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
Earnings Distribution
How Indiana Wesleyan University-Marion 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 Wesleyan University-Marion | $35,039 | $36,216 | +3% |
| 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 |
|---|---|---|---|---|---|
| $31,168 | $35,039 | $36,216 | $24,188 | 0.69 | |
| $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 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.