Analysis
Morehouse's psychology program sits right at the national median for earnings, but performs notably better within Georgia—ranking in the 60th percentile among 41 state programs. First-year graduates earn about $3,300 more than the typical Georgia psychology grad, though they trail higher performers like Brenau and Life University by $3,000-$5,000. The $26,000 debt load is essentially average, translating to monthly payments around $290 on a standard plan—manageable but meaningful on a $31,474 salary.
The 0.83 debt-to-earnings ratio falls in a reasonable range for psychology, a field where many students pursue graduate education to unlock higher earnings. Morehouse's particular strength lies in serving first-generation college students (44% receive Pell grants), and families should weigh the value of the HBCU network and student support systems that often help graduates navigate career transitions. Still, parents should know that psychology bachelor's degrees rarely lead to high immediate earnings regardless of school, and career advancement typically requires additional credentials.
The small sample size here—fewer than 30 graduates—means individual outcomes could vary considerably from these medians. For families committed to Morehouse's mission and community, these numbers suggest the program delivers solid, if not exceptional, financial outcomes compared to state alternatives. Just ensure your student has a clear plan for either immediate employment or graduate school, since psychology careers typically require one or the other to reach sustainable income levels.
Where Morehouse College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Morehouse College graduates compare to all programs nationally
Compare to Similar Programs in Georgia
Psychology bachelors's programs at peer institutions in Georgia (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $31,725 | $31,474 | — | $26,000 | 0.83 | |
| $33,275 | $36,497 | — | $30,761 | 0.84 | |
| $15,036 | $34,260 | — | $31,000 | 0.90 | |
| $60,774 | $32,085 | $52,842 | $20,500 | 0.64 | |
| $5,786 | $31,450 | $42,774 | $26,869 | 0.85 | |
| $3,283 | $30,688 | $36,387 | $18,061 | 0.59 | |
| 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 Morehouse College, 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.
Sample Size: Based on 22 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.