Median Earnings (1yr)
$24,193
5th percentile (40th in SC)
Median Debt
$25,817
1% above national median
Debt-to-Earnings
1.07
Elevated
Sample Size
62
Adequate data

Analysis

Winthrop's psychology graduates start significantly behind but show remarkable momentum, with earnings jumping 39% to reach $33,584 by year four. That first-year figure of $24,193 ranks in just the 5th percentile nationally—among the lowest starting salaries for psychology majors across 1,400 programs. However, the program sits at the 40th percentile among South Carolina schools, suggesting the issue may be more about the regional job market than the program itself. The debt load of $25,817 is fairly typical and manageable given the earnings trajectory.

The real question is whether your child can weather those difficult first years. Among SC psychology programs, graduates from Charleston Southern and Wofford earn roughly $10,000 more right out of the gate. Winthrop's 75% admission rate and moderate test scores indicate it's accessible, but the first-year earnings gap suggests graduates may need additional credentials or time to break into better-paying roles. The strong growth curve indicates they eventually find their footing, but that initial period represents a financial risk.

This program works best for students who have financial support during the early career years or who plan to pursue graduate school anyway, making those initial earnings less critical. Families counting on immediate post-graduation income should carefully compare the four-year earnings against debt obligations and consider whether competing SC programs might offer a faster path to financial stability.

Where Winthrop University Stands

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

Winthrop 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 Winthrop University graduates compare to all programs nationally

Winthrop University graduates earn $24k, 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 South Carolina

Psychology bachelors's programs at peer institutions in South Carolina (29 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Winthrop University$24,193$33,584$25,8171.07
Charleston Southern University$35,364$37,652$27,0000.76
Wofford College$34,429—$25,7630.75
North Greenville University$34,044$32,086$23,2500.68
Clemson University$32,146$46,792$22,6870.71
University of South Carolina Aiken$31,121$38,907$27,0000.87
National Median$31,482—$25,5000.81

Other Psychology Programs in South Carolina

Compare tuition, earnings, and debt across South Carolina schools

SchoolIn-State TuitionEarnings (1yr)Debt
Charleston Southern University
Charleston
$31,030$35,364$27,000
Wofford College
Spartanburg
$54,100$34,429$25,763
North Greenville University
Tigerville
$24,650$34,044$23,250
Clemson University
Clemson
$15,554$32,146$22,687
University of South Carolina Aiken
Aiken
$10,760$31,121$27,000

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 Winthrop University, approximately 39% 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 62 graduates with reported earnings and 96 graduates with debt data. Small samples may not be representative.