Psychology at Illinois Wesleyan University
Bachelor's Degree
Analysis
Illinois Wesleyan's psychology program produces graduates who start at $34,650—solidly above both the national median ($31,482) and Illinois state average ($32,287). While that places them in the 75th percentile nationally, it drops to the 60th percentile within Illinois, suggesting the program competes respectably but doesn't dominate the state market. The $27,000 median debt sits just above typical psychology borrowing levels, yielding a manageable debt-to-earnings ratio of 0.78. More encouraging is the trajectory: earnings jump 34% to $46,467 by year four, indicating graduates gain traction in their careers rather than plateau early.
The real caveat here is sample size—with fewer than 30 graduates reporting, a few high or low earners can skew these numbers significantly. That said, the pattern suggests Illinois Wesleyan provides solid preparation without the debt burden that often accompanies psychology degrees. Graduates aren't matching Northwestern's $44,088 starting salary, but they're also not facing the credential inflation that requires expensive graduate school immediately after the bachelor's degree.
For families considering this program, the key question is fit: does the small-school environment justify similar debt levels to larger state options? The earnings growth suggests yes, but recognize you're buying into a selective liberal arts experience where individual outcomes will vary more than these medians suggest.
Where Illinois Wesleyan University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Illinois Wesleyan University graduates compare to all programs nationally
Illinois Wesleyan University graduates earn $35k, placing them in the 75th percentile of all psychology bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Illinois
Psychology bachelors's programs at peer institutions in Illinois (52 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Illinois Wesleyan University | $34,650 | $46,467 | $27,000 | 0.78 |
| Northwestern University | $44,088 | $61,389 | $14,500 | 0.33 |
| St. Augustine College | $42,911 | — | $5,050 | 0.12 |
| Trinity International University-Illinois | $39,980 | — | $24,562 | 0.61 |
| The Chicago School at Chicago | $39,596 | — | $40,645 | 1.03 |
| National Louis University | $35,798 | — | $37,170 | 1.04 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Northwestern University Evanston | $65,997 | $44,088 | $14,500 |
| St. Augustine College Chicago | $13,288 | $42,911 | $5,050 |
| Trinity International University-Illinois Deerfield | $12,320 | $39,980 | $24,562 |
| The Chicago School at Chicago Chicago | $20,844 | $39,596 | $40,645 |
| National Louis University Chicago | $12,345 | $35,798 | $37,170 |
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 Illinois Wesleyan University, 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 16 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.