Median Earnings (1yr)
$29,255
31st percentile
40th percentile in Michigan
Median Debt
$26,087
2% above national median

Analysis

Wayne State's psychology program starts graduates at just $29,255—below both state and national medians—but the story improves dramatically from there. Within four years, earnings jump 56% to $45,540, vaulting past not just the state median but also ahead of seemingly stronger programs like Rochester University and University of Michigan-Dearborn. This earnings trajectory suggests graduates who stay the course can overcome a sluggish start, though that first year will be financially tight.

The $26,087 in debt sits right at the national median, translating to roughly 90% of first-year earnings. For context, psychology graduates typically face challenging immediate job markets regardless of school. What distinguishes Wayne State is the reliable upward trajectory afterward—a pattern that may reflect Detroit's growing healthcare and social services sectors where psychology degrees find practical application. At 40th percentile within Michigan, this program sits squarely in the middle of state options, neither standout nor concerning.

The real calculation here: can your family weather that difficult first year when earnings barely crack $29,000? If so, the data suggests patience pays off. Wayne State serves a largely first-generation, working-class student body (43% on Pell grants), and these outcomes reflect graduates who build careers steadily rather than landing prestigious positions immediately. For families seeking affordable access to a legitimate career path—not quick payoff—this program delivers on that more modest promise.

Where Wayne State University Stands

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

Earnings Distribution

How Wayne State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wayne State University$29,255$45,540+56%
Rochester University$33,375$47,992+44%
Michigan State University$30,164$47,242+57%
Saginaw Valley State University$30,092$46,870+56%
Kalamazoo College$26,952$44,351+65%

Compare to Similar Programs in Michigan

Psychology bachelors's programs at peer institutions in Michigan (36 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wayne State UniversityDetroit$14,297$29,255$45,540$26,0870.89
Spring Arbor UniversitySpring Arbor$32,580$35,492$36,705$26,0000.73
Cornerstone UniversityGrand Rapids$29,100$34,505$33,591$37,8541.10
Rochester UniversityRochester Hills$27,938$33,375$47,992$29,6870.89
Baker CollegeOwosso$12,810$32,913$34,935$41,6881.27
University of Michigan-DearbornDearborn$14,944$31,803$40,707$27,9770.88
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 Wayne State University, approximately 43% 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 263 graduates with reported earnings and 438 graduates with debt data. Small samples may not be representative.