Analysis
Wisconsin Lutheran College's psychology graduates earn substantially more than typical psychology majors nationwide, placing in the 95th percentile nationally. That $39,874 first-year salary beats the national median by more than $8,000—a meaningful difference for a field known for modest starting pay. However, the story shifts when you look closer to home: this program sits around the 60th percentile among Wisconsin psychology programs, where earnings are generally stronger than the national average. With only Marian and Lakeland substantially ahead, WLC holds its own against larger state universities.
The $27,000 debt load is reasonable for a private college, coming in slightly above the state median but well below what many private institutions saddle students with. That 0.68 debt-to-earnings ratio means graduates should be able to manage their payments, though psychology majors typically need graduate school for career advancement. The 18% earnings growth over four years suggests graduates are finding their footing, not just treading water in entry-level positions.
The major caveat here is sample size—fewer than 30 graduates means one or two high earners could skew the numbers upward. But taken at face value, this program appears to prepare students reasonably well for the limited career paths available to bachelor's-level psychology majors. If your child is committed to psychology and prefers a small Christian college environment, this looks defensible—just ensure they understand that advancing in this field almost certainly means grad school down the line.
Where Wisconsin Lutheran College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Wisconsin Lutheran College 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 |
|---|---|---|---|
| Wisconsin Lutheran College | $39,874 | $46,913 | +18% |
| University of Wisconsin-Madison | $31,985 | $52,087 | +63% |
| Marquette University | $35,076 | $50,539 | +44% |
| Carthage College | $27,741 | $49,688 | +79% |
| Carroll University | $37,079 | $48,351 | +30% |
Compare to Similar Programs in Wisconsin
Psychology bachelors's programs at peer institutions in Wisconsin (30 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $35,080 | $39,874 | $46,913 | $27,000 | 0.68 | |
| $33,000 | $45,416 | — | $28,468 | 0.63 | |
| $32,286 | $42,355 | $42,673 | $38,866 | 0.92 | |
| — | $39,596 | — | $27,562 | 0.70 | |
| $8,250 | $38,376 | $45,048 | $26,000 | 0.68 | |
| $8,487 | $38,262 | $41,077 | $24,833 | 0.65 | |
| 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 Wisconsin Lutheran College, 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.