Median Earnings (1yr)
$36,716
88th percentile
80th percentile in Tennessee
Median Debt
$11,209
56% below national median

Analysis

Vanderbilt's psychology program ranks among the elite performers in Tennessee—80th percentile statewide and 88th nationally—but the real story is the remarkably low debt burden. At just $11,209, graduates carry less than half the national median ($25,500) and roughly $14,000 less than typical Tennessee psychology students. That 0.31 debt-to-earnings ratio means graduates can pay off their loans in roughly four months of their first-year salary, a financial position most psychology majors can only dream about.

The earnings trajectory looks strong too. Starting at $36,716 puts Vanderbilt graduates ahead of Rhodes College and nearly matches Trevecca Nazarene, while the 49% jump to $54,652 by year four suggests these students are moving into positions beyond entry-level social services roles. Within Tennessee's psychology landscape, only Rhodes posts slightly higher first-year earnings, yet Vanderbilt students achieve comparable outcomes with far less debt.

The major caveat: this data comes from fewer than 30 graduates, so individual career choices could swing these numbers significantly. Still, the combination of elite institutional resources, minimal debt, and strong placement relative to both state and national benchmarks makes this an appealing option for students serious about psychology—especially compared to programs that saddle graduates with $25,000+ in debt for lower earnings potential. The low debt alone provides crucial flexibility for graduate school or nonprofit work.

Where Vanderbilt University Stands

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

Earnings Distribution

How Vanderbilt University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Vanderbilt University$36,716$54,652+49%
Rhodes College$37,563$53,414+42%
The University of the South$35,379$45,835+30%
The University of Tennessee-Chattanooga$30,984$39,041+26%
Tennessee State University$30,735$38,799+26%

Compare to Similar Programs in Tennessee

Psychology bachelors's programs at peer institutions in Tennessee (34 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Vanderbilt UniversityNashville$63,946$36,716$54,652$11,2090.31
Rhodes CollegeMemphis$54,892$37,563$53,414$24,5890.65
Trevecca Nazarene UniversityNashville$29,790$37,019$21,3750.58
The University of the SouthSewanee$53,698$35,379$45,835$17,1480.48
Middle Tennessee State UniversityMurfreesboro$9,506$32,433$35,287$22,0000.68
University of MemphisMemphis$10,344$31,582$38,074$27,0000.85
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 Vanderbilt University, approximately 19% 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 24 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.