Median Earnings (1yr)
$26,952
16th percentile
40th percentile in Michigan
Median Debt
$24,650
3% below national median

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

Earnings Distribution

How Kalamazoo College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Kalamazoo College$26,952$44,351+65%
Rochester University$33,375$47,992+44%
Michigan State University$30,164$47,242+57%
Saginaw Valley State University$30,092$46,870+56%
Wayne State University$29,255$45,540+56%

Compare to Similar Programs in Michigan

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Kalamazoo CollegeKalamazoo$58,764$26,952$44,351$24,6500.91
Spring Arbor UniversitySpring Arbor$32,580$35,492$36,705$26,0000.73
Cornerstone UniversityGrand Rapids$29,100$34,505$33,591$37,8541.10
Rochester UniversityRochester Hills$27,938$33,375$47,992$29,6870.89
Baker CollegeOwosso$12,810$32,913$34,935$41,6881.27
University of Michigan-DearbornDearborn$14,944$31,803$40,707$27,9770.88
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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.