Median Earnings (1yr)
$29,343
32nd percentile
60th percentile in Georgia
Median Debt
$26,000
2% above national median

Analysis

Spelman's psychology program shows something unusual for the field: strong earnings growth that lifts graduates well above typical outcomes. While the first-year salary of $29,343 sits slightly below the national average, by year four these graduates earn $43,305—37% above what the typical psychology BA commands nationally. Among Georgia's 41 psychology programs, this places Spelman at the 60th percentile, meaningfully above the state median of $28,180.

The $26,000 debt load is right in line with both national and state norms for psychology degrees, making the debt-to-earnings ratio manageable even in that challenging first year. What matters more is where graduates land by year four, when their debt burden represents just 60% of annual earnings. This trajectory suggests Spelman's network and career support are creating opportunities that many psychology programs—particularly at less selective schools—simply don't deliver.

For parents concerned about the practicality of a psychology degree, this program demonstrates that outcomes depend heavily on institutional resources. The 48% earnings jump indicates graduates are moving into professional roles, not remaining stuck in entry-level positions. At a highly selective HBCU with strong corporate and graduate school connections, this psychology degree appears to function more as a liberal arts foundation than a dead-end credential.

Where Spelman College Stands

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

Earnings Distribution

How Spelman College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Spelman College$29,343$43,305+48%
Emory University$32,085$52,842+65%
Oglethorpe University$25,170$49,884+98%
Agnes Scott College$24,277$47,388+95%
University of Georgia$29,874$46,847+57%

Compare to Similar Programs in Georgia

Psychology bachelors's programs at peer institutions in Georgia (41 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spelman CollegeAtlanta$30,058$29,343$43,305$26,0000.89
Brenau UniversityGainesville$33,275$36,497$30,7610.84
Life UniversityMarietta$15,036$34,260$31,0000.90
Emory UniversityAtlanta$60,774$32,085$52,842$20,5000.64
Morehouse CollegeAtlanta$31,725$31,474$26,0000.83
Kennesaw State UniversityKennesaw$5,786$31,450$42,774$26,8690.85
National Median$31,482$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 Spelman College, approximately 29% 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 60 graduates with reported earnings and 83 graduates with debt data. Small samples may not be representative.