Est. Earnings (1yr)
$35,139
Est. from WI median (23 programs)
Median Debt
$31,250
23% above national median

Analysis

Wisconsin psychology programs show a striking range—from Marian's $45,000 graduates to programs closer to $35,000—and Alverno's estimated first-year earnings of $35,139 place this program near the state median. That's roughly on par with the national benchmark for psychology bachelor's degrees, though several Wisconsin schools report substantially higher outcomes for their graduates.

The debt load tells a more encouraging story. At $31,250, Alverno graduates carry about $5,000 more than the typical Wisconsin psychology program but still land in the 5th percentile nationally—meaning 95% of similar programs burden students with more debt. The four-year earnings figure of $39,795 suggests steady income growth after that first year, which helps the debt become more manageable over time. Nearly half of Alverno's students receive Pell grants, indicating the school serves many first-generation and lower-income students who might not have access to family support for debt repayment.

The practical question: can your child service $31,250 in loans on psychology-level earnings? Based on comparable Wisconsin programs, the answer leans toward yes, especially with income climbing to nearly $40,000 by year four. However, those top-performing Wisconsin programs demonstrate that location and institutional factors matter significantly in this field—a $10,000 earnings gap is the difference between comfortable and tight budgets when repaying student loans.

Where Alverno College Stands

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Alverno College$39,795
University of Wisconsin-Madison$31,985$52,087+63%
Marquette University$35,076$50,539+44%
Carthage College$27,741$49,688+79%
Carroll University$37,079$48,351+30%

Compare to Similar Programs in Wisconsin

Psychology bachelors's programs at peer institutions in Wisconsin (30 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median DebtDebt/Earnings
Alverno CollegeMilwaukee$32,794$35,139*$39,795$31,250
Marian UniversityFond Du Lac$33,000$45,416*$28,4680.63
Lakeland UniversityPlymouth$32,286$42,355*$42,673$38,8660.92
Wisconsin Lutheran CollegeMilwaukee$35,080$39,874*$46,913$27,0000.68
Ottawa University-MilwaukeeBrookfield$39,596*$27,5620.70
University of Wisconsin-WhitewaterWhitewater$8,250$38,376*$45,048$26,0000.68
National Median$31,482*$25,5000.81
* Estimated from similar programs

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Alverno College, approximately 49% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 23 similar programs in WI. Actual outcomes may vary.