Analysis
ULM's psychology program outperforms 60% of Louisiana programs while keeping debt manageableβa 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,190 | $29,046 | $37,310 | $25,750 | 0.89 | |
| $22,194 | $33,143 | $29,752 | $35,000 | 1.06 | |
| $8,864 | $32,765 | $37,798 | $26,959 | 0.82 | |
| $65,538 | $31,585 | $54,708 | $22,250 | 0.70 | |
| β | $31,165 | β | β | β | |
| $9,940 | $31,165 | $33,765 | $35,000 | 1.12 | |
| National Median | β | $31,482 | β | $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 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.