Psychology at Lipscomb University
Bachelor's Degree
Analysis
Lipscomb's psychology program lands squarely in the middle of Tennessee options, ranking at the 40th percentile statewide—not disastrous, but noticeably behind both public alternatives like Middle Tennessee State and peer private institutions. Starting earnings of $28,252 lag behind the national psychology median by about $3,200, though the $25,062 in debt is roughly average. The 25% earnings bump by year four is encouraging, but that still only brings graduates to $35,261, meaningfully less than what nearby Rhodes or Vanderbilt psychology grads start at.
The debt-to-earnings ratio of 0.89 means graduates owe nearly a full year's salary, which creates tight finances early on when combined with Nashville's rising cost of living. Psychology majors here are earning less than the typical Tennessee psychology graduate while paying private school tuition rates. For context, MTSU's psychology program produces similar four-year outcomes while likely costing in-state students considerably less.
This program makes most sense for students specifically drawn to Lipscomb's Christian mission who understand they're prioritizing campus culture over earning potential. Families focused on return on investment should carefully compare net price here against Tennessee's stronger-performing psychology programs—both public and private options exist that deliver better outcomes at this debt level.
Where Lipscomb University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
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 Lipscomb University graduates compare to all programs nationally
Lipscomb University graduates earn $28k, placing them in the 24th 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 Tennessee
Psychology bachelors's programs at peer institutions in Tennessee (34 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Lipscomb University | $28,252 | $35,261 | $25,062 | 0.89 |
| Rhodes College | $37,563 | $53,414 | $24,589 | 0.65 |
| Trevecca Nazarene University | $37,019 | — | $21,375 | 0.58 |
| Vanderbilt University | $36,716 | $54,652 | $11,209 | 0.31 |
| The University of the South | $35,379 | $45,835 | $17,148 | 0.48 |
| Middle Tennessee State University | $32,433 | $35,287 | $22,000 | 0.68 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in Tennessee
Compare tuition, earnings, and debt across Tennessee schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Rhodes College Memphis | $54,892 | $37,563 | $24,589 |
| Trevecca Nazarene University Nashville | $29,790 | $37,019 | $21,375 |
| Vanderbilt University Nashville | $63,946 | $36,716 | $11,209 |
| The University of the South Sewanee | $53,698 | $35,379 | $17,148 |
| Middle Tennessee State University Murfreesboro | $9,506 | $32,433 | $22,000 |
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 Lipscomb University, approximately 21% 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 37 graduates with reported earnings and 48 graduates with debt data. Small samples may not be representative.