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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,262 | $34,303 | $45,507 | $26,000 | 0.76 | |
| $20,484 | $44,163 | $60,540 | $19,250 | 0.44 | |
| $25,040 | $36,818 | $51,232 | $19,379 | 0.53 | |
| $13,815 | $36,326 | $48,517 | $21,000 | 0.58 | |
| $62,600 | $36,309 | $51,312 | $25,500 | 0.70 | |
| $20,986 | $36,121 | $60,347 | $19,500 | 0.54 | |
| 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 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.