Analysis
Concordia-Chicago's psychology program graduates start at $27,304—nearly $5,000 below the state median and in just the 25th percentile among Illinois psychology programs. That's a significant gap in a state where the top quarter of programs launch graduates above $35,000. While earnings nearly double to $40,204 by year four, that trajectory still leaves graduates trailing peers from comparable Illinois schools like Trinity International ($39,980 starting) or National Louis ($35,798).
The $25,647 debt load sits right at national norms, but paired with below-average starting earnings, it creates a challenging first-year ratio of 0.94. Nearly half the student body receives Pell grants, suggesting many families here are counting on strong post-graduation outcomes. The small sample size (under 30 graduates) means these numbers could shift with more data, but the consistent pattern across both state and national comparisons is hard to ignore.
For families considering this program, the question comes down to whether Concordia's other strengths—perhaps campus culture, location, or specific faculty—justify accepting earnings that trail most Illinois alternatives by $5,000-$12,000 annually. If your student is psychology-focused and plans to stay in Illinois, comparing offers from higher-performing state programs makes sense before committing.
Where Concordia University-Chicago Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Concordia University-Chicago 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 |
|---|---|---|---|
| Concordia University-Chicago | $27,304 | $40,204 | +47% |
| 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 |
|---|---|---|---|---|---|
| $36,258 | $27,304 | $40,204 | $25,647 | 0.94 | |
| $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 Concordia University-Chicago, approximately 45% 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 27 graduates with debt data. Small samples may not be representative.