Analysis
A bachelor's in research psychology at National Louis faces challenging economics, with peer programs suggesting first-year earnings around $34,800 against an estimated debt load of $26,800. This puts graduates at roughly 77 cents of debt for every dollar earned—manageable compared to many fields, but the absolute income level is what demands attention. Similar psychology programs across Illinois typically produce median earnings of $32,700, while nationally the figure barely moves to $34,800, meaning this isn't a location disadvantage—it's the reality of entry-level psychology work.
The university serves a predominantly Pell-eligible student body (57%), which makes that debt figure particularly important. At under $27,000, it's higher than the typical Illinois psychology program ($23,400) but not dramatically so. The real question is whether $34,800 annually provides enough income to service that debt while covering Chicago's cost of living. For students planning graduate school—which most research psychology careers require—this becomes a stepping stone whose value depends entirely on what comes next.
If your child views this as a terminal degree leading directly to employment, the numbers suggest a tight financial squeeze in those early years. If it's preparation for a PhD program where stipends cover costs, that calculation shifts entirely. Either way, understand you're looking at estimated outcomes based on peer institutions, not National Louis's actual track record with this specific degree.
Where National Louis University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Compare to Similar Programs in Illinois
Research and Experimental Psychology bachelors's programs at peer institutions in Illinois (9 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,345 | $34,769* | — | $26,839* | — | |
| $16,004 | $33,384* | — | $20,050* | 0.60 | |
| $66,939 | $31,986* | $65,966 | $17,500* | 0.55 | |
| National Median | — | $34,768* | — | $21,500* | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 84 similar programs. Actual outcomes may vary.