Analysis
DePaul's psychology program demonstrates something many bachelor's psychology programs struggle to achieve: meaningful income growth after graduation. While first-year earnings of $33,820 sit slightly above both national and Illinois medians, the trajectory tells a more compelling story—by year four, graduates reach $47,752, a 41% increase that suggests they're successfully leveraging their degree into better opportunities. Among Illinois psychology programs, DePaul lands in the 60th percentile, trailing elite options like Northwestern but outperforming the state median by nearly $5,000 by year four.
The debt picture strengthens the case: at $27,000, graduates borrow only marginally more than state and national medians while accessing the advantages of DePaul's Chicago location and networking opportunities. That 0.80 debt-to-earnings ratio reflects manageable initial loan payments, particularly given the strong earnings growth that follows. The program serves a notably diverse student body (31% Pell recipients) without compromising outcomes, suggesting solid institutional support.
For parents weighing psychology programs in Illinois, this delivers practical value—graduates start near but not at the top of the earnings range, then climb steadily over the first four years. The degree appears to open doors rather than leaving graduates stuck in entry-level positions, which is precisely what you want from a psychology BA given that many career paths require additional experience or credentialing.
Where DePaul University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How DePaul 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 |
|---|---|---|---|
| DePaul University | $33,820 | $47,752 | +41% |
| 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 |
|---|---|---|---|---|---|
| $44,460 | $33,820 | $47,752 | $27,000 | 0.80 | |
| $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 DePaul 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 187 graduates with reported earnings and 262 graduates with debt data. Small samples may not be representative.