Median Earnings (1yr)
$27,403
19th percentile (40th in KY)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.99
Manageable
Sample Size
24
Limited data

Analysis

Midway's psychology program starts graduates at $27,403—about $4,400 below Kentucky's median and in the bottom fifth nationally. While that's concerning, the real story here is trajectory: earnings jump 37% by year four, reaching $37,583, which actually surpasses several Kentucky competitors. The debt load of $27,000 is reasonable and sits below the 25th percentile nationally, meaning most psychology programs saddle graduates with more.

The challenge for anxious parents is that first year. Your graduate may need family support or a side income stream while building their career, as $27,403 in Kentucky won't leave much breathing room. However, the strong earnings growth suggests graduates are finding their footing—perhaps moving into social services, HR, or continuing to graduate programs where psychology majors often thrive. At 40th percentile in Kentucky, this program lands solidly middle-of-the-pack statewide, though it trails schools like Spalding and Northern Kentucky by meaningful margins.

The small sample size (under 30 graduates) means one or two outliers could skew these numbers in either direction. That said, the debt-to-earnings ratio near 1.0 in year one improves dramatically as earnings grow, making this manageable if your student can weather those lean early years and has a plan for leveraging the degree beyond entry-level work.

Where Midway University Stands

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

Midway 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 Midway University graduates compare to all programs nationally

Midway University graduates earn $27k, placing them in the 19th 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 Kentucky

Psychology bachelors's programs at peer institutions in Kentucky (24 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Midway University$27,403$37,583$27,0000.99
Spalding University$40,262$39,085$31,7500.79
University of the Cumberlands$36,913$35,801$21,7500.59
Northern Kentucky University$36,209$35,440$26,0880.72
Georgetown College$33,921$43,886$27,0000.80
Campbellsville University$31,478—$23,2500.74
National Median$31,482—$25,5000.81

Other Psychology Programs in Kentucky

Compare tuition, earnings, and debt across Kentucky schools

SchoolIn-State TuitionEarnings (1yr)Debt
Spalding University
Louisville
$27,850$40,262$31,750
University of the Cumberlands
Williamsburg
$9,875$36,913$21,750
Northern Kentucky University
Highland Heights
$10,896$36,209$26,088
Georgetown College
Georgetown
$42,010$33,921$27,000
Campbellsville University
Campbellsville
$26,990$31,478$23,250

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 Midway University, approximately 46% 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 24 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.