Median Earnings (1yr)
$42,355
95th percentile
60th percentile in Wisconsin
Median Debt
$38,866
52% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lakeland UniversityPlymouth$32,286$42,355$42,673$38,8660.92
Marian UniversityFond Du Lac$33,000$45,416$28,4680.63
Wisconsin Lutheran CollegeMilwaukee$35,080$39,874$46,913$27,0000.68
Ottawa University-MilwaukeeBrookfield$39,596$27,5620.70
University of Wisconsin-WhitewaterWhitewater$8,250$38,376$45,048$26,0000.68
University of Wisconsin-SuperiorSuperior$8,487$38,262$41,077$24,8330.65
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 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.