Analysis
Dominican University's psychology program starts slowly but shows exactly what anxious parents need to see: strong earnings momentum. That 55% jump from $30,846 to $47,929 over four years suggests graduates are converting their degree into better opportunities, moving well past both the national and Illinois medians by year four.
However, the initial numbers tell a more complicated story. First-year earnings land below the Illinois state median ($32,287), placing this program in just the 40th percentile among the state's 52 psychology programs. The debt load of $23,832 isn't crushing—it's actually below both state and national medians—but that 0.77 debt-to-earnings ratio in year one reflects a tight financial squeeze right after graduation. Schools like Northwestern ($44,088) and St. Augustine College ($42,911) offer significantly stronger starting positions for Illinois psychology graduates.
The trajectory matters here. By year four, Dominican graduates are earning substantially more than typical psychology majors nationally or in Illinois, which suggests the program provides networking, credential stacking, or career development support that pays off with time. But parents should understand they're likely subsidizing that first year or two while their child builds toward those stronger mid-career earnings. This works if your family can absorb lower initial income, but it's a real consideration for students who need to start paying rent and loans immediately after graduation.
Where Dominican University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Dominican 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 |
|---|---|---|---|
| Dominican University | $30,846 | $47,929 | +55% |
| 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 |
|---|---|---|---|---|---|
| $37,844 | $30,846 | $47,929 | $23,832 | 0.77 | |
| $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 Dominican University, approximately 49% 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 42 graduates with reported earnings and 61 graduates with debt data. Small samples may not be representative.