Program Analysis
Starting salaries of $26,764/yr fall 16% below the $31,705 national median for Psychology. The financial case depends heavily on whether tuition compensates.
An earnings multiple of 3.0x 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 10% scenario spread suggests disruption would dent but not destroy the earnings outlook.
The $23,250 debt-to-$26,764 income ratio translates to about 10 months of earnings. Standard loan terms should handle this comfortably.
At #869 out of 926 programs, Biola University's financial outcomes for Psychology trail the majority of peers. The value case depends on other factors.
Earnings growth from $26,764 to $51,956 over five years (94% increase) indicates that graduates in this field see meaningful salary progression.