Analysis
Eastern Illinois University's psychology program quietly outperforms most of the nation—landing in the 82nd percentile nationally for earnings—while keeping debt considerably lower than typical. With first-year earnings of $35,740 against just $22,500 in debt, graduates start with a manageable 0.63 debt-to-earnings ratio. That's roughly $3,000 less debt than the national median for psychology programs, and it matters: a recent graduate could realistically pay this down in 2-3 years with focused budgeting, rather than watching it drag on indefinitely as many psychology majors experience.
Within Illinois, the program sits comfortably in the 60th percentile—not elite, but solidly above the state median. It trails prestigious Northwestern significantly, but it also charges a fraction of the cost. The 23% earnings growth from year one to year four suggests graduates find their footing in the job market rather than stalling out. For a regional comprehensive university with a 68% acceptance rate, these outcomes punch above weight class.
For families concerned about the classic psychology trap—graduating with substantial debt and limited earning power—Eastern Illinois offers a practical path forward. Your child won't start with Northwestern-level earnings, but they also won't spend their twenties buried under debt while working entry-level positions. That combination of above-average outcomes and below-average debt makes this a sensible choice for students committed to psychology.
Where Eastern Illinois University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Eastern Illinois 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 |
|---|---|---|---|
| Eastern Illinois University | $35,740 | $43,847 | +23% |
| 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 |
|---|---|---|---|---|---|
| $13,403 | $35,740 | $43,847 | $22,500 | 0.63 | |
| $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 Eastern Illinois 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 108 graduates with reported earnings and 163 graduates with debt data. Small samples may not be representative.