# Central Michigan University: Psychology (bachelor's)

Mount Pleasant, MI. IPEDS 169248, CIP 42.01. Page: https://educationguide.com/colleges/central-michigan-university/majors/psychology

## Graduate outcomes
- Median earnings 1 year after graduating: $31,166
- Median earnings 4 years after graduating: $53,422 (U.S. median for this major: $49,968 across 998 colleges)
- Median federal loan debt: $27,000 (U.S. median $25,490)
- Rank in MI: 5 of 23 colleges by 4-year earnings
- Versus the MI median for this major (23 colleges, $49,596): +$3,826
- Versus the U.S. median: +$3,454

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.43 years (average time graduates took). Earnings gain = $53,422 minus $33,411 for high school graduates ages 25-34 in MI (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $12,185 | $53,980 | 2.7 years |
| 30-48k | $12,139 | $53,776 | 2.7 years |
| 48-75k | $13,601 | $60,252 | 3.0 years |
| 75-110k | $16,269 | $72,072 | 3.6 years |
| 110k+ | $21,403 | $94,815 | 4.7 years |

Method: https://educationguide.com/how-we-score#value

## Psychology at MI colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Michigan State University | $56,040 | $25,250 | $19,680 | 81% |
| Concordia University Ann Arbor | $55,486 | $27,000 | $32,811 | 48% |
| Kalamazoo College | $54,747 | $24,650 | $19,072 | 76% |
| Calvin University | $54,412 | $23,767 | $22,992 | 74% |
| Central Michigan University | $53,422 | $27,000 | $17,597 | 59% |
| Hope College | $52,980 | $24,656 | $27,182 | 80% |
| Wayne State University | $52,435 | $26,087 | $12,766 | 58% |
| Alma College | $52,280 | $26,423 | $20,694 | 63% |
| Grand Valley State University | $51,460 | $25,187 | $16,317 | 67% |
| Western Michigan University | $50,655 | $27,000 | $15,273 | 58% |
| Saginaw Valley State University | $50,066 | $26,447 | $10,775 | 48% |
| Ferris State University | $49,596 | $27,125 | $8,624 | 47% |
| Eastern Michigan University | $48,346 | $28,403 | $15,407 | 46% |
| University of Michigan-Dearborn | $48,052 | $27,977 | $9,492 | 58% |
| Cornerstone University | $47,933 | $37,854 | $20,301 | 62% |
| Rochester University | $46,344 | $29,687 | $21,456 | 44% |
| Baker College | $46,049 | $41,688 | $13,157 | 36% |
| Aquinas College | $45,698 | $27,000 | $16,626 | 65% |
| Oakland University | $45,141 | $24,510 | $9,120 | 58% |
| Siena Heights University | $43,672 | $27,475 | $17,124 | 39% |
| Northern Michigan University | $43,349 | $22,727 | $14,085 | 52% |
| University of Michigan-Flint | $42,255 | $29,500 | $7,007 | 40% |
| Spring Arbor University | $41,167 | $26,000 | $19,353 | 64% |

## Careers
- Social Science Research Assistants (SOC 19-4061): median wage not reported metro, $60,210 MI, $61,990 U.S.; U.S. jobs 5% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).