Psychology at Oakland University
Bachelor's Degree
Analysis
Oakland University's psychology program starts graduates at below-average earnings ($28,026) but shows something many bachelor's psychology programs don't: meaningful income growth. By year four, graduates reach $41,537—a 48% increase that transforms this from a weak early earner into a competitive mid-career option. While starting salaries trail the Michigan median by $2,000 and rank in just the 40th percentile statewide, this growth trajectory matters for parents worried about long-term prospects.
The debt picture reinforces the value story here. At $24,510, graduates carry less debt than the typical Michigan psychology student ($27,000) and face a manageable 0.87 debt-to-earnings ratio even in that challenging first year. By year four, when many psychology graduates are still earning in the low $30,000s, Oakland graduates are crossing $40,000—a threshold that makes the initial investment much easier to justify.
The practical takeaway: This program requires patience but delivers results. Your child will likely face a tight first year financially, possibly living at home or working multiple jobs. But the strong earnings progression suggests Oakland's psychology degree opens doors beyond entry-level retail or customer service work where many bachelor's psychology graduates get stuck. For families who can weather that initial period, the combination of controlled debt and genuine income growth makes this a defensible choice among Michigan's psychology programs.
Where Oakland University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Oakland University graduates compare to all programs nationally
Oakland University graduates earn $28k, placing them in the 22th percentile of all psychology bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Michigan
Psychology bachelors's programs at peer institutions in Michigan (36 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Oakland University | $28,026 | $41,537 | $24,510 | 0.87 |
| Spring Arbor University | $35,492 | $36,705 | $26,000 | 0.73 |
| Cornerstone University | $34,505 | $33,591 | $37,854 | 1.10 |
| Rochester University | $33,375 | $47,992 | $29,687 | 0.89 |
| Baker College | $32,913 | $34,935 | $41,688 | 1.27 |
| University of Michigan-Dearborn | $31,803 | $40,707 | $27,977 | 0.88 |
| National Median | $31,482 | — | $25,500 | 0.81 |
Other Psychology Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Spring Arbor University Spring Arbor | $32,580 | $35,492 | $26,000 |
| Cornerstone University Grand Rapids | $29,100 | $34,505 | $37,854 |
| Rochester University Rochester Hills | $27,938 | $33,375 | $29,687 |
| Baker College Owosso | $12,810 | $32,913 | $41,688 |
| University of Michigan-Dearborn Dearborn | $14,944 | $31,803 | $27,977 |
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 Oakland University, approximately 30% 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 156 graduates with reported earnings and 232 graduates with debt data. Small samples may not be representative.