Median Earnings (1yr)
$35,492
80th percentile
60th percentile in Michigan
Median Debt
$26,000
2% above national median

Analysis

Spring Arbor's psychology graduates are outearning nearly every other Michigan program in this field, with first-year earnings of $35,492—significantly above the state median of $30,100. That's a meaningful advantage in a market where psychology bachelor's degrees typically struggle financially. The program sits in the 80th percentile nationally, though the small graduate sample size (under 30) means individual outcomes could vary considerably from these medians.

The $26,000 debt load is reasonable, resulting in a debt-to-earnings ratio of 0.73 that's manageable compared to many psychology programs. Earnings do plateau rather than grow substantially (just 3% over four years to $36,705), but starting higher provides a buffer that many psychology graduates lack. Within Michigan's psychology landscape, this program delivers stronger initial positioning than nearly all competitors except Cornerstone University.

For parents worried about the financial viability of a psychology degree, this program offers better odds than most Michigan alternatives. The caveat is that small sample size—these numbers reflect fewer than 30 graduates, so they may not be as reliable as data from larger programs. Still, the combination of above-average starting earnings and manageable debt suggests graduates are finding reasonably solid entry points into careers or graduate programs, which is often the real goal with an undergraduate psychology degree.

Where Spring Arbor University Stands

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

Earnings Distribution

How Spring Arbor University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Spring Arbor University$35,492$36,705+3%
Rochester University$33,375$47,992+44%
Michigan State University$30,164$47,242+57%
Saginaw Valley State University$30,092$46,870+56%
Wayne State University$29,255$45,540+56%

Compare to Similar Programs in Michigan

Psychology bachelors's programs at peer institutions in Michigan (36 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spring Arbor UniversitySpring Arbor$32,580$35,492$36,705$26,0000.73
Cornerstone UniversityGrand Rapids$29,100$34,505$33,591$37,8541.10
Rochester UniversityRochester Hills$27,938$33,375$47,992$29,6870.89
Baker CollegeOwosso$12,810$32,913$34,935$41,6881.27
University of Michigan-DearbornDearborn$14,944$31,803$40,707$27,9770.88
Aquinas CollegeGrand Rapids$38,520$31,789$34,688$27,0000.85
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 Spring Arbor University, approximately 26% 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 22 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.