Analysis
Shenandoah's psychology program outperforms most similar programs nationally, landing in the 74th percentile for graduate earnings—though the small graduating class means these numbers could shift considerably year to year. While first-year earnings of $34,531 start modestly, they jump 38% by year four to $47,605, a growth trajectory that suggests graduates are finding their footing in careers beyond entry-level positions. Among Virginia's 41 psychology programs, this ranks solidly in the 60th percentile, trailing schools like VMI and William & Mary but still ahead of the state median.
The $26,000 debt load matches both state and national medians, creating a manageable 0.75 debt-to-earnings ratio in year one that improves significantly as salaries climb. For psychology—a field where many graduates pursue graduate education or need time to build specialized skills—this trajectory makes sense. The program appears to position students well for that longer-term career development.
The caveat: with fewer than 30 graduates in the sample, a few outliers could be skewing these results higher or lower than typical. If your child is certain about psychology and comfortable with the earnings reality of the field, this program seems to deliver reasonable outcomes without excessive debt. Just recognize you're looking at a snapshot that might not perfectly predict future results.
Where Shenandoah University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Shenandoah 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 |
|---|---|---|---|
| Shenandoah University | $34,531 | $47,605 | +38% |
| 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 |
|---|---|---|---|---|---|
| $36,028 | $34,531 | $47,605 | $26,000 | 0.75 | |
| $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 Shenandoah University, approximately 19% 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 23 graduates with reported earnings and 55 graduates with debt data. Small samples may not be representative.