Analysis
The University of Akron's psychology program delivers exactly average results—graduates earn slightly below both national and state medians initially ($30,456 versus $31,482 nationally), placing the program near the 40th percentile among Ohio's 74 psychology programs. The positive surprise here is debt: at $27,000, it's actually lower than typical for psychology degrees, and the 0.89 debt-to-earnings ratio means graduates owe less than a year's salary, which is manageable territory.
The bigger question is whether your child plans to stop at a bachelor's degree. Psychology typically requires graduate education for career advancement, and these earnings reflect that reality—$30,456 right out of college won't go far in covering living expenses while applying to graduate programs. The 25% earnings growth to $38,018 by year four suggests some students find their footing in related fields (HR, social services, case management), but that's still modest compensation. Compare this to top-performing Ohio programs like Kenyon ($39,203) or John Carroll ($36,602), which demonstrate that institutional factors matter even within the same major.
If graduate school is the plan, Akron's lower debt load is actually a strategic advantage—you're not overpaying for the stepping stone. But if the expectation is that a bachelor's alone will lead to financial independence, these numbers should temper those hopes. For families seeking an affordable path to a psychology career that includes graduate study, this works. For those hoping the bachelor's is the endpoint, reconsider the major or the career timeline.
Where University of Akron Main Campus Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Akron Main Campus graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Akron Main Campus | $30,456 | $38,018 | +25% |
| University of Dayton | $32,953 | $50,757 | +54% |
| Miami University-Middletown | $36,190 | $46,978 | +30% |
| Miami University-Hamilton | $36,190 | $46,978 | +30% |
| Miami University-Oxford | $36,190 | $46,978 | +30% |
Compare to Similar Programs in Ohio
Psychology bachelors's programs at peer institutions in Ohio (74 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,799 | $30,456 | $38,018 | $27,000 | 0.89 | |
| $69,330 | $39,203 | $42,073 | $19,000 | 0.48 | |
| $31,440 | $37,636 | $34,807 | $27,625 | 0.73 | |
| $49,100 | $36,602 | $43,225 | $27,000 | 0.74 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 University of Akron Main Campus, 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 103 graduates with reported earnings and 146 graduates with debt data. Small samples may not be representative.