Median Earnings (1yr)
$22,656
5th percentile
25th percentile in Virginia
Median Debt
$25,000
2% below national median

Analysis

Longwood's psychology program starts graduates at an alarmingly low $22,656—landing in just the 5th percentile nationally and 25th within Virginia. That first-year figure is barely above minimum wage and roughly $10,000 below what typical Virginia psychology graduates earn. With $25,000 in debt, new graduates face an immediate debt burden that exceeds their annual salary, making loan payments potentially unmanageable in those critical early years.

The story improves dramatically by year four, with earnings nearly doubling to $42,137. This 86% growth rate suggests graduates who stick it out do find their footing, eventually surpassing both state and national medians. However, this recovery pattern raises questions about what happens in those first few years—are graduates working retail or service jobs before transitioning to psychology-related work? The gap between Longwood's outcomes and top Virginia programs like VMI ($44,163) or William & Mary ($36,818) is substantial, even accounting for the eventual earnings growth.

For families considering this program, the financial math is challenging. Your child would likely struggle financially for several years post-graduation, making those first loan payments difficult even with income-driven repayment plans. Unless there are compelling reasons to attend Longwood specifically—strong campus fit, geographic ties, or graduate school preparation—the combination of weak initial earnings and moderate debt suggests exploring other Virginia programs that start graduates on more solid financial footing.

Where Longwood University Stands

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

Earnings Distribution

How Longwood University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Longwood University$22,656$42,137+86%
Virginia Military Institute$44,163$60,540+37%
University of Virginia-Main Campus$36,121$60,347+67%
Marymount University$33,277$52,616+58%
University of Richmond$36,309$51,312+41%

Compare to Similar Programs in Virginia

Psychology bachelors's programs at peer institutions in Virginia (41 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Longwood UniversityFarmville$15,200$22,656$42,137$25,0001.10
Virginia Military InstituteLexington$20,484$44,163$60,540$19,2500.44
William & MaryWilliamsburg$25,040$36,818$51,232$19,3790.53
George Mason UniversityFairfax$13,815$36,326$48,517$21,0000.58
University of RichmondUniversity of Richmond$62,600$36,309$51,312$25,5000.70
University of Virginia-Main CampusCharlottesville$20,986$36,121$60,347$19,5000.54
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Longwood University, approximately 26% 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 44 graduates with reported earnings and 67 graduates with debt data. Small samples may not be representative.