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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,200 | $22,656 | $42,137 | $25,000 | 1.10 | |
| $20,484 | $44,163 | $60,540 | $19,250 | 0.44 | |
| $25,040 | $36,818 | $51,232 | $19,379 | 0.53 | |
| $13,815 | $36,326 | $48,517 | $21,000 | 0.58 | |
| $62,600 | $36,309 | $51,312 | $25,500 | 0.70 | |
| $20,986 | $36,121 | $60,347 | $19,500 | 0.54 | |
| 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 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.