Psychology at Taylor University

Taylor University's psychology program shows modest early earnings but dramatic income growth that deserves attention, though the small graduate sample means these numbers could shift considerably year to year. At $30,311 in year one, graduates start slightly below both the Indiana median ($33,132) and national average—landing at the 40th percentile in both comparisons. However, by year four, earnings jump 77% to $53,764, which significantly outpaces typical psychology graduate trajectories.

The debt picture offers some relief: $22,750 is lower than both state and national medians, creating a manageable 0.75 debt-to-earnings ratio. This means graduates carry less than a year's starting salary in debt, which provides breathing room during those lower-earning early years. The steeper-than-usual earnings curve suggests Taylor graduates may be entering fields or pursuing additional credentials that pay off over time, though with fewer than 30 graduates in this cohort, individual career choices could be skewing these results more than they would at a larger program.

If your child is considering Taylor's psychology program, the low debt is genuinely helpful, but prepare for potentially tight finances in the first few years after graduation. The earnings trajectory looks promising, but verify it aligns with your child's actual post-graduation plans—graduate school, ministry work, or counseling paths could all produce very different financial outcomes than these averages suggest.