Analysis
Edgewood College's psychology graduates earn substantially more than typical psychology majors nationally—landing in the 95th percentile—but the picture gets more complicated when you zoom into Wisconsin. Within the state, these outcomes sit squarely in the middle of the pack at the 60th percentile, trailing programs at Marian, Lakeland, and several other Wisconsin schools by $5,000-$7,000 annually. For $27,000 in debt (slightly above both state and national medians), graduates start at $37,954 and see decent growth to $44,229 by year four—a 17% increase that suggests reasonable career momentum.
The debt-to-earnings ratio of 0.71 is manageable, meaning graduates owe less than a year's salary. That's a solid foundation for repayment, particularly in a field where many bachelor's holders pursue graduate education or social service careers with modest starting pay. However, there's an important caveat: this data comes from fewer than 30 graduates, which means one or two outliers could significantly skew the numbers either direction.
For a Wisconsin family, the question becomes whether Edgewood's outcomes justify its cost compared to UW-Whitewater (similar earnings, likely lower in-state tuition) or whether the smaller college environment offers other advantages worth the investment. The earnings are respectable, but this isn't a standout value proposition within the state's psychology landscape.
Where Edgewood College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Edgewood College 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 |
|---|---|---|---|
| Edgewood College | $37,954 | $44,229 | +17% |
| University of Wisconsin-Madison | $31,985 | $52,087 | +63% |
| Marquette University | $35,076 | $50,539 | +44% |
| Carthage College | $27,741 | $49,688 | +79% |
| Carroll University | $37,079 | $48,351 | +30% |
Compare to Similar Programs in Wisconsin
Psychology bachelors's programs at peer institutions in Wisconsin (30 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $34,850 | $37,954 | $44,229 | $27,000 | 0.71 | |
| $33,000 | $45,416 | — | $28,468 | 0.63 | |
| $32,286 | $42,355 | $42,673 | $38,866 | 0.92 | |
| $35,080 | $39,874 | $46,913 | $27,000 | 0.68 | |
| — | $39,596 | — | $27,562 | 0.70 | |
| $8,250 | $38,376 | $45,048 | $26,000 | 0.68 | |
| 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 Edgewood College, approximately 23% 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 26 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.