Michigan State University Psychology: earnings, debt & careers

Psychology graduates of Michigan State University earn a median $56,040 four years after graduating ($30,164 after one year), with median federal loan debt of $25,250. That is $6,072 above the U.S. median for Psychology graduates ($49,968 across 998 colleges), and ranks 1st of 23 Michigan colleges.

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Earnings, 4 years after graduating
$56,040

U.S. median for this major: $49,968.

College Scorecard field of study; 374 graduates with earnings reported

Earnings, 1 year after
$30,164

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$25,250

About 45% of median earnings 4 years out. U.S. median $25,490.

College Scorecard field of study (federal loans)

What your family pays
$19,680 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $32,198. College Scorecard.

MSU Psychology: pay against the field, and payback

Same major, other colleges

MSU graduates$56,040
Michigan median (23 colleges)$49,596 (+$6,444)
U.S. median (998 colleges)$49,968 (+$6,072)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Psychology nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses MSU's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$7,068$29,9681.3 years
$30–48k$10,830$45,9192.0 years
$48–75k$16,521$70,0493.1 years
$75–110k$22,703$96,2614.3 years
$110k+$28,546$121,0355.3 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (65% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Psychology graduates 4 years after graduating ($56,040) minus $33,411 for high school graduates ages 25-34 in MI (Census ACS 2020-2024), a gain of $22,629 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Psychology at Michigan colleges

Every Michigan college we cover that reports Psychology graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1Michigan State University$56,040$25,250$19,68081%
2Concordia University Ann Arbor$55,486$27,000$32,81148%
3Kalamazoo College$54,747$24,650$19,07276%
4Calvin University$54,412$23,767$22,99274%
5Central Michigan University$53,422$27,000$17,59759%
6Hope College$52,980$24,656$27,18280%
7Wayne State University$52,435$26,087$12,76658%
8Alma College$52,280$26,423$20,69463%
9Grand Valley State University$51,460$25,187$16,31767%
10Western Michigan University$50,655$27,000$15,27358%
11Saginaw Valley State University$50,066$26,447$10,77548%
12Ferris State University$49,596$27,125$8,62447%
13Eastern Michigan University$48,346$28,403$15,40746%
14University of Michigan-Dearborn$48,052$27,977$9,49258%
15Cornerstone University$47,933$37,854$20,30162%
16Rochester University$46,344$29,687$21,45644%
17Baker College$46,049$41,688$13,15736%
18Aquinas College$45,698$27,000$16,62665%
19Oakland University$45,141$24,510$9,12058%
20Siena Heights University$43,672$27,475$17,12439%
21Northern Michigan University$43,349$22,727$14,08552%
22University of Michigan-Flint$42,255$29,500$7,00740%
23Spring Arbor University$41,167$26,000$19,35364%

13 more Michigan colleges offer Psychology but have too few graduates to report earnings.

Careers for Psychology graduates

Social Science Research Assistants

Lansing area$64,220
Michigan$60,210
U.S.$61,990

Median annual wage, all workers. U.S. jobs +5.0% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at MSU, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About MSU

Related majors at MSU

MSU Psychology questions

How much do MSU Psychology graduates earn?

Psychology graduates of Michigan State University earn a median $56,040 four years after graduating and $30,164 one year after. The U.S. median for Psychology graduates across 998 colleges is $49,968.

How much debt do MSU Psychology graduates have?

The median federal loan debt for Psychology graduates of Michigan State University is $25,250, about 45% of their median earnings four years out. Nationally the median is $25,490.

Is MSU a good school for Psychology in Michigan?

On pay, Psychology graduates of Michigan State University earn $56,040 four years out, $6,444 above the median for the same major across 23 Michigan colleges ($49,596) and $6,072 above the U.S. median ($49,968). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does MSU rank for Psychology in Michigan?

Of 23 Michigan colleges reporting Psychology graduate earnings, Michigan State University ranks 1st, the highest.

What jobs do Psychology graduates get?

A common career is social science research assistants, with a median wage of $64,220 in the Lansing-East Lansing, MI area and $61,990 nationally.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Michigan State University Psychology: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/michigan-state-university/majors/psychology (College Scorecard and BLS data).