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
Earnings Distribution
How Murray State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Murray State University | $23,674 | $41,664 | +76% |
| Harvard University | $41,501 | $76,453 | +84% |
| University of Rochester | $39,732 | $68,347 | +72% |
| University of Chicago | $31,986 | $65,966 | +106% |
| Northeastern University | $38,463 | $57,605 | +50% |
Compare to Similar Programs Nationally
Research and Experimental Psychology bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,708 | $23,674 | $41,664 | $20,500 | 0.87 | |
| $67,844 | $56,504 | — | $15,875 | 0.28 | |
| $69,045 | $53,156 | $56,899 | $20,500 | 0.39 | |
| $63,340 | $49,035 | — | $14,507 | 0.30 | |
| $64,700 | $47,874 | — | — | — | |
| $63,478 | $47,376 | — | $13,750 | 0.29 | |
| National Median | — | $34,768 | — | $21,500 | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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.