Median Earnings (1yr)
$30,565
42nd percentile
40th percentile in Illinois
Median Debt
$17,500
31% below national median

Analysis

What happens when strong earnings growth meets exceptional debt management? UIC's psychology program shows graduates earning $30,565 initially but jumping to $47,000 by year fourโ€”a solid 54% increase that outpaces most bachelor's programs. More impressive is the debt picture: at just $17,500, UIC ranks in the 95th percentile nationally for low debt, meaning 95% of psychology programs leave students with higher debt loads.

The tradeoff becomes clear when comparing to Illinois competitors. While UIC graduates start below the state median of $32,287 and trail programs like Northwestern ($44,088) and St. Augustine College ($42,911), they're carrying significantly less debt than the typical Illinois psychology graduate ($25,511 versus $17,500). This creates a manageable debt-to-earnings ratio of 0.57โ€”well below concerning thresholds.

For families prioritizing financial sustainability over prestige, UIC delivers strong value. The robust earnings trajectory suggests graduates build marketable skills, while the low debt burden provides flexibility for graduate school or career pivots common in psychology. With 50% of students receiving Pell grants, UIC clearly serves cost-conscious families effectively, making this a sensible choice for students planning psychology careers without the burden of excessive debt.

Where University of Illinois Chicago Stands

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

Earnings Distribution

How University of Illinois Chicago graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Illinois Chicago$30,565$47,000+54%
Northwestern University$44,088$61,389+39%
Loyola University Chicago$32,463$52,586+62%
Augustana College$29,801$50,244+69%
Illinois State University$32,104$49,195+53%

Compare to Similar Programs in Illinois

Psychology bachelors's programs at peer institutions in Illinois (52 total in state)

Scroll to see more โ†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Illinois ChicagoChicago$14,338$30,565$47,000$17,5000.57
Northwestern UniversityEvanston$65,997$44,088$61,389$14,5000.33
St. Augustine CollegeChicago$13,288$42,911โ€”$5,0500.12
Trinity International University-IllinoisDeerfield$12,320$39,980โ€”$24,5620.61
The Chicago School at ChicagoChicago$20,844$39,596โ€”$40,6451.03
National Louis UniversityChicago$12,345$35,798โ€”$37,1701.04
National Medianโ€”$31,482โ€”$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 University of Illinois Chicago, approximately 50% 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 478 graduates with reported earnings and 513 graduates with debt data. Small samples may not be representative.