Median Earnings (1yr)
$40,262
95th percentile (80th in KY)
Median Debt
$31,750
25% above national median
Debt-to-Earnings
0.79
Manageable
Sample Size
22
Limited data

Analysis

Spalding's psychology graduates start at $40,262—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 weight—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

Spalding UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Spalding University graduates compare to all programs nationally

Spalding University graduates earn $40k, placing them in the 95th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Kentucky

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spalding University$40,262$39,085$31,7500.79
University of the Cumberlands$36,913$35,801$21,7500.59
Northern Kentucky University$36,209$35,440$26,0880.72
Georgetown College$33,921$43,886$27,0000.80
Campbellsville University$31,478—$23,2500.74
University of Louisville$30,416$39,677$23,5000.77
National Median$31,482—$25,5000.81

Other Psychology Programs in Kentucky

Compare tuition, earnings, and debt across Kentucky schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of the Cumberlands
Williamsburg
$9,875$36,913$21,750
Northern Kentucky University
Highland Heights
$10,896$36,209$26,088
Georgetown College
Georgetown
$42,010$33,921$27,000
Campbellsville University
Campbellsville
$26,990$31,478$23,250
University of Louisville
Louisville
$12,828$30,416$23,500

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.