Psychology at William Peace University
Bachelor's Degree
Analysis
William Peace's psychology graduates start at $28,202—below both the national and North Carolina medians—but the program's 33% earnings growth over four years brings alumni closer to competitive territory. While early earnings sit in just the 23rd percentile nationally, the program performs near the middle of the pack within North Carolina (40th percentile), suggesting it's not an outlier in a state with several strong psychology programs.
The $27,000 debt load is reasonable and actually slightly below the national norm for psychology degrees. With a debt-to-earnings ratio under 1.0, graduates can realistically manage their payments, though those first few years will require careful budgeting given the low starting salary. The earnings trajectory offers some reassurance—reaching $37,558 by year four represents meaningful progress, even if it still trails programs at Elon ($36,668 starting) or Wake Forest.
The critical caveat: this data reflects fewer than 30 graduates, so individual outcomes could vary significantly. For a family considering this program, the question becomes whether William Peace's near-open admission and smaller environment justify accepting below-average starting pay. If your student thrives in intimate settings and plans to pursue graduate school (common in psychology), this could work. But if immediate earnings matter most, North Carolina offers stronger alternatives at similar debt levels.
Where William Peace University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
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 Peace University graduates compare to all programs nationally
William Peace University graduates earn $28k, placing them in the 23th 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 North Carolina
Psychology bachelors's programs at peer institutions in North Carolina (51 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| William Peace University | $28,202 | $37,558 | $27,000 | 0.96 |
| Elon University | $36,668 | $48,045 | $23,250 | 0.63 |
| Wake Forest University | $34,823 | $59,767 | $21,500 | 0.62 |
| Campbell University | $33,892 | $37,905 | $27,000 | 0.80 |
| Duke University | $33,559 | $72,857 | $15,415 | 0.46 |
| University of North Carolina at Chapel Hill | $31,804 | $46,914 | $14,253 | 0.45 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in North Carolina
Compare tuition, earnings, and debt across North Carolina schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Elon University Elon | $44,536 | $36,668 | $23,250 |
| Wake Forest University Winston-Salem | $64,758 | $34,823 | $21,500 |
| Campbell University Buies Creek | $40,410 | $33,892 | $27,000 |
| Duke University Durham | $65,805 | $33,559 | $15,415 |
| University of North Carolina at Chapel Hill Chapel Hill | $8,989 | $31,804 | $14,253 |
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 Peace University, approximately 35% 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 23 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.