Median Earnings (1yr)
$40,262
95th percentile
80th percentile in Kentucky
Median Debt
$31,750
25% above national median

Analysis

Spalding's psychology graduates start at $40,262β€”nearly $10,000 above the typical Kentucky psychology grad and $9,000 above the national median. This places them in the 95th percentile nationally and 80th percentile statewide, outearning even larger state universities like Louisville and Northern Kentucky. For a program with a 99% admission rate, these outcomes are genuinely impressive.

The debt load of $31,750 is higher than both state and national medians, but the 0.79 debt-to-earnings ratio remains manageable. Graduates earn enough in their first year to justify the borrowing, which isn't always true for psychology programs. The slight earnings dip by year four (down 3% to $39,085) is worth noting, though this could reflect career transitions common in the field rather than a fundamental problem.

The major caveat: these results come from fewer than 30 graduates, so individual circumstances can heavily skew the numbers. That said, even with this limitation, Spalding's psychology program appears to deliver stronger-than-expected early career outcomes for students who might not gain admission to more selective schools. If your child is considering psychology in Kentucky and needs an accessible program, this data suggests Spalding punches above its weightβ€”just don't assume these exact numbers will hold for every future graduate.

Where Spalding University Stands

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

Earnings Distribution

How Spalding University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Spalding University$40,262$39,085-3%
Georgetown College$33,921$43,886+29%
University of Kentucky$28,551$41,186+44%
University of Louisville$30,416$39,677+30%
Midway University$27,403$37,583+37%

Compare to Similar Programs in Kentucky

Psychology bachelors's programs at peer institutions in Kentucky (24 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spalding UniversityLouisville$27,850$40,262$39,085$31,7500.79
University of the CumberlandsWilliamsburg$9,875$36,913$35,801$21,7500.59
Northern Kentucky UniversityHighland Heights$10,896$36,209$35,440$26,0880.72
Georgetown CollegeGeorgetown$42,010$33,921$43,886$27,0000.80
Campbellsville UniversityCampbellsville$26,990$31,478β€”$23,2500.74
University of LouisvilleLouisville$12,828$30,416$39,677$23,5000.77
National Medianβ€”$31,482β€”$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 Spalding University, approximately 36% 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 37 graduates with debt data. Small samples may not be representative.