Median Earnings (1yr)
$35,798
82nd percentile
60th percentile in Illinois
Median Debt
$37,170
46% above national median

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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
National Louis UniversityChicago$12,345$35,798$37,1701.04
Northwestern UniversityEvanston$65,997$44,088$61,389$14,5000.33
St. Augustine CollegeChicago$13,288$42,911$5,0500.12
Trinity International University-IllinoisDeerfield$12,320$39,980$24,5620.61
The Chicago School at ChicagoChicago$20,844$39,596$40,6451.03
Eastern Illinois UniversityCharleston$13,403$35,740$43,847$22,5000.63
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 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.