Analysis
Virginia Wesleyan's psychology bachelor's comes with a relatively manageable debt load of $27,000—lower than three-quarters of psychology programs nationally—but generates below-average earnings for Virginia. At $31,123 in the first year, graduates earn about $1,000 less than the state median for psychology majors and land in just the 40th percentile among Virginia's 41 psychology programs. For context, Virginia's top public universities produce psychology graduates earning $36,000+, while even mid-tier state programs typically exceed $32,000.
The modest 8% earnings growth to $33,555 by year four suggests this program doesn't open doors to rapid career advancement. The debt-to-earnings ratio of 0.87 isn't catastrophic—you're looking at monthly loan payments around $300 on a $31,000 salary—but it means nearly a year's worth of income goes toward student debt. Given that psychology bachelor's degrees often require graduate school for career progression, starting with $27,000 in debt may limit future educational options.
Important caveat: this data reflects fewer than 30 graduates, so individual outcomes could vary significantly. If your child is committed to psychology and values small-school attention, this won't bury them financially. But if maximizing early earnings matters, Virginia's public universities deliver notably better returns at potentially lower in-state costs.
Where Virginia Wesleyan University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Virginia Wesleyan 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 |
|---|---|---|---|
| Virginia Wesleyan University | $31,123 | $33,555 | +8% |
| 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% |
| University of Richmond | $36,309 | $51,312 | +41% |
Compare to Similar Programs in Virginia
Psychology bachelors's programs at peer institutions in Virginia (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $36,960 | $31,123 | $33,555 | $27,000 | 0.87 | |
| $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 | |
| $20,986 | $36,121 | $60,347 | $19,500 | 0.54 | |
| 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 Virginia Wesleyan University, approximately 26% 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 26 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.