Analysis
Iowa State's psychology graduates start at $34,155—already above the national median—but the real story is where they land four years later. That 25% earnings growth to nearly $43,000 is unusually strong for psychology, a field where many bachelor's programs see graduates plateau early. With debt at $23,121, you're looking at about 7 months of first-year salary to repay, which is manageable territory compared to the national psychology median of $25,500.
The catch? Iowa State sits right at the state median for psychology earnings, landing in the 60th percentile among Iowa programs. Several smaller Iowa schools produce higher early earnings—Upper Iowa and Waldorf graduates earn over $40,000 right out of the gate. But those figures don't account for career trajectory, and Iowa State's strong growth pattern suggests their graduates are building toward more professional roles rather than stopping at entry-level positions.
For an accessible state flagship (89% admission rate) with solid institutional resources, this program offers reasonable value. The debt load won't constrain your child's early career choices, and the earnings trajectory points to genuine career development rather than a ceiling at $35,000. It's a safe bet if your child is committed to psychology and plans to pursue work that requires the credential, though not dramatically better than what peer Iowa institutions deliver.
Where Iowa State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Iowa State University 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 |
|---|---|---|---|
| Iowa State University | $34,155 | $42,771 | +25% |
| Loras College | $23,564 | $48,256 | +105% |
| Saint Ambrose University | $32,627 | $46,127 | +41% |
| Luther College | $30,302 | $46,087 | +52% |
| Waldorf University | $41,193 | $45,304 | +10% |
Compare to Similar Programs in Iowa
Psychology bachelors's programs at peer institutions in Iowa (27 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,497 | $34,155 | $42,771 | $23,121 | 0.68 | |
| $19,000 | $42,183 | $40,524 | $41,478 | 0.98 | |
| $25,220 | $41,193 | $45,304 | $29,136 | 0.71 | |
| $52,576 | $37,072 | $37,384 | $27,000 | 0.73 | |
| $40,190 | $35,559 | $34,524 | $32,500 | 0.91 | |
| $28,750 | $35,122 | — | $27,443 | 0.78 | |
| 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 Iowa State University, approximately 18% 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 178 graduates with reported earnings and 292 graduates with debt data. Small samples may not be representative.