Research and Experimental Psychology at Murray State University
Bachelor's Degree
Analysis
Murray State's experimental psychology program starts graduates at just $23,674—landing in the bottom 5% nationally—but the story shifts dramatically by year four, when median earnings jump to $41,664. That 76% increase suggests graduates either pursue additional credentials or develop specialized skills that significantly boost their marketability. While the first-year figure trails the national median by $11,000, the four-year earnings actually exceed what most psychology programs deliver initially.
Within Kentucky, this program performs surprisingly well, ranking in the 60th percentile for the state despite the low national standing. The debt load of $20,500 is manageable and actually below Kentucky's median for this field, giving graduates some breathing room during those challenging first years. The question for families: can your student handle a year or two of near-poverty wages while building toward better opportunities?
The trajectory here is genuinely promising—few programs show this kind of upward momentum. But that first year is financially brutal, and there's no guarantee every graduate follows the median path to higher earnings. If your child can lean on family support or has minimal living expenses early on, this could work out well. Without that cushion, those initial months might prove overwhelming regardless of what comes later.
Where Murray State University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
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 Murray State University graduates compare to all programs nationally
Murray State University graduates earn $24k, placing them in the 5th percentile of all research and experimental 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
Research and Experimental Psychology bachelors's programs at peer institutions in Kentucky (4 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Murray State University | $23,674 | $41,664 | $20,500 | 0.87 |
| National Median | $34,768 | — | $21,500 | 0.62 |
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 Murray State University, approximately 31% 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 31 graduates with reported earnings and 55 graduates with debt data. Small samples may not be representative.