Median Earnings (1yr)
$28,890
28th percentile (40th in MI)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.93
Manageable
Sample Size
98
Adequate data

Analysis

Western Michigan's psychology program starts below average but shows impressive momentum, with graduates seeing 35% earnings growth by year four. While first-year earnings of $28,890 lag behind Michigan's median of $30,100 (placing this in the 40th percentile statewide), the climb to $38,906 by year four represents strong career trajectory. This pattern suggests graduates may need patience as they establish themselves professionally, but the program appears to prepare students for meaningful advancement.

The financial picture is manageable despite the modest starting salary. At $27,000, debt matches the state median and falls well below the national benchmark, creating a debt-to-earnings ratio under 1.0 even in that challenging first year. Given WMU's 85% admission rate and relatively low tuition, this accessibility matters—psychology programs at smaller Michigan schools show higher early earnings, but often come with steeper price tags and more selective admissions.

For families comfortable with a lean first year or two post-graduation, this program offers solid value. The real question is whether your student has concrete career plans that will leverage that four-year earnings growth. Psychology BAs often require graduate work or strategic entry-level positioning to reach their potential, so success here depends on intentional career planning from day one.

Where Western Michigan University Stands

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

Western Michigan 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 Western Michigan University graduates compare to all programs nationally

Western Michigan University graduates earn $29k, placing them in the 28th 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
Western Michigan University$28,890$38,906$27,0000.93
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 Western Michigan University, approximately 25% 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 98 graduates with reported earnings and 137 graduates with debt data. Small samples may not be representative.