Analysis
Fayetteville State's psychology program does something right that many schools serving similar populations struggle with: it combines very manageable debt with earnings that outpace most psychology programs in North Carolina. At $27,000 in debt against $31,217 in first-year earnings, graduates face a debt load 40% lower than many peer institutions, while still earning more than the state median for psychology majors.
The earnings trajectory tells an encouraging story. Four years out, graduates see their income climb to $36,420—putting them within striking distance of programs at schools like Elon and Wake Forest that have much higher admission selectivity. For a university where more than half of students receive Pell grants, these outcomes represent genuine economic mobility. The 60th percentile ranking among NC psychology programs confirms this isn't just about low costs; the program delivers competitive earning power.
The practical calculation here is straightforward: your child would graduate with below-average debt and above-average earnings potential for North Carolina. That 0.86 debt-to-earnings ratio means the debt is very manageable from day one, not something that will weigh them down for a decade. For families looking at psychology degrees—which aren't typically high-earning credentials—this represents one of the safer financial bets in the state.
Where Fayetteville State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Fayetteville 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 |
|---|---|---|---|
| Fayetteville State University | $31,217 | $36,420 | +17% |
| Duke University | $33,559 | $72,857 | +117% |
| Wake Forest University | $34,823 | $59,767 | +72% |
| Elon University | $36,668 | $48,045 | +31% |
| University of North Carolina at Chapel Hill | $31,804 | $46,914 | +48% |
Compare to Similar Programs in North Carolina
Psychology bachelors's programs at peer institutions in North Carolina (51 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $3,969 | $31,217 | $36,420 | $27,000 | 0.86 | |
| $44,536 | $36,668 | $48,045 | $23,250 | 0.63 | |
| $64,758 | $34,823 | $59,767 | $21,500 | 0.62 | |
| $40,410 | $33,892 | $37,905 | $27,000 | 0.80 | |
| $65,805 | $33,559 | $72,857 | $15,415 | 0.46 | |
| $8,989 | $31,804 | $46,914 | $14,253 | 0.45 | |
| 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 Fayetteville State University, approximately 53% 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 120 graduates with reported earnings and 170 graduates with debt data. Small samples may not be representative.