36% |
| West Virginia University | $28,879 | $41,351 | +43% |
| West Virginia University Institute of Technology | $28,879 | $41,351 | +43% |
Compare to Similar Programs in West Virginia
Psychology bachelors's programs at peer institutions in West Virginia (14 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,700 | $20,993 | $32,751 | $15,648 | 0.75 | |
| $8,400 | $39,655 | $44,912 | $31,973 | 0.81 | |
| $8,642 | $31,282 | $42,528 | $22,500 | 0.72 | |
| $8,942 | $30,864 | $36,901 | $26,000 | 0.84 | |
| $8,454 | $29,307 | $36,992 | $26,000 | 0.89 | |
| $9,648 | $28,879 | $41,351 | $23,328 | 0.81 | |
| National Median | — | $31,482 | — | $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 Concord University, approximately 47% 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 18 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.