Analysis
Southwestern's psychology program lands right in the middle of the pack—40th percentile among Texas schools—but that middle ground means graduates earn substantially less than peers at stronger programs in the state. First-year earnings of $30,373 trail the top Texas programs by $10,000 to $15,000 annually, a meaningful gap when you're carrying $26,000 in debt. While the debt-to-earnings ratio of 0.86 isn't disastrous, it's not particularly strong either, especially for a selective liberal arts college with a 39% admission rate and solid SAT scores.
The small sample size here matters. With fewer than 30 graduates in the data, one or two students with unusually high or low outcomes can skew the numbers significantly. That said, the pattern isn't encouraging: earnings barely match the national and state medians despite Southwestern's competitive admissions profile. Psychology majors at similar private universities in Texas are seeing substantially better outcomes.
If your child is set on psychology and drawn to Southwestern's small-college environment, understand they'll likely need a plan beyond the bachelor's degree—whether that's graduate school, strategic internships, or a complementary minor—to justify the investment. The debt load is manageable, but the earnings don't give much breathing room for repayment while building a career.
Where Southwestern University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Southwestern University graduates compare to all programs nationally
Compare to Similar Programs in Texas
Psychology bachelors's programs at peer institutions in Texas (72 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,058 | $30,373 | — | $26,000 | 0.86 | |
| $10,904 | $46,009 | $50,137 | $21,731 | 0.47 | |
| $57,220 | $42,108 | $48,796 | $23,412 | 0.56 | |
| $58,128 | $41,299 | $57,256 | $12,505 | 0.30 | |
| $64,460 | $38,115 | $52,450 | $23,310 | 0.61 | |
| $33,660 | $37,572 | — | $21,468 | 0.57 | |
| 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 Southwestern University, approximately 23% 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 22 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.