Median Earnings (1yr)
$26,952
16th percentile (40th in MI)
Median Debt
$24,650
3% below national median
Debt-to-Earnings
0.91
Manageable
Sample Size
34
Adequate data

Analysis

Kalamazoo College's psychology graduates start at concerning salaries—$26,952 in year one places them in just the 16th percentile nationally—but the trajectory tells a different story. By year four, earnings jump to $44,351, representing 65% growth that outpaces typical psychology outcomes. Within Michigan, this program sits squarely at the state median for first-year earnings but the strong growth pattern suggests graduates may be accessing better opportunities after gaining experience or completing additional credentials.

The $24,650 debt load is manageable relative to that first-year salary (0.91 ratio), though it's worth noting that five other Michigan schools deliver higher immediate earnings with comparable debt levels. For context, graduates from Spring Arbor University and Cornerstone University earn $8,000-9,000 more right out of college, which could accelerate debt payoff and career momentum. The moderate sample size adds some uncertainty to these figures.

The key question is whether your student plans to pursue graduate school or needs immediate earning power. If they're headed to grad school anyway, the initial salary gap matters less. But if they need to work and pay down debt immediately after graduation, programs offering $32,000+ starting salaries would provide more financial breathing room during those crucial early career years.

Where Kalamazoo College Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Kalamazoo CollegeOther psychology programs

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 Kalamazoo College graduates compare to all programs nationally

Kalamazoo College graduates earn $27k, placing them in the 16th 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 Michigan

Psychology bachelors's programs at peer institutions in Michigan (36 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Kalamazoo College$26,952$44,351$24,6500.91
Spring Arbor University$35,492$36,705$26,0000.73
Cornerstone University$34,505$33,591$37,8541.10
Rochester University$33,375$47,992$29,6870.89
Baker College$32,913$34,935$41,6881.27
University of Michigan-Dearborn$31,803$40,707$27,9770.88
National Median$31,482—$25,5000.81

Other Psychology Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Spring Arbor University
Spring Arbor
$32,580$35,492$26,000
Cornerstone University
Grand Rapids
$29,100$34,505$37,854
Rochester University
Rochester Hills
$27,938$33,375$29,687
Baker College
Owosso
$12,810$32,913$41,688
University of Michigan-Dearborn
Dearborn
$14,944$31,803$27,977

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 Kalamazoo College, approximately 23% 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 34 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.