Median Earnings (1yr)
$27,403
19th percentile
40th percentile in Kentucky
Median Debt
$27,000
6% above national median

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

Earnings Distribution

How Midway University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Midway University$27,403$37,583+37%
Georgetown College$33,921$43,886+29%
University of Kentucky$28,551$41,186+44%
University of Louisville$30,416$39,677+30%
Spalding University$40,262$39,085-3%

Compare to Similar Programs in Kentucky

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Midway UniversityMidway$26,080$27,403$37,583$27,0000.99
Spalding UniversityLouisville$27,850$40,262$39,085$31,7500.79
University of the CumberlandsWilliamsburg$9,875$36,913$35,801$21,7500.59
Northern Kentucky UniversityHighland Heights$10,896$36,209$35,440$26,0880.72
Georgetown CollegeGeorgetown$42,010$33,921$43,886$27,0000.80
Campbellsville UniversityCampbellsville$26,990$31,478$23,2500.74
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 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.