Median Earnings (1yr)
$21,799
5th percentile (40th in MS)
Median Debt
$32,693
28% above national median
Debt-to-Earnings
1.50
Elevated
Sample Size
35
Adequate data

Analysis

William Carey's psychology program places graduates at a significant disadvantage compared to national standards, with first-year earnings of $21,799 landing in just the 5th percentile nationally. That means 95% of psychology programs nationwide produce better earning outcomes. The $32,693 in median debt amplifies this challenge—graduates owe 1.5 times what they'll earn in their first year, compared to the national program standard of roughly 0.8 times first-year earnings.

The Mississippi context offers little comfort. While this program ranks at the 40th percentile statewide—technically middle-of-the-pack—Mississippi's top public universities demonstrate what's possible even within the state: Ole Miss psychology grads earn $30,336 their first year, nearly 40% more. The $6,000+ earnings gap between William Carey and Mississippi State or Southern Miss makes a real difference when you're carrying over $32,000 in debt on a $22,000 salary.

The 19% earnings growth to $26,038 by year four helps but doesn't solve the fundamental problem. At that trajectory, graduates won't reach the national median first-year earnings ($31,482) until well into their careers. For families considering this program, the comparison to Mississippi's flagship universities is telling: similar in-state tuition costs, dramatically different outcomes. Unless there are compelling personal reasons to attend William Carey specifically, the state's public options offer substantially better value for psychology students.

Where William Carey University Stands

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

William Carey UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How William Carey University graduates compare to all programs nationally

William Carey University graduates earn $22k, placing them in the 5th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Mississippi

Psychology bachelors's programs at peer institutions in Mississippi (13 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
William Carey University$21,799$26,038$32,6931.50
University of Mississippi$30,336$44,740$24,6000.81
University of Southern Mississippi$28,130$32,661$22,6850.81
Mississippi State University$27,416$37,133$25,4800.93
Blue Mountain Christian University$26,257—$25,2500.96
Jackson State University$24,757$34,357$31,0001.25
National Median$31,482—$25,5000.81

Other Psychology Programs in Mississippi

Compare tuition, earnings, and debt across Mississippi schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Mississippi
University
$9,412$30,336$24,600
University of Southern Mississippi
Hattiesburg
$9,618$28,130$22,685
Mississippi State University
Mississippi State
$9,815$27,416$25,480
Blue Mountain Christian University
Blue Mountain
$19,280$26,257$25,250
Jackson State University
Jackson
$9,090$24,757$31,000

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 William Carey University, approximately 25% 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 35 graduates with reported earnings and 67 graduates with debt data. Small samples may not be representative.