Analysis
Muskingum's psychology program shows an unusual pattern that should give parents pause, though the small sample size (under 30 graduates) means these numbers could shift significantly year to year. First-year graduates earn $37,636—well above the national median and landing in the 94th percentile nationally—but those same students see their earnings drop to $34,807 by year four. That 7% decline is concerning and runs counter to the typical career trajectory where earnings should grow as workers gain experience.
The debt picture, at $27,625, is manageable relative to first-year earnings (0.73 ratio), though notably higher than both state and national medians. Among Ohio's 74 psychology programs, Muskingum lands solidly at the 60th percentile—respectable but not exceptional. Programs like Kenyon and John Carroll consistently produce graduates earning $2,000-3,000 more annually. The bigger question is what happens after that strong initial placement: are graduates switching careers, underemployed, or facing a ceiling in their chosen field?
With 41% of students receiving Pell grants, many families here are making significant financial sacrifices. The small sample means one or two outlier careers could be skewing these results dramatically. If you're considering this program, ask the career center about job placement patterns and why earnings might decline—that's the detail that matters most here, and it's impossible to assess from these numbers alone.
Where Muskingum University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Muskingum 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 |
|---|---|---|---|
| Muskingum University | $37,636 | $34,807 | -8% |
| University of Dayton | $32,953 | $50,757 | +54% |
| Miami University-Middletown | $36,190 | $46,978 | +30% |
| Miami University-Hamilton | $36,190 | $46,978 | +30% |
| Miami University-Oxford | $36,190 | $46,978 | +30% |
Compare to Similar Programs in Ohio
Psychology bachelors's programs at peer institutions in Ohio (74 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $31,440 | $37,636 | $34,807 | $27,625 | 0.73 | |
| $69,330 | $39,203 | $42,073 | $19,000 | 0.48 | |
| $49,100 | $36,602 | $43,225 | $27,000 | 0.74 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $17,809 | $36,190 | $46,978 | $24,094 | 0.67 | |
| 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 Muskingum University, approximately 41% 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 30 graduates with debt data. Small samples may not be representative.