Program Analysis
Starting salaries of $23,054/yr fall 27% below the $31,705 national median for Psychology, General. The financial case depends heavily on whether tuition compensates.
An earnings multiple of 2.8x means the program roughly breaks even in financial terms over ten years. Non-financial factors need to justify the investment.
AI risk is moderate — 49% task exposure — and the 7% scenario spread suggests disruption would dent but not destroy the earnings outlook.
The $24,900 debt load exceeds a year of the $23,054 starting salary, suggesting a multi-year repayment window before graduates break even financially.
At #924 out of 926 programs, Austin College's financial outcomes for Psychology, General trail the majority of peers. The value case depends on other factors.
Earnings growth from $23,054 to $44,568 over five years (93% increase) indicates that graduates in this field see meaningful salary progression.