Median Earnings (1yr)
$26,714
15th percentile
25th percentile in Iowa
Median Debt
$26,500
4% above national median

Analysis

Clarke University's psychology program starts graduates at $26,714—well below both the Iowa median ($34,155) and national averages. That 25th percentile ranking among Iowa psychology programs means three-quarters of comparable in-state options produce higher initial earnings, with top performers like Upper Iowa and Waldorf placing graduates at $40,000+. For a degree carrying $26,500 in debt (nearly a full year's starting salary), these first-year numbers create immediate financial stress.

The trajectory improves meaningfully: earnings jump 64% to reach $43,694 by year four, which actually surpasses many Iowa competitors at that stage. This growth pattern suggests the degree opens doors that take time to walk through—perhaps graduate school preparation or roles requiring experience. However, the small sample size (under 30 graduates) means a few outlier careers could be skewing these numbers upward, making them less reliable as predictors.

The core challenge remains that initial earning power. Psychology bachelor's degrees generally require graduate education for higher-paying careers, and starting $7,000 below the Iowa median makes it harder to manage debt while saving for that next degree. Unless your child has specific plans that leverage Clarke's small-school advantages (like mentorship or research opportunities), the in-state alternatives offering 30-40% higher starting salaries deserve serious consideration—they provide more financial breathing room for whatever comes next.

Where Clarke University Stands

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

Earnings Distribution

How Clarke University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Clarke University$26,714$43,694+64%
Loras College$23,564$48,256+105%
Saint Ambrose University$32,627$46,127+41%
Luther College$30,302$46,087+52%
Waldorf University$41,193$45,304+10%

Compare to Similar Programs in Iowa

Psychology bachelors's programs at peer institutions in Iowa (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Clarke UniversityDubuque$39,600$26,714$43,694$26,5000.99
Upper Iowa UniversityFayette$19,000$42,183$40,524$41,4780.98
Waldorf UniversityForest City$25,220$41,193$45,304$29,1360.71
Coe CollegeCedar Rapids$52,576$37,072$37,384$27,0000.73
Buena Vista UniversityStorm Lake$40,190$35,559$34,524$32,5000.91
William Penn UniversityOskaloosa$28,750$35,122$27,4430.78
National Median$31,482$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 Clarke University, approximately 36% 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 19 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.