Analysis
National Louis University's psychology program carries a warning label that's hard to ignore: with fewer than 30 graduates in the sample, these numbers may not tell the full story. That said, what we can see presents a clear tradeoff. Graduates earn notably more than the national average ($35,798 versus $31,482), placing them in the 82nd percentile nationally—solid performance for a psychology bachelor's. However, that advantage shrinks considerably when looking at Illinois specifically, where this program sits at just the 60th percentile, trailing schools like Northwestern and even nearby Eastern Illinois.
The real concern is debt. At $37,170, graduates carry about $12,000 more than typical psychology majors nationwide, putting this program in the 5th percentile for debt burden—meaning 95% of psychology programs leave students with less debt. With first-year earnings barely covering the loan balance (1.04 ratio), graduates face immediate financial pressure that peers at other Illinois schools may not experience. Given that 57% of students receive Pell grants, many families here are already stretching budgets.
For an anxious parent: if your child is set on psychology at National Louis, understand they'll likely graduate with significantly more debt than necessary for similar or better outcomes available elsewhere in Illinois. The small sample size means next year's data could look different, but right now, the debt load makes this a expensive path into a field not known for high starting salaries.
Where National Louis University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How National Louis University graduates compare to all programs nationally
Compare to Similar Programs in Illinois
Psychology bachelors's programs at peer institutions in Illinois (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,345 | $35,798 | — | $37,170 | 1.04 | |
| $65,997 | $44,088 | $61,389 | $14,500 | 0.33 | |
| $13,288 | $42,911 | — | $5,050 | 0.12 | |
| $12,320 | $39,980 | — | $24,562 | 0.61 | |
| $20,844 | $39,596 | — | $40,645 | 1.03 | |
| $13,403 | $35,740 | $43,847 | $22,500 | 0.63 | |
| 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 National Louis University, approximately 57% 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 21 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.