Analysis
UW-Milwaukee's psychology program starts graduates at below-average Wisconsin earnings but demonstrates impressive momentum with 30% growth over four years. While first-year earnings of $33,906 place graduates in the 40th percentile statewide—trailing schools like Marian University by over $11,000—the program's trajectory suggests stronger long-term value than the initial numbers indicate.
The financial fundamentals are solid: a debt-to-earnings ratio of 0.8 is manageable, and the $27,000 median debt sits right at Wisconsin's average while being lower than most psychology programs nationally. More importantly, earnings climb to $44,158 by year four, narrowing the gap with higher-ranked programs and exceeding national benchmarks by a meaningful margin.
For parents weighing this accessible option (88% admission rate), the program offers a reasonable path forward despite the modest starting salary. The robust sample size gives confidence in these outcomes, and the steady earnings growth suggests graduates develop marketable skills over time. While your child might earn less initially than peers at top-tier Wisconsin programs, the combination of manageable debt and strong earnings trajectory makes this a viable choice for psychology students.
Where University of Wisconsin-Milwaukee Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Wisconsin-Milwaukee 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 Wisconsin-Milwaukee | $33,906 | $44,158 | +30% |
| University of Wisconsin-Madison | $31,985 | $52,087 | +63% |
| Marquette University | $35,076 | $50,539 | +44% |
| Carthage College | $27,741 | $49,688 | +79% |
| Carroll University | $37,079 | $48,351 | +30% |
Compare to Similar Programs in Wisconsin
Psychology bachelors's programs at peer institutions in Wisconsin (30 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,020 | $33,906 | $44,158 | $27,000 | 0.80 | |
| $33,000 | $45,416 | — | $28,468 | 0.63 | |
| $32,286 | $42,355 | $42,673 | $38,866 | 0.92 | |
| $35,080 | $39,874 | $46,913 | $27,000 | 0.68 | |
| — | $39,596 | — | $27,562 | 0.70 | |
| $8,250 | $38,376 | $45,048 | $26,000 | 0.68 | |
| 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 Wisconsin-Milwaukee, 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.