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Psychology at Lake Erie College

Painesville, OH · Private nonprofit · Bachelor's Degree · Psychology, General
33 /100
DegreeOutlook Score (Base Case)
34
Optimistic
33
Base Case
32
Pessimistic
Earnings $35,067/yr (11% vs median)
AI Risk High (49% exposed)
Job Market Very Large (125,000 openings/yr)
ROI 3.1x earnings multiple
Ranked #532 of 926 Psychology, General programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Psychology graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $446K $450K $432K
Earnings Multiple 3.1x 3.1x 3.0x
Probability of Field Employment 51% 47% 34%
DegreeOutlook Score 34 33 32

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$144,128
4-Year Net Price (After Aid)
$85,184
41% less than sticker · See by income
Median Debt at Graduation
$27,000
9.2 months of Year 1 earnings

Program Analysis

At $35,067 per year, Psychology graduates from Lake Erie College earn slightly above the $31,705 national median. The premium is real but not dramatic.

The 3.1x return on tuition is positive but not overwhelming. Financial outcomes depend on keeping costs close to in-state rates.

AI risk is moderate — 49% task exposure — and the 3% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The $27,000 debt-to-$35,067 income ratio translates to about 9 months of earnings. Standard loan terms should handle this comfortably.

At #532 out of 926 programs, Lake Erie College's financial outcomes for Psychology trail the majority of peers. The value case depends on other factors.

About Lake Erie College

Lake Erie College accepts 64% of applicants, balancing access with selectivity, with a smaller student body of 678 in Painesville, OH. After financial aid, the average student pays $85,184 over four years — 41% below sticker price.

See all programs and financial aid at Lake Erie College →

Top Career Paths

Managers, all other $136,550/yr
Psychologists, all other $117,580/yr
Industrial-organizational psychologists $109,840/yr
View all 6 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 926 schools offering Psychology →

Psychology at Other Schools

Bentley University ($62,218) Georgetown University ($51,959) Bucknell University ($51,645) Gettysburg College ($50,040) Trinity College ($48,406) CUNY Graduate School and University Center ($48,299) The University of Texas Permian Basin ($46,009) Charter Oak State College ($45,428)

Other Majors at Lake Erie College

Business Administration, Management and Operations ($44,440)

Explore the Trade Alternative

Compare Psychology trade programs on TradeSchoolWorth →

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

How does Lake Erie College's Psychology program score?
This program scores 33/100 — on the lower end for Psychology. Prospective students should carefully weigh costs against likely earnings.
How vulnerable is Psychology to AI automation?
AI won't 'replace' Psychology careers outright, but it is likely to reduce the number of job openings. We model 49% task exposure, which compresses field employment probability in our scenarios.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →