Analysis
UVA's psychology program turns in surprisingly strong numbers despite psychology's reputation as a financially risky major. Starting salaries of $36,121 exceed both state and national medians by about $4,000, placing graduates in the 84th percentile nationally. More importantly, earnings jump 67% to over $60,000 by year fourβa trajectory that suggests graduates are successfully leveraging UVA's prestigious network and the program's research foundation into professional opportunities, whether in graduate school, consulting, or related fields.
The debt picture reinforces the value here. At $19,500, it's roughly $6,000 below typical psychology program debt and creates a debt-to-earnings ratio of just 0.54βmeaning graduates owe about half their starting salary. Among Virginia's 41 psychology programs, UVA lands solidly in the upper tier at the 60th percentile, though it trails specialized institutions like VMI and William & Mary by several thousand dollars in starting pay. Given UVA's 17% admission rate and access to a powerful alumni network, however, those initial salary differences likely narrow as careers progress.
For families who can manage the modest debt load, this represents one of the better psychology outcomes available. The combination of below-average borrowing and above-average earning potential creates genuine runway for graduates to pursue graduate programs or establish careers without the financial strain typical of this major.
Where University of Virginia-Main Campus Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Virginia-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 Virginia-Main Campus | $36,121 | $60,347 | +67% |
| Virginia Military Institute | $44,163 | $60,540 | +37% |
| Marymount University | $33,277 | $52,616 | +58% |
| University of Richmond | $36,309 | $51,312 | +41% |
| 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)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $20,986 | $36,121 | $60,347 | $19,500 | 0.54 | |
| $20,484 | $44,163 | $60,540 | $19,250 | 0.44 | |
| $25,040 | $36,818 | $51,232 | $19,379 | 0.53 | |
| $13,815 | $36,326 | $48,517 | $21,000 | 0.58 | |
| $62,600 | $36,309 | $51,312 | $25,500 | 0.70 | |
| $48,002 | $35,967 | $45,649 | $27,000 | 0.75 | |
| 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 Virginia-Main Campus, approximately 14% 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 93 graduates with reported earnings and 121 graduates with debt data. Small samples may not be representative.