Median Earnings (1yr)
$41,193
95th percentile
60th percentile in Iowa
Median Debt
$29,136
14% above national median

Analysis

Waldorf University's psychology program dramatically outperforms the national landscape—graduates earn $41,193 in their first year, placing them in the 95th percentile nationally and roughly $10,000 above the typical psychology bachelor's degree holder. That's rare for this field, where earnings often struggle to justify the investment. The debt load of $29,136 sits slightly above state and national medians but remains reasonable, with a debt-to-earnings ratio of 0.71 that's well within manageable territory.

Within Iowa, the picture is more nuanced. Waldorf ranks near the middle of the pack at the 60th percentile—trailing only Upper Iowa University among comparable programs and beating out established liberal arts colleges like Coe and Buena Vista. For a school with a 73% admission rate serving a substantial Pell-eligible population, these outcomes are notably strong. The 10% earnings growth over four years suggests graduates find stable footing in the job market rather than hitting an immediate ceiling.

For an anxious parent, this program offers something psychology degrees often don't: earnings that actually justify the credential. Your child would be borrowing less than one year's starting salary to access a program that clearly connects graduates to better-than-average opportunities. Among Iowa's 27 psychology programs, this represents a solid middle-tier choice with a track record of delivering results that exceed the dismal national norm for this major.

Where Waldorf University Stands

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

Earnings Distribution

How Waldorf University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Waldorf University$41,193$45,304+10%
Loras College$23,564$48,256+105%
Saint Ambrose University$32,627$46,127+41%
Luther College$30,302$46,087+52%
University of Iowa$33,057$45,188+37%

Compare to Similar Programs in Iowa

Psychology bachelors's programs at peer institutions in Iowa (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Waldorf UniversityForest City$25,220$41,193$45,304$29,1360.71
Upper Iowa UniversityFayette$19,000$42,183$40,524$41,4780.98
Coe CollegeCedar Rapids$52,576$37,072$37,384$27,0000.73
Buena Vista UniversityStorm Lake$40,190$35,559$34,524$32,5000.91
William Penn UniversityOskaloosa$28,750$35,122$27,4430.78
Grand View UniversityDes Moines$33,450$34,709$39,150$28,2000.81
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 Waldorf University, approximately 34% 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 65 graduates with reported earnings and 95 graduates with debt data. Small samples may not be representative.