Location: North Manchester, IN•In-State Tuition: $37,090•Admission Rate: 91%
Est. Earnings (1yr)
$40,706
Est. from IN median (3 programs)
Est. Median Debt
$38,759
Est. from IN median (3 programs)

Analysis

A debt-to-earnings ratio of 0.95 suggests near-parity between what you borrow and what you earn in your first year—a manageable starting point for a bachelor's degree. Based on three comparable psychology programs in Indiana, graduates typically earn around $40,700 in their first year while carrying roughly $38,800 in debt. That sits comfortably above the national median of $34,500 for this field, though it's worth noting that Indiana programs generally carry higher debt loads than the $27,000 national median.

The challenge here is that bachelor's-level psychology positions often require additional credentials for meaningful career advancement. Many graduates pursue master's or doctoral programs to become licensed counselors or clinical psychologists, which means this debt becomes the foundation of a larger financial commitment. Manchester's 44% Pell grant population suggests the school serves students who may be particularly sensitive to borrowing decisions.

For families considering this path: if your child plans to stop at the bachelor's level, peer programs suggest the immediate financial picture is workable but not particularly lucrative. If graduate school is the goal—as it is for many psychology majors—factor this debt into a multi-year education plan rather than viewing it as a standalone investment.

Where Manchester University Stands

Earnings vs. debt across all clinical, counseling and applied psychology bachelors's programs nationally

Manchester University (estimated ±10%)Other clinical, counseling and applied psychology programs

Dashed lines show national medians. Upper-left = best value.

Compare to Similar Programs in Indiana

Clinical, Counseling and Applied Psychology bachelors's programs at peer institutions in Indiana (9 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Manchester UniversityNorth Manchester$37,090$40,706*—$38,759*—
Indiana Wesleyan University-MarionMarion$31,168$40,706*—$38,759*0.95
Indiana Wesleyan University-National & GlobalMarion$8,216$40,706*—$38,759*0.95
Purdue University GlobalWest Lafayette$10,110$35,086*—$42,443*1.21
National Median—$34,506*—$27,000*0.78
* Estimated from similar programs

Career Paths

Occupations commonly associated with clinical, counseling and applied psychology graduates

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Training and Development Managers

Plan, direct, or coordinate the training and development activities and staff of an organization.

$127,090/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

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:

School Psychologists

Diagnose and implement individual or schoolwide interventions or strategies to address educational, behavioral, or developmental issues that adversely impact educational functioning in a school. May address student learning and behavioral problems and counsel students or families. May design and implement performance plans, and evaluate performance. May consult with other school-based personnel.

$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:

Human Resources Specialists

Recruit, screen, interview, or place individuals within an organization. May perform other activities in multiple human resources areas.

$72,910/yrJobs growth:Bachelor's degree

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree
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 Manchester University, approximately 44% 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 median of 3 similar programs in IN. Actual outcomes may vary.