Median Earnings (1yr)
$27,785
21st percentile (40th in GA)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.97
Manageable
Sample Size
46
Adequate data

Analysis

Mercer's psychology program produces graduates who start at $27,785—roughly $3,700 below the national median and slightly below Georgia's typical psychology graduate. While that lands the program in the 40th percentile within Georgia, it trails significantly behind competitors like Brenau ($36,497) and Life University ($34,260), suggesting students might find better returns elsewhere in-state without necessarily moving up in selectivity.

The $27,000 debt load matches Georgia's state median and sits slightly above national norms, creating a nearly 1:1 debt-to-earnings ratio in year one. That's not catastrophic—graduates should be able to manage payments—but the initial financial squeeze is tighter than at many peer programs. The encouraging sign is the 51% earnings jump to $41,985 by year four, which substantially improves the financial picture and suggests graduates successfully transition into better-paying roles.

For families weighing this option, understand that you're paying private university tuition for outcomes that rank in the middle of Georgia's psychology programs. If your child is set on Mercer for campus culture or other programs, psychology is viable but not a standout. If maximizing return on a psychology degree is the priority, exploring state schools or the higher-performing private options might make more financial sense.

Where Mercer University Stands

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

Mercer UniversityOther psychology programs

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 Mercer University graduates compare to all programs nationally

Mercer University graduates earn $28k, placing them in the 21th 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 Georgia

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Mercer University$27,785$41,985$27,0000.97
Brenau University$36,497—$30,7610.84
Life University$34,260—$31,0000.90
Emory University$32,085$52,842$20,5000.64
Morehouse College$31,474—$26,0000.83
Kennesaw State University$31,450$42,774$26,8690.85
National Median$31,482—$25,5000.81

Other Psychology Programs in Georgia

Compare tuition, earnings, and debt across Georgia schools

SchoolIn-State TuitionEarnings (1yr)Debt
Brenau University
Gainesville
$33,275$36,497$30,761
Life University
Marietta
$15,036$34,260$31,000
Emory University
Atlanta
$60,774$32,085$20,500
Morehouse College
Atlanta
$31,725$31,474$26,000
Kennesaw State University
Kennesaw
$5,786$31,450$26,869

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 Mercer University, approximately 33% 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 46 graduates with reported earnings and 85 graduates with debt data. Small samples may not be representative.