Analysis
Chicago State's psychology program produces starting salaries nearly $10,000 below Illinois' strongest programs, with graduates earning just under $30,000 in their first year—roughly $2,300 less than the state median. That gap matters when paired with $39,075 in debt, which is 53% higher than what psychology graduates typically carry from Illinois schools. Among the state's 52 psychology programs, this one sits at the 40th percentile for earnings, meaning more than half of alternatives deliver better salary outcomes.
The financial squeeze is real: graduates owe 1.3 times their first-year salary, compared to the national median debt load of $25,500. While earnings do grow to nearly $36,000 by year four, that's still well below what peers earn at schools like Northwestern ($44,088) or even National Louis ($35,798) right out of the gate. For a field where many students pursue graduate degrees to increase earning potential, starting with substantial undergraduate debt creates a challenging foundation.
Chicago State serves a predominantly Pell-eligible population, which explains part of the debt picture. However, parents should recognize that multiple Illinois psychology programs combine better earnings outcomes with more manageable debt levels. Unless location or specific institutional factors make Chicago State uniquely suitable, exploring alternatives—particularly those ranking above the state's 60th percentile—would likely improve your child's post-graduation financial position.
Where Chicago State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Chicago State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Chicago State University | $29,967 | $35,893 | +20% |
| Northwestern University | $44,088 | $61,389 | +39% |
| Loyola University Chicago | $32,463 | $52,586 | +62% |
| Augustana College | $29,801 | $50,244 | +69% |
| Illinois State University | $32,104 | $49,195 | +53% |
Compare to Similar Programs in Illinois
Psychology bachelors's programs at peer institutions in Illinois (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,754 | $29,967 | $35,893 | $39,075 | 1.30 | |
| $65,997 | $44,088 | $61,389 | $14,500 | 0.33 | |
| $13,288 | $42,911 | — | $5,050 | 0.12 | |
| $12,320 | $39,980 | — | $24,562 | 0.61 | |
| $20,844 | $39,596 | — | $40,645 | 1.03 | |
| $12,345 | $35,798 | — | $37,170 | 1.04 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 Chicago State University, approximately 55% 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 51 graduates with reported earnings and 96 graduates with debt data. Small samples may not be representative.