Analysis
Northern Michigan's psychology bachelor's tracks closely with national patterns, where graduates of similar programs typically start around $35,000 and climb to about $40,000 by year four. Based on peer institutions, you're looking at roughly $20,500 in debt—which translates to a manageable 0.59 ratio. That's better than many social science programs, though it's worth noting this field generally rewards graduate education, so these bachelor's-level figures may represent a waystation rather than a destination.
The Michigan context adds an important wrinkle. While the estimated first-year earnings align with national norms, they sit well above the $27,700 median for other Michigan psychology programs. Even U-M Ann Arbor graduates in this field report starting around $31,500. Northern's four-year figure of $40,000 suggests either stronger-than-typical outcomes or graduates who've moved beyond entry-level positions—either way, it's competitive placement for the region.
The practical question is what your child plans to do with this degree. If they're headed to graduate school (common in this field), the moderate debt load won't become an anchor. If they're entering the workforce immediately, $40,000 represents a livable wage in Marquette but would be tight in costlier metros. The debt is reasonable enough to keep options open, which matters in a field where the first job rarely defines the career trajectory.
Where Northern Michigan University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northern Michigan University | — | $40,179 | — |
| Harvard University | $41,501 | $76,453 | +84% |
| University of Rochester | $39,732 | $68,347 | +72% |
| University of Chicago | $31,986 | $65,966 | +106% |
| University of Michigan-Ann Arbor | $31,568 | $51,924 | +64% |
Compare to Similar Programs in Michigan
Research and Experimental Psychology bachelors's programs at peer institutions in Michigan (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $13,304 | $34,769* | $40,179 | $20,500* | — | |
| $17,228 | $31,568* | $51,924 | $18,708* | 0.59 | |
| $55,746 | $23,906* | — | $27,000* | 1.13 | |
| 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 Northern Michigan University, approximately 27% 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.