Analysis
Willamette's psychology program places graduates below both state and national medians for earnings, with first-year salaries of $29,678 trailing Oregon's median by nearly $3,000. Among Oregon's 19 psychology programs, this ranks in the 40th percentile—meaning graduates here earn less than the typical Oregon psychology major. The gap is even more pronounced when you compare to Oregon's top performers: Pacific University and Oregon State both start their psychology grads around $35,000, roughly 17% higher than Willamette.
The program does show strong earnings growth—a 43% jump to $42,378 by year four suggests graduates find their footing over time. The debt load of $24,547 is manageable, translating to a debt-to-earnings ratio of 0.83, which means graduates owe less than one year's starting salary. That's reasonable leverage by most standards.
The catch here is the tiny sample size (under 30 graduates), which means a few outliers could skew these numbers significantly. What we can say: if you're paying private school tuition at Willamette for a psychology degree, you're likely getting similar or slightly weaker early career outcomes compared to more affordable Oregon public options. The earnings trajectory improves, but the starting position matters when you're managing student debt and launching a career.
Where Willamette University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Willamette University 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 |
|---|---|---|---|
| Willamette University | $29,678 | $42,378 | +43% |
| Pacific University | $34,930 | $48,027 | +37% |
| Lewis & Clark College | $26,790 | $48,023 | +79% |
| University of Portland | $28,420 | $47,168 | +66% |
| Oregon State University | $34,736 | $44,498 | +28% |
Compare to Similar Programs in Oregon
Psychology bachelors's programs at peer institutions in Oregon (19 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,268 | $29,678 | $42,378 | $24,547 | 0.83 | |
| $54,466 | $34,930 | $48,027 | $27,000 | 0.77 | |
| $13,494 | $34,736 | $44,498 | $25,340 | 0.73 | |
| $12,594 | $34,736 | $44,498 | $25,340 | 0.73 | |
| $49,530 | $34,628 | — | $27,000 | 0.78 | |
| $11,025 | $34,038 | $43,164 | $23,448 | 0.69 | |
| 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 Willamette University, approximately 22% 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 24 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.