Bachelor's+23% vs national median5,877 grads tracked
Psychology at University of Michigan
Ranked 12th of 424 bachelor's programs in Psychology by 5-year earnings.
Median · 1 year out
$37,187
middle 50%: $25,527 – $54,127
Median · 5 years out
$64,792
middle 50%: $46,197 – $89,630
Median · 10 years out
$89,893
middle 50%: $62,398 – $139,193
Salary trajectory
Median earnings vs the national median for Psychology (bachelor's) graduates.
This program (median)National median, same major & degreeMiddle 50% of graduates
Psychology majors at the University of Michigan earn $37k starting out. By year ten, median earnings reach $90k.
Source: U.S. Census Bureau PSEO, release V4.13.0 2025Q4. Earnings are for graduates working in covered states; figures are medians in nominal dollars.
Will the degree pay for itself?
Drag the sliders — payback uses this program's actual salary curve.
Assumes a 6.5% APR loan and this program's median salary trajectory (interpolated between years 1, 5 and 10).
Paid off in
6.8 yrs
≈ $8,168 total interest
Same major at other universities
University of Virginia
$65,701 · 5 yrs out
CUNY Bernard M. Baruch College
$65,579 · 5 yrs out
Georgia Institute of Technology
$65,498 · 5 yrs out
Sacred Heart University
$65,232 · 5 yrs out
Virginia Military Institute
$64,897 · 5 yrs out
Bryant University
$64,798 · 5 yrs out
Connecticut College
$64,308 · 5 yrs out
Binghamton University
$64,294 · 5 yrs out
Saint John's University
$63,451 · 5 yrs out
State University of New York at Farmingdale
$63,411 · 5 yrs out
University of Texas at Austin
$63,083 · 5 yrs out
University of Illinois Urbana-Champaign
$63,058 · 5 yrs out
Other majors at University of Michigan
Business, Management, Marketing, and Related Support Services (Doctorate)
$240,526 · 5 yrs out
Legal Professions and Studies (Doctorate)
$205,113 · 5 yrs out
Law (Doctorate)
$205,113 · 5 yrs out
Business, Management, Marketing, and Related Support Services (Master's)
$193,286 · 5 yrs out
Dentistry (Doctorate)
$162,338 · 5 yrs out
Pharmacy, Pharmaceutical Sciences, and Administration (Doctorate)
$151,020 · 5 yrs out
Engineering (Doctorate)
$148,552 · 5 yrs out
Health Professions and Related Programs (Doctorate)
$144,865 · 5 yrs out
Mathematics and Statistics (Master's)
$139,695 · 5 yrs out
Public Administration and Social Service Professions (Doctorate)
$137,588 · 5 yrs out
Computer and Information Sciences, General (Bachelor's)
$137,498 · 5 yrs out
Computer and Information Sciences and Support Services (Bachelor's)
$137,470 · 5 yrs out