Analysis
Psychology programs in Ohio show wide variation in debt loads, with the state median at $35,173—significantly higher than the national benchmark of $16,472. Walsh's estimated $26,000 falls between these figures, which is actually favorable for Ohio graduates, though it still represents a meaningful financial commitment. Based on comparable psychology bachelor's programs nationally, first-year earnings around $36,890 would produce a debt-to-earnings ratio of 0.70—manageable but requiring careful budgeting in those early career years.
The fundamental challenge with psychology bachelor's programs isn't specific to Walsh: these degrees rarely lead directly to high-paying positions without graduate education. The $36,890 estimated starting salary reflects what peer programs typically produce, placing graduates in entry-level human services, research assistant, or business roles rather than clinical psychology positions that require advanced degrees. For families expecting their graduate to immediately work as a therapist or counselor, this represents a disconnect worth addressing now.
Given Walsh's 78% admission rate and the uncertainty around these specific estimates, the key question becomes whether this program serves as a stepping stone to graduate school or a terminal degree. If your student plans to pursue a master's or doctorate, the $26,000 undergraduate debt is a reasonable foundation. If they plan to enter the workforce immediately with just the bachelor's, understand that career advancement and salary growth will likely require either additional credentials or pivoting into adjacent fields like HR or social services.
Where Walsh University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Compare to Similar Programs Nationally
Psychology bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,595 | $36,890* | — | $26,000* | — | |
| $15,265 | $47,672* | — | $18,200* | 0.38 | |
| $46,140 | $47,348* | $60,881 | $26,000* | 0.55 | |
| $65,997 | $36,890* | $59,494 | $11,630* | 0.32 | |
| $15,247 | $31,345* | $53,727 | $14,745* | 0.47 | |
| $33,860 | $29,234* | $35,005 | —* | — | |
| National Median | — | $36,890* | — | $16,472* | 0.45 |
Career Paths
Occupations commonly associated with psychology graduates
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 Walsh University, approximately 23% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 5 similar programs. Actual outcomes may vary.