Psychology at Indiana University-Bloomington
Bachelor's Degree
Analysis
IU-Bloomington's psychology program delivers something unusual for this field: meaningful earnings growth after graduation. While the starting salary of $33,810 sits modestly above both national and state medians, graduates see their income jump 41% by year four—reaching $47,627. That trajectory matters more than the initial number, especially since psychology majors often need time to find their footing in fields like HR, social services, or research.
The debt picture adds to the appeal. At $20,864, graduates borrow roughly $5,000 less than both state and national medians, creating a manageable 0.62 debt-to-earnings ratio. Among Indiana's 44 psychology programs, this ranks in the 60th percentile for earnings—solid but not spectacular. Schools like Trine and Indiana Tech post higher starting salaries, but their students also typically carry heavier debt loads.
For a family weighing options, this program offers a relatively safe bet: reasonable borrowing at a respected institution with an 80% admission rate, combined with earnings that actually improve significantly post-graduation. The trade-off is accepting a slower start than pre-professional degrees, which makes this most sensible for students genuinely committed to psychology-related fields rather than those treating it as a default major.
Where Indiana University-Bloomington 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 Indiana University-Bloomington graduates compare to all programs nationally
Indiana University-Bloomington graduates earn $34k, placing them in the 68th 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 Indiana
Psychology bachelors's programs at peer institutions in Indiana (44 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Indiana University-Bloomington | $33,810 | $47,627 | $20,864 | 0.62 |
| Trine University | $37,096 | $39,713 | $27,000 | 0.73 |
| Trine University-Regional/Non-Traditional Campuses | $37,096 | $39,713 | $27,000 | 0.73 |
| Indiana Institute of Technology | $36,111 | — | $33,611 | 0.93 |
| Indiana Institute of Technology-College of Professional Studies | $36,111 | — | $33,611 | 0.93 |
| Indiana State University | $35,742 | $37,358 | $27,000 | 0.76 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in Indiana
Compare tuition, earnings, and debt across Indiana schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Trine University Angola | $35,600 | $37,096 | $27,000 |
| Trine University-Regional/Non-Traditional Campuses Angola | $9,576 | $37,096 | $27,000 |
| Indiana Institute of Technology Fort Wayne | $30,446 | $36,111 | $33,611 |
| Indiana Institute of Technology-College of Professional Studies Fort Wayne | $9,900 | $36,111 | $33,611 |
| Indiana State University Terre Haute | $9,992 | $35,742 | $27,000 |
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 Indiana University-Bloomington, approximately 17% 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.