Median Earnings (1yr)
$21,846
5th percentile (25th in AR)
Median Debt
$19,134
25% below national median
Debt-to-Earnings
0.88
Manageable
Sample Size
32
Adequate data

Analysis

Henderson State's psychology program starts graduates at a troubling $21,846—roughly $10,000 below the state median and in the bottom 5% nationally. While the 77% earnings jump to year four represents strong growth, that still only reaches $38,734, which barely exceeds what typical psychology graduates earn right out of school elsewhere. The debt load of $19,134 is actually lower than state and national averages, but paired with such weak initial earnings, it creates a challenging first few years.

Within Arkansas, this program ranks in just the 25th percentile, trailing not only flagship schools but regional competitors like Southern Arkansas University and UA-Fort Smith by $8,000-10,000 annually. For context, John Brown University's psychology graduates start at $35,294—nearly 62% higher than Henderson State. The concerning pattern here isn't the debt burden itself, but rather what appears to be either weak career placement or graduates taking lower-paying positions that don't require their degree initially.

The significant earnings recovery by year four suggests graduates eventually find their footing, but that first year at less than $22,000 will strain any household budget. For an Arkansas family, exploring other in-state options would likely provide better immediate outcomes, particularly given that several state schools offer similar or lower debt with substantially higher starting salaries.

Where Henderson State University Stands

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

Henderson State UniversityOther 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 Henderson State University graduates compare to all programs nationally

Henderson State University graduates earn $22k, placing them in the 5th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Arkansas

Psychology bachelors's programs at peer institutions in Arkansas (19 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Henderson State University$21,846$38,734$19,1340.88
John Brown University$35,294$26,5440.75
University of Arkansas at Little Rock$32,522$34,282$28,6460.88
University of Arkansas$31,866$44,385$24,4630.77
Southern Arkansas University Main Campus$31,426$33,636$20,4080.65
University of Arkansas-Fort Smith$29,853$35,086$22,5000.75
National Median$31,482$25,5000.81

Other Psychology Programs in Arkansas

Compare tuition, earnings, and debt across Arkansas schools

SchoolIn-State TuitionEarnings (1yr)Debt
John Brown University
Siloam Springs
$30,832$35,294$26,544
University of Arkansas at Little Rock
Little Rock
$8,455$32,522$28,646
University of Arkansas
Fayetteville
$9,748$31,866$24,463
Southern Arkansas University Main Campus
Magnolia
$9,820$31,426$20,408
University of Arkansas-Fort Smith
Fort Smith
$6,906$29,853$22,500

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 Henderson State University, approximately 48% 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 32 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.