Analysis
A debt load near $24,000 against first-year earnings around $35,000 creates a manageable 0.70 ratioβbut these figures come from national peer programs, not Lindsey Wilson's actual graduates. What's striking is the gap between this national baseline and Kentucky's reality: Murray State, the only in-state program with reported outcomes, shows psychology bachelor's graduates earning just $23,674. That $11,000 difference matters significantly when you're carrying similar debt levels.
The national median of $34,768 for psychology bachelor's programs suggests reasonable starting salaries exist somewhere, but Kentucky's market appears notably weaker. With half of Lindsey Wilson's students receiving Pell grants, many families here are making this decision with limited financial cushion. If actual outcomes align more with Kentucky's patterns than national ones, graduates could face years of constrained budgets even with this "manageable" debt ratio.
The core question is whether Lindsey Wilson's program connects students to opportunities beyond Kentucky's depressed psychology wages, or whether graduates face the same $24,000 annual earnings that Murray State reports. Without this school's actual data, you're making a significant financial commitment based on national averages that may not reflect regional reality. Consider whether your child has concrete plans for graduate school or career paths that justify this investment despite Kentucky's weak bachelor's-level psychology market.
Where Lindsey Wilson College Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Compare to Similar Programs in Kentucky
Research and Experimental Psychology bachelors's programs at peer institutions in Kentucky (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $27,274 | $34,769* | β | $24,375* | β | |
| $9,708 | $23,674* | $41,664 | $20,500* | 0.87 | |
| National Median | β | $34,768* | β | $21,500* | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Lindsey Wilson College, approximately 50% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 84 similar programs. Actual outcomes may vary.