Analysis
UM-Dearborn psychology graduates start at roughly the Michigan median but pull ahead over time, with earnings jumping 28% by year four—faster growth than typical for psychology majors. Among Michigan's 36 psychology programs, this one ranks in the 60th percentile for earnings, outperforming the state median of $30,100 while maintaining debt ($27,977) close to the state average. The debt-to-earnings ratio of 0.88 means graduates owe less than one year's starting salary, which is manageable compared to many psychology programs where debt can exceed initial earnings significantly.
The real advantage here isn't the starting salary—it's competitive but not exceptional—but rather the trajectory. Hitting $40,707 by year four suggests these graduates are finding their footing in the labor market, possibly leveraging UM-Dearborn's Detroit-area connections or moving into roles that reward experience. While Spring Arbor leads Michigan programs with $35,492 starting salaries, UM-Dearborn's combination of reasonable debt and solid growth potential makes it a safer bet than programs with similar starting points but stagnant earnings.
For families considering this path, understand that psychology undergrads often need time to build earning power—many pursue graduate degrees or pivot into adjacent fields. UM-Dearborn's numbers suggest graduates are successfully making those transitions. The moderate debt load leaves room for future education without crippling financial pressure, which matters greatly in a field where a bachelor's degree is often just the first step.
Where University of Michigan-Dearborn Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Michigan-Dearborn 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 |
|---|---|---|---|
| University of Michigan-Dearborn | $31,803 | $40,707 | +28% |
| 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 |
|---|---|---|---|---|---|
| $14,944 | $31,803 | $40,707 | $27,977 | 0.88 | |
| $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 | |
| $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 University of Michigan-Dearborn, approximately 44% 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 96 graduates with reported earnings and 150 graduates with debt data. Small samples may not be representative.