Median Earnings (1yr)
$29,343
32nd percentile (60th in GA)
Median Debt
$26,000
2% above national median
Debt-to-Earnings
0.89
Manageable
Sample Size
60
Adequate data

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

Spelman CollegeOther 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 Spelman College graduates compare to all programs nationally

Spelman College graduates earn $29k, placing them in the 32th 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 Georgia

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spelman College$29,343$43,305$26,0000.89
Brenau University$36,497—$30,7610.84
Life University$34,260—$31,0000.90
Emory University$32,085$52,842$20,5000.64
Morehouse College$31,474—$26,0000.83
Kennesaw State University$31,450$42,774$26,8690.85
National Median$31,482—$25,5000.81

Other Psychology Programs in Georgia

Compare tuition, earnings, and debt across Georgia schools

SchoolIn-State TuitionEarnings (1yr)Debt
Brenau University
Gainesville
$33,275$36,497$30,761
Life University
Marietta
$15,036$34,260$31,000
Emory University
Atlanta
$60,774$32,085$20,500
Morehouse College
Atlanta
$31,725$31,474$26,000
Kennesaw State University
Kennesaw
$5,786$31,450$26,869

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.