Median Earnings (1yr)
$27,741
21st percentile
25th percentile in Wisconsin
Median Debt
$23,250
9% below national median

Analysis

Carthage's psychology program faces a challenging first year, with graduates earning just $27,741โ€”well below both the national median ($31,482) and Wisconsin's state median ($35,139). This puts the program in the bottom quartile among Wisconsin psychology programs, and students here are earning roughly $7,400 less than their peers at nearby UW-Whitewater.

The program does show impressive earnings growth, jumping 79% to nearly $50,000 by year four. However, that initial earnings gap creates practical problems: the $23,250 debt burden, while slightly below state averages, represents 84% of first-year earnings. For comparison, students at Wisconsin Lutheran or Lakeland start with significantly higher salaries, making the same debt more manageable from day one. The moderate sample size (30-100 graduates) provides reasonable confidence in these numbers.

The question for your family is whether you can weather that difficult first year. If your child needs to start repaying loans immediately or contribute to household expenses, that $27,741 salary will be tight. Students who can rely on family support or who plan to pursue graduate school might find the later earnings growth encouraging, but be aware that Carthage's psychology graduates are starting their careers at a notable disadvantage compared to other Wisconsin options.

Where Carthage College Stands

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

Earnings Distribution

How Carthage College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Carthage College$27,741$49,688+79%
University of Wisconsin-Madison$31,985$52,087+63%
Marquette University$35,076$50,539+44%
Carroll University$37,079$48,351+30%
University of Wisconsin-La Crosse$31,327$47,929+53%

Compare to Similar Programs in Wisconsin

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carthage CollegeKenosha$36,500$27,741$49,688$23,2500.84
Marian UniversityFond Du Lac$33,000$45,416โ€”$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-MilwaukeeBrookfieldโ€”$39,596โ€”$27,5620.70
University of Wisconsin-WhitewaterWhitewater$8,250$38,376$45,048$26,0000.68
National Medianโ€”$31,482โ€”$25,5000.81

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 Carthage College, approximately 26% 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 33 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.