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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $63,946 | $36,716 | $54,652 | $11,209 | 0.31 | |
| $54,892 | $37,563 | $53,414 | $24,589 | 0.65 | |
| $29,790 | $37,019 | — | $21,375 | 0.58 | |
| $53,698 | $35,379 | $45,835 | $17,148 | 0.48 | |
| $9,506 | $32,433 | $35,287 | $22,000 | 0.68 | |
| $10,344 | $31,582 | $38,074 | $27,000 | 0.85 | |
| National Median | — | $31,482 | — | $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 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.