Median Earnings (1yr)
$30,164
39th percentile (60th in MI)
Median Debt
$25,250
1% below national median
Debt-to-Earnings
0.84
Manageable
Sample Size
360
Adequate data

Analysis

Michigan State's psychology program shows impressive earnings growth that sets it apart from typical bachelor's psychology outcomes. While graduates start at $30,164—slightly below the national average—their salaries jump 57% to $47,242 by year four, far outpacing the field's usual trajectory. This substantial growth suggests the program successfully prepares students for career advancement or graduate school pathways that lead to higher-paying positions.

The debt picture is reasonable at $25,250, creating a manageable debt-to-earnings ratio of 0.84 that's well within acceptable bounds. More importantly, Michigan State ranks in the 60th percentile among Michigan psychology programs despite charging less debt than the state median ($27,000), indicating solid value within the state. While the program doesn't crack the top tier of Michigan psychology schools initially, the strong earnings growth trajectory suggests graduates catch up over time.

For parents considering this investment, the key insight is that Michigan State psychology graduates experience unusually strong salary progression after that first year. The robust sample size gives confidence in these numbers, and the combination of reasonable debt with accelerating earnings creates a positive long-term financial outlook that many psychology programs simply don't deliver.

Where Michigan State University Stands

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

Michigan State UniversityOther 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 Michigan State University graduates compare to all programs nationally

Michigan State University graduates earn $30k, placing them in the 39th 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
Michigan State University$30,164$47,242$25,2500.84
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 Michigan State University, approximately 20% 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 360 graduates with reported earnings and 489 graduates with debt data. Small samples may not be representative.