Median Earnings (1yr)
$34,303
72nd percentile
60th percentile in Virginia
Median Debt
$26,000
2% above national median

Analysis

Old Dominion's psychology program stands out for delivering earnings well above both national and Virginia medians—$34,303 in the first year versus $31,482 nationally and $32,142 statewide. This places it in the 72nd percentile nationally and 60th percentile among Virginia's 41 psychology programs, performing particularly well given ODU's 91% admission rate and accessible price point. The $26,000 median debt sits right at the state average and only slightly above the national median, creating a manageable debt-to-earnings ratio of 0.76. What really distinguishes this program is its trajectory: earnings jump 33% to $45,507 by year four, suggesting graduates find solid career footing as they gain experience.

For an anxious parent, the math works here. Psychology graduates often start modestly, but ODU's alumni are clearing hurdles early and building momentum. You're not getting elite earnings like VMI's $44,163 (which likely reflects that school's unique military-corporate pipeline), but you're comfortably outperforming the state baseline while keeping debt reasonable. The robust sample size means these aren't flukes—this is what actual ODU psychology grads are earning.

This program offers solid value for students seeking an accessible psychology degree with proven earning potential. The combination of above-average starting salaries, manageable debt, and strong four-year growth makes this a sensible choice, particularly for families focused on return on investment rather than prestige.

Where Old Dominion University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Earnings Distribution

How Old Dominion University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Old Dominion University$34,303$45,507+33%
Virginia Military Institute$44,163$60,540+37%
University of Virginia-Main Campus$36,121$60,347+67%
Marymount University$33,277$52,616+58%
University of Richmond$36,309$51,312+41%

Compare to Similar Programs in Virginia

Psychology bachelors's programs at peer institutions in Virginia (41 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Old Dominion UniversityNorfolk$12,262$34,303$45,507$26,0000.76
Virginia Military InstituteLexington$20,484$44,163$60,540$19,2500.44
William & MaryWilliamsburg$25,040$36,818$51,232$19,3790.53
George Mason UniversityFairfax$13,815$36,326$48,517$21,0000.58
University of RichmondUniversity of Richmond$62,600$36,309$51,312$25,5000.70
University of Virginia-Main CampusCharlottesville$20,986$36,121$60,347$19,5000.54
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Old Dominion University, approximately 37% 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 287 graduates with reported earnings and 421 graduates with debt data. Small samples may not be representative.