Median Earnings (1yr)
$26,714
15th percentile (25th in IA)
Median Debt
$26,500
4% above national median
Debt-to-Earnings
0.99
Manageable
Sample Size
19
Limited data

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

Clarke 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 Clarke University graduates compare to all programs nationally

Clarke University graduates earn $27k, placing them in the 15th 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 Iowa

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Clarke University$26,714$43,694$26,5000.99
Upper Iowa University$42,183$40,524$41,4780.98
Waldorf University$41,193$45,304$29,1360.71
Coe College$37,072$37,384$27,0000.73
Buena Vista University$35,559$34,524$32,5000.91
William Penn University$35,122—$27,4430.78
National Median$31,482—$25,5000.81

Other Psychology Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Upper Iowa University
Fayette
$19,000$42,183$41,478
Waldorf University
Forest City
$25,220$41,193$29,136
Coe College
Cedar Rapids
$52,576$37,072$27,000
Buena Vista University
Storm Lake
$40,190$35,559$32,500
William Penn University
Oskaloosa
$28,750$35,122$27,443

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.