Median Earnings (1yr)
$32,553
58th percentile
60th percentile in Illinois
Median Debt
$23,000
10% below national median

Analysis

A first-year salary just above $32,000 might make parents nervous about a psychology degree, but Elmhurst graduates nearly double their earnings by year four—reaching $48,000 with just $23,000 in debt. That debt load sits below both Illinois and national medians for psychology programs, and the 0.71 debt-to-earnings ratio means graduates can realistically manage repayment even during that challenging first year. Among Illinois's 52 psychology programs, Elmhurst ranks in the 60th percentile, positioning it solidly in the upper half while remaining far more accessible than Northwestern's $44,000 starting salary.

The 48% earnings jump from year one to year four suggests graduates are successfully moving beyond entry-level positions into roles that value their degree—whether in human resources, social services, or grad school prerequisites. This growth trajectory matters more than the modest starting point, especially given the relatively light debt burden. For context, students here graduate with about $2,500 less debt than typical Illinois psychology majors.

If your child plans to pursue graduate education or needs a few years to find their footing professionally, Elmhurst's combination of manageable debt and strong mid-term earnings makes it a reasonable choice. The program won't launch them into immediate high earnings, but it won't saddle them with crushing debt either—a practical outcome for a field where early-career uncertainty is common.

Where Elmhurst University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Earnings Distribution

How Elmhurst University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Elmhurst University$32,553$48,321+48%
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Elmhurst UniversityElmhurst$41,628$32,553$48,321$23,0000.71
Northwestern UniversityEvanston$65,997$44,088$61,389$14,5000.33
St. Augustine CollegeChicago$13,288$42,911$5,0500.12
Trinity International University-IllinoisDeerfield$12,320$39,980$24,5620.61
The Chicago School at ChicagoChicago$20,844$39,596$40,6451.03
National Louis UniversityChicago$12,345$35,798$37,1701.04
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Elmhurst University, approximately 37% 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 98 graduates with reported earnings and 139 graduates with debt data. Small samples may not be representative.