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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $32,580 | $35,492 | $36,705 | $26,000 | 0.73 | |
| $29,100 | $34,505 | $33,591 | $37,854 | 1.10 | |
| $27,938 | $33,375 | $47,992 | $29,687 | 0.89 | |
| $12,810 | $32,913 | $34,935 | $41,688 | 1.27 | |
| $14,944 | $31,803 | $40,707 | $27,977 | 0.88 | |
| $38,520 | $31,789 | $34,688 | $27,000 | 0.85 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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.