Analysis
Lakeland's psychology graduates are earning $42,355 right out of school—about $7,000 more than the typical Wisconsin psychology grad and nearly $11,000 above the national figure. That 95th percentile national ranking is genuinely impressive, though the program sits more modestly at the 60th percentile within Wisconsin, where psychology earnings run higher than the national norm. More concerning: those earnings barely budge over the next three years, growing just 1% while graduates carry $38,866 in debt.
The debt load here exceeds both state and national medians by substantial margins, which creates a tighter financial picture than the strong starting salary might suggest. With nearly a dollar of debt for every dollar of first-year earnings, graduates face monthly payments around $430 on a standard plan—manageable but not comfortable on $42,000. The flat earnings trajectory means there's little relief coming from salary growth in those critical early repayment years.
Given the small sample size (under 30 graduates), these numbers could shift significantly year to year. If your child is committed to psychology and Lakeland specifically, the strong starting salary offers a cushion, but watch that debt number carefully and explore every scholarship opportunity. The program gets graduates working at decent wages quickly; it just doesn't position them for the kind of income growth that makes higher debt easier to manage down the road.
Where Lakeland University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Lakeland 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 |
|---|---|---|---|
| Lakeland University | $42,355 | $42,673 | +1% |
| University of Wisconsin-Madison | $31,985 | $52,087 | +63% |
| Marquette University | $35,076 | $50,539 | +44% |
| Carthage College | $27,741 | $49,688 | +79% |
| Carroll University | $37,079 | $48,351 | +30% |
Compare to Similar Programs in Wisconsin
Psychology bachelors's programs at peer institutions in Wisconsin (30 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $32,286 | $42,355 | $42,673 | $38,866 | 0.92 | |
| $33,000 | $45,416 | — | $28,468 | 0.63 | |
| $35,080 | $39,874 | $46,913 | $27,000 | 0.68 | |
| — | $39,596 | — | $27,562 | 0.70 | |
| $8,250 | $38,376 | $45,048 | $26,000 | 0.68 | |
| $8,487 | $38,262 | $41,077 | $24,833 | 0.65 | |
| 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 Lakeland University, approximately 29% 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 27 graduates with reported earnings and 55 graduates with debt data. Small samples may not be representative.