Analysis
Nicholls State's psychology program starts rough but shows something uncommon: genuine earnings growth. That first-year figure of $24,055 ranks in just the 5th percentile nationally, but by year four, graduates reach $37,492—a 56% jump that suggests many find their footing in careers that require time to break into. Still, that initial year means graduates face nearly dollar-for-dollar debt ($23,250) against earnings, making the early period financially tight.
The Louisiana context matters here. While this program trails the state's top performers by $8,000-$9,000 in early earnings, it sits at the 40th percentile among Louisiana psychology programs—solidly middle-of-the-pack for a state where psychology graduates generally earn below the national average. The debt load is actually slightly lower than Louisiana's median for this degree, and the 96% admission rate means access isn't a barrier.
The real question is whether your child can weather that difficult first year. Psychology graduates often need graduate school or time to transition into higher-paying adjacent fields, and this program's trajectory suggests many do exactly that. If your family can provide financial support during the initial lean period—or your child is committed to pursuing a career path that values the degree—the later earnings growth makes this workable. But if they're taking on this debt solo and need immediate income, the early numbers present genuine hardship.
Where Nicholls State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Nicholls 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 |
|---|---|---|---|
| Nicholls State University | $24,055 | $37,492 | +56% |
| Tulane University of Louisiana | $31,585 | $54,708 | +73% |
| Louisiana State University and Agricultural & Mechanical College | $23,859 | $46,979 | +97% |
| Louisiana State University-Shreveport | $28,863 | $42,037 | +46% |
| Loyola University New Orleans | $24,241 | $41,980 | +73% |
Compare to Similar Programs in Louisiana
Psychology bachelors's programs at peer institutions in Louisiana (24 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,173 | $24,055 | $37,492 | $23,250 | 0.97 | |
| $22,194 | $33,143 | $29,752 | $35,000 | 1.06 | |
| $8,864 | $32,765 | $37,798 | $26,959 | 0.82 | |
| $65,538 | $31,585 | $54,708 | $22,250 | 0.70 | |
| — | $31,165 | — | — | — | |
| $9,940 | $31,165 | $33,765 | $35,000 | 1.12 | |
| 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 Nicholls State University, approximately 35% 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 35 graduates with reported earnings and 63 graduates with debt data. Small samples may not be representative.