Median Earnings (1yr)
$29,255
31st percentile (40th in MI)
Median Debt
$26,087
2% above national median
Debt-to-Earnings
0.89
Manageable
Sample Size
263
Adequate data

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

Wayne State UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Wayne State University graduates compare to all programs nationally

Wayne State University graduates earn $29k, placing them in the 31th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wayne State University$29,255$45,540$26,0870.89
Spring Arbor University$35,492$36,705$26,0000.73
Cornerstone University$34,505$33,591$37,8541.10
Rochester University$33,375$47,992$29,6870.89
Baker College$32,913$34,935$41,6881.27
University of Michigan-Dearborn$31,803$40,707$27,9770.88
National Median$31,482—$25,5000.81

Other Psychology Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Spring Arbor University
Spring Arbor
$32,580$35,492$26,000
Cornerstone University
Grand Rapids
$29,100$34,505$37,854
Rochester University
Rochester Hills
$27,938$33,375$29,687
Baker College
Owosso
$12,810$32,913$41,688
University of Michigan-Dearborn
Dearborn
$14,944$31,803$27,977

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.