Median Earnings (1yr)
$36,890
50th percentile
Median Debt
$11,630
29% below national median

Analysis

Northwestern's psychology bachelor's leads to surprisingly modest initial earnings—$36,890 puts it at the national median, though it ranks slightly better (60th percentile) among Illinois programs. For one of the nation's most selective universities (7% admission rate, 1526 average SAT), these starting salaries may catch families off guard.

The real story here is trajectory: earnings jump 61% by year four, reaching nearly $60,000. This growth pattern suggests many graduates pursue competitive positions that require time to land, or enter fields where Northwestern's prestige compounds over time. The $11,630 median debt is genuinely low—well below the national $16,472 median for psychology majors—and with a 0.32 debt-to-earnings ratio, graduates can manage repayment even during those leaner first years.

However, the small sample size (under 30 graduates) makes these numbers less reliable. This could mean Northwestern psychology grads scatter across diverse career paths, or that many pursue graduate school immediately, skewing the working graduate pool. For a family paying Northwestern's premium, this program is a longer-term bet: you're banking on the network and credential opening doors that fully materialize after year one, not on immediate post-graduation earnings that justify the investment.

Where Northwestern University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Earnings Distribution

How Northwestern University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Northwestern University$36,890$59,494+61%
Marist University$47,348$60,881+29%
University of California-Davis$31,345$53,727+71%
Montreat College$29,234$35,005+20%

Compare to Similar Programs Nationally

Psychology bachelors's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northwestern UniversityEvanston$65,997$36,890$59,494$11,6300.32
University of California-San DiegoLa Jolla$15,265$47,672$18,2000.38
Marist UniversityPoughkeepsie$46,140$47,348$60,881$26,0000.55
University of California-DavisDavis$15,247$31,345$53,727$14,7450.47
Montreat CollegeMontreat$33,860$29,234$35,005
National Median$36,890$16,4720.45

Career Paths

Occupations commonly associated with psychology graduates

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.

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 Northwestern University, approximately 19% 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 27 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.