Psychology at Indiana Wesleyan University-Marion
Bachelor's Degree
Analysis
Indiana Wesleyan's psychology graduates outperform their peers nationally—placing in the 77th percentile for first-year earnings—but the program's advantage within Indiana is more modest, ranking at the 60th percentile statewide. At $35,039 initially, graduates earn about $2,000 more than the state median for psychology majors, though they fall short of top Indiana programs like Trine University ($37,096). The debt picture is favorable: at $24,188, students graduate owing roughly $2,600 less than typical Indiana psychology majors, creating a manageable 0.69 debt-to-earnings ratio.
The concern here is minimal earnings growth—just 3% over four years, reaching $36,216. Psychology bachelor's degrees typically require graduate education for substantial career advancement, and these flat earnings suggest many graduates may be in entry-level social services or administrative roles. However, for students planning to pursue graduate school anyway, graduating with below-average debt provides financial flexibility for that next step.
For families committed to psychology, this program offers a reasonable starting point: better-than-average initial outcomes with lighter debt burden than most alternatives. Just ensure your student understands they're likely looking at graduate school for significant career advancement, making that sub-$25,000 debt load genuinely valuable.
Where Indiana Wesleyan University-Marion 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 Wesleyan University-Marion graduates compare to all programs nationally
Indiana Wesleyan University-Marion graduates earn $35k, placing them in the 77th 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 Wesleyan University-Marion | $35,039 | $36,216 | $24,188 | 0.69 |
| 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 Wesleyan University-Marion, approximately 25% 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 31 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.