Median Earnings (1yr)
$26,688
53rd percentile
Median Debt
$10,239
9% below national median
Debt-to-Earnings
0.38
Manageable
Sample Size
26
Limited data

Analysis

With only three schools in Indiana offering associate-level psychology programs, Ivy Tech sits right at the state median—but the small sample size (under 30 graduates) means these numbers could shift significantly year to year. At $26,688 in first-year earnings, graduates are earning slightly above the national average for this degree, though that's still less than $13 per hour assuming full-time work. The $10,239 in debt translates to manageable monthly payments, but the real question is whether this degree alone creates meaningful career opportunities.

The challenge with an associate's in psychology is that it rarely serves as a terminal degree. Most entry-level positions in the field require at least a bachelor's, meaning these earnings likely reflect work in adjacent fields like social services, childcare, or administrative support. If your child plans to transfer to a four-year program, this could be a cost-effective first step—Indiana's public universities accept Ivy Tech credits readily. But if they're hoping to enter the workforce immediately with strong earning potential, psychology typically isn't that pathway at the associate level.

The debt burden here is reasonable, but treat this as what it is: potentially a stepping stone rather than a destination. If your child is committed to psychology and plans to continue their education, Ivy Tech offers an affordable start. If they're uncertain or hoping to work right after graduation, consider programs with clearer two-year career pathways.

Where Ivy Tech Community College Stands

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

Ivy Tech Community 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 Ivy Tech Community College graduates compare to all programs nationally

Ivy Tech Community College graduates earn $27k, placing them in the 53th percentile of all psychology associates programs nationally.

Compare to Similar Programs in Indiana

Psychology associates's programs at peer institutions in Indiana (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ivy Tech Community College$26,688—$10,2390.38
National Median$26,232—$11,1980.43

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 Ivy Tech Community College, approximately 23% 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 26 graduates with reported earnings and 48 graduates with debt data. Small samples may not be representative.