Median Earnings (1yr)
$29,046
30th percentile
60th percentile in Louisiana
Median Debt
$25,750
1% above national median

Analysis

ULM's psychology program outperforms 60% of Louisiana programs while keeping debt manageableβ€”a meaningful achievement given the state's typically lower outcomes for this degree. With graduates earning $37,310 by year four, this represents 29% growth and positions the program competitively within Louisiana, even as it trails the national median by about $6,000 initially.

The debt picture looks reasonable at $25,750, roughly matching both state and national averages with a debt-to-earnings ratio under 1.0. That first-year salary of $29,046 is admittedly tight, but the trajectory matters here: graduates see substantial income growth through their mid-twenties, suggesting the degree opens doors that take a few years to walk through. This pattern is typical for psychology majors, many of whom need additional credentials or experience to advance.

For Louisiana families, particularly those staying in-state for work, this program delivers competitive value. It beats most in-state alternatives while maintaining accessibility (33% of students receive Pell grants). If your child is committed to psychology and planning graduate school eventually, ULM provides a solid foundation without crushing debt. Just ensure they understand that entry-level psychology salaries require careful budgeting initially, even as earnings improve with time.

Where University of Louisiana at Monroe Stands

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

Earnings Distribution

How University of Louisiana at Monroe graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Louisiana at Monroe$29,046$37,310+28%
Tulane University of Louisiana$31,585$54,708+73%
Louisiana State University and Agricultural & Mechanical College$23,859$46,979+97%
Louisiana State University-Shreveport$28,863$42,037+46%
Loyola University New Orleans$24,241$41,980+73%

Compare to Similar Programs in Louisiana

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

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Louisiana at MonroeMonroe$9,190$29,046$37,310$25,7500.89
Dillard UniversityNew Orleans$22,194$33,143$29,752$35,0001.06
Northwestern State University of LouisianaNatchitoches$8,864$32,765$37,798$26,9590.82
Tulane University of LouisianaNew Orleans$65,538$31,585$54,708$22,2500.70
Southern University Law CenterBaton Rougeβ€”$31,165β€”β€”β€”
Southern University and A & M CollegeBaton Rouge$9,940$31,165$33,765$35,0001.12
National Medianβ€”$31,482β€”$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 University of Louisiana at Monroe, approximately 33% 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 135 graduates with reported earnings and 213 graduates with debt data. Small samples may not be representative.