Analysis
Muhlenberg's psychology graduates face a challenging first year—earning just $24,828, well below both the Pennsylvania median of $33,399 and the national benchmark of $31,482. This puts the program in the bottom quarter nationally, though it performs somewhat better relative to other Pennsylvania psychology programs. The initial debt burden of $26,312 exceeds that first-year salary, creating immediate financial pressure that distinguishes Muhlenberg from higher-performing Pennsylvania competitors like Bucknell ($51,645) and Gettysburg ($50,040).
The program's saving grace is remarkable earnings growth: graduates more than double their income by year four, reaching $51,597. This trajectory suggests either significant career advancement or graduate education that pays off. However, parents should understand this means their child will likely need financial support or flexibility during those difficult early years. The moderate sample size (30-100 graduates) provides reasonable confidence in these figures, but the path clearly involves short-term sacrifice.
For families comfortable bridging a tough initial period, Muhlenberg's outcomes eventually reach respectable levels. But if your child needs to be financially independent immediately after graduation, or if you're borrowing significantly beyond the $26,312 median, this program requires serious consideration of alternatives—particularly given that several Pennsylvania schools deliver double the first-year earnings.
Where Muhlenberg College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Muhlenberg College 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 |
|---|---|---|---|
| Muhlenberg College | $24,828 | $51,597 | +108% |
| Dickinson College | $37,227 | $62,695 | +68% |
| Lafayette College | $36,235 | $60,657 | +67% |
| Lehigh University | $40,942 | $60,072 | +47% |
| Villanova University | $35,462 | $57,566 | +62% |
Compare to Similar Programs in Pennsylvania
Psychology bachelors's programs at peer institutions in Pennsylvania (83 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $60,240 | $24,828 | $51,597 | $26,312 | 1.06 | |
| $64,772 | $51,645 | $50,805 | $27,000 | 0.52 | |
| $64,230 | $50,040 | $50,611 | $27,000 | 0.54 | |
| $62,180 | $40,942 | $60,072 | $21,160 | 0.52 | |
| $60,663 | $39,866 | $51,752 | $30,000 | 0.75 | |
| $42,600 | $39,818 | $33,268 | $27,000 | 0.68 | |
| 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 Muhlenberg College, approximately 21% 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 43 graduates with reported earnings and 58 graduates with debt data. Small samples may not be representative.