Median Earnings (1yr)
$25,879
5th percentile
40th percentile in South Carolina
Median Debt
$27,000
6% above national median

Analysis

Starting at under $26,000 annually puts Converse's psychology graduates at a significant disadvantage—they're earning just 82% of what the typical psychology graduate in South Carolina makes. While the program sits squarely at the state median for debt, the combination means graduates face a challenging first year with debt exceeding their entire annual salary.

The 53% earnings jump to nearly $40,000 by year four offers meaningful improvement, eventually surpassing both state and national medians. This growth trajectory suggests graduates may struggle through those early years but find better footing as they gain experience or pursue graduate education. Still, the program ranks in just the 5th percentile nationally—meaning 95% of psychology programs elsewhere produce higher-earning graduates, even if it performs closer to average within South Carolina's market.

For families considering this $27,000 investment, understand that your child will likely face financial strain immediately after graduation. If they're committed to psychology and plan to stay in South Carolina, Converse provides a pathway to eventual solid earnings. But if they're open to other fields or institutions, programs like Charleston Southern or Wofford produce graduates earning $9,000-$10,000 more right out of the gate with similar debt loads—a difference that matters enormously when making those first loan payments.

Where Converse University Stands

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

Earnings Distribution

How Converse University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Converse University$25,879$39,597+53%
Clemson University$32,146$46,792+46%
College of Charleston$29,339$43,319+48%
University of South Carolina Beaufort$25,523$42,239+65%
Presbyterian College$23,510$42,022+79%

Compare to Similar Programs in South Carolina

Psychology bachelors's programs at peer institutions in South Carolina (29 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Converse UniversitySpartanburg$23,096$25,879$39,597$27,0001.04
Charleston Southern UniversityCharleston$31,030$35,364$37,652$27,0000.76
Wofford CollegeSpartanburg$54,100$34,429$25,7630.75
North Greenville UniversityTigerville$24,650$34,044$32,086$23,2500.68
Clemson UniversityClemson$15,554$32,146$46,792$22,6870.71
University of South Carolina AikenAiken$10,760$31,121$38,907$27,0000.87
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 Converse University, approximately 41% 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 39 graduates with reported earnings and 49 graduates with debt data. Small samples may not be representative.