Analysis
At $24,061 in first-year earnings, IU-Northwest's psychology program ranks in just the 5th percentile nationally—meaning 95% of psychology programs produce better immediate outcomes. While 42% earnings growth over four years shows graduates make progress, reaching $34,271 still leaves them near the bottom quarter among Indiana psychology programs. The debt burden of $23,500 essentially equals that first year's income, creating a challenging financial start even though it's slightly below national psychology debt levels.
The gap between IU-Northwest and stronger Indiana options is significant: Trine University and Indiana Tech graduates earn roughly $12,000-13,000 more in their first year from the same degree. For a program serving a high proportion of Pell grant students (43%), these low starting salaries matter enormously—that $24,000 first-year income makes it difficult to both service debt and cover basic living expenses. The program's accessible 77% admission rate serves students who might not have other options, but families should understand this isn't a path to quick financial stability.
If your child is committed to psychology and needs to stay local in Northwest Indiana, know that this degree will likely require patience and possibly graduate education to reach comfortable earnings. Consider whether other IU-Northwest programs might offer better returns, or if commuting to a higher-performing Indiana school justifies the additional cost and effort.
Where Indiana University-Northwest Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Indiana University-Northwest 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 |
|---|---|---|---|
| Indiana University-Northwest | $24,061 | $34,271 | +42% |
| University of Indianapolis | $32,237 | $56,992 | +77% |
| Taylor University | $30,311 | $53,764 | +77% |
| Saint Mary's College | $32,213 | $47,897 | +49% |
| Indiana University-Bloomington | $33,810 | $47,627 | +41% |
Compare to Similar Programs in Indiana
Psychology bachelors's programs at peer institutions in Indiana (44 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,179 | $24,061 | $34,271 | $23,500 | 0.98 | |
| $35,600 | $37,096 | $39,713 | $27,000 | 0.73 | |
| $9,576 | $37,096 | $39,713 | $27,000 | 0.73 | |
| $30,446 | $36,111 | — | $33,611 | 0.93 | |
| $9,900 | $36,111 | — | $33,611 | 0.93 | |
| $9,992 | $35,742 | $37,358 | $27,000 | 0.76 | |
| 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 Indiana University-Northwest, approximately 43% 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 32 graduates with reported earnings and 55 graduates with debt data. Small samples may not be representative.