Median Earnings (1yr)
$36,309
86th percentile
60th percentile in Virginia
Median Debt
$25,500
At national median

Analysis

University of Richmond psychology graduates start modestly at $36,309 but see robust 41% earnings growth by year four, reaching $51,312—a trajectory that outpaces 86% of psychology programs nationally. While the first-year salary lands at the 60th percentile among Virginia's 41 psychology programs, it's the momentum that tells the real story here. Richmond beats the state median by $4,000 initially and pulls further ahead over time, though it still trails the top Virginia programs like VMI and William & Mary.

The $25,500 median debt sits right at the national average for psychology programs, creating a debt-to-earnings ratio of 0.70 that's quite manageable. That's roughly seven months of first-year salary—reasonable given how much graduates' earning power increases. The small sample size (under 30 graduates) means individual outcomes could vary more than at larger programs, but the pattern suggests Richmond's liberal arts environment and alumni network help psychology graduates build careers that grow substantially beyond entry-level positions.

For parents weighing Richmond's selective admissions (23% acceptance rate) and private school costs, this data suggests psychology majors here achieve better-than-average outcomes despite not immediately landing at the top of Virginia's range. The strong earnings progression matters more than the starting point for a field where many graduates pursue graduate school or career pivots in their mid-twenties.

Where University of Richmond Stands

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

Earnings Distribution

How University of Richmond 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 Richmond$36,309$51,312+41%
Virginia Military Institute$44,163$60,540+37%
University of Virginia-Main Campus$36,121$60,347+67%
Marymount University$33,277$52,616+58%
William & Mary$36,818$51,232+39%

Compare to Similar Programs in Virginia

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of RichmondUniversity of Richmond$62,600$36,309$51,312$25,5000.70
Virginia Military InstituteLexington$20,484$44,163$60,540$19,2500.44
William & MaryWilliamsburg$25,040$36,818$51,232$19,3790.53
George Mason UniversityFairfax$13,815$36,326$48,517$21,0000.58
University of Virginia-Main CampusCharlottesville$20,986$36,121$60,347$19,5000.54
Randolph-Macon CollegeAshland$48,002$35,967$45,649$27,0000.75
National Median$31,482$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 Richmond, approximately 18% 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 25 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.