Median Earnings (1yr)
$31,166
47th percentile (60th in MI)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.87
Manageable
Sample Size
320
Adequate data

Analysis

Central Michigan's psychology program outperforms 60% of Michigan psychology programs despite relatively modest starting salaries—a meaningful distinction in a state where many schools struggle to launch psychology graduates into sustainable careers. The $31,166 starting salary sits near national norms, but the 41% earnings jump to $43,964 by year four suggests graduates are successfully navigating the challenging early-career period that often stymies psychology majors.

The debt picture offers genuine relief: at $27,000, it matches the state average but sits well below the national median, creating a manageable 0.87 debt-to-earnings ratio that improves substantially as those four-year earnings materialize. This matters because psychology graduates frequently face extended graduate school decisions or competitive entry-level markets—lower debt preserves flexibility during those crucial years. While the program doesn't match the $35,000+ starting salaries at Spring Arbor or Cornerstone, the combination of below-average debt and strong earnings trajectory creates breathing room many psychology graduates lack.

For families weighing Central Michigan against higher-ranked alternatives, this represents a solid middle ground: you're not getting premium starting outcomes, but you're avoiding the debt trap that turns psychology degrees into financial albatrosses. The strong earnings growth suggests the CMU network and credential have staying power beyond that first modest paycheck.

Where Central Michigan University Stands

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

Central Michigan UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Central Michigan University graduates compare to all programs nationally

Central Michigan University graduates earn $31k, placing them in the 47th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

Psychology bachelors's programs at peer institutions in Michigan (36 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Central Michigan University$31,166$43,964$27,0000.87
Spring Arbor University$35,492$36,705$26,0000.73
Cornerstone University$34,505$33,591$37,8541.10
Rochester University$33,375$47,992$29,6870.89
Baker College$32,913$34,935$41,6881.27
University of Michigan-Dearborn$31,803$40,707$27,9770.88
National Median$31,482—$25,5000.81

Other Psychology Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Spring Arbor University
Spring Arbor
$32,580$35,492$26,000
Cornerstone University
Grand Rapids
$29,100$34,505$37,854
Rochester University
Rochester Hills
$27,938$33,375$29,687
Baker College
Owosso
$12,810$32,913$41,688
University of Michigan-Dearborn
Dearborn
$14,944$31,803$27,977

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 Central Michigan University, approximately 31% 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 320 graduates with reported earnings and 495 graduates with debt data. Small samples may not be representative.