Analysis
Kenyon's psychology graduates earn significantly more than peers at most Ohio schools—about $8,500 above the state median—but these impressive numbers come from a very small sample that may not represent typical outcomes. Among Ohio's 74 psychology programs, these earnings rank in the 80th percentile, topping even larger universities like Miami and John Carroll. Nationally, they're in the 95th percentile. However, with fewer than 30 graduates reporting, this data could easily reflect a handful of unusually successful students rather than a reliable pattern.
The financial picture looks manageable on paper: $19,000 in debt against $39,200 in first-year earnings creates a debt-to-earnings ratio under 0.5, which is reasonable for liberal arts graduates. Earnings do grow to $42,000 by year four, though that's modest growth for a selective school (31% admission rate, 1440 SAT average). Psychology bachelor's degrees typically don't lead to high-paying careers without graduate school, and even Kenyon's strong showing doesn't change that fundamental dynamic.
For affluent families who can afford Kenyon's tuition and aren't concerned about immediate earnings, this program appears solid. But if you're counting on strong returns to justify the investment, be cautious: the small sample makes these numbers unreliable, and even the reported earnings are middling for graduates of such a selective institution. Consider whether your child plans graduate school—where Kenyon's preparation might prove more valuable than these bachelor's-level numbers suggest.
Where Kenyon College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Kenyon College 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 |
|---|---|---|---|
| Kenyon College | $39,203 | $42,073 | +7% |
| University of Dayton | $32,953 | $50,757 | +54% |
| Miami University-Middletown | $36,190 | $46,978 | +30% |
| Miami University-Hamilton | $36,190 | $46,978 | +30% |
| Miami University-Oxford | $36,190 | $46,978 | +30% |
Compare to Similar Programs in Ohio
Psychology bachelors's programs at peer institutions in Ohio (74 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $69,330 | $39,203 | $42,073 | $19,000 | 0.48 | |
| $31,440 | $37,636 | $34,807 | $27,625 | 0.73 | |
| $49,100 | $36,602 | $43,225 | $27,000 | 0.74 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $17,809 | $36,190 | $46,978 | $24,094 | 0.67 | |
| 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 Kenyon College, approximately 10% 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 24 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.