How much debt do University of Olivet psychology graduates have?

The median federal loan balance is $27,000, which ranks 11th lowest of 21 psychology bachelor's programs in Michigan. That works out to about $286 a month over 10 years.

Is a psychology degree from University of Olivet worth it?

It depends on your other options. Debt equals 105% of first-year earnings, against a national median of 78%. Compare the cost with other Michigan programs before deciding.

University of Olivet Psychology (Bachelor's): Tuition, Graduate Salary, and Debt

Q: Do University of Olivet psychology graduates stay in Michigan?

Most do. 100% (16 of 16) were working in Michigan one year after graduating.

Bachelor's in Psychology, General
Private nonprofit university
Olivet, MI
About 17 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

University of Olivet psychology graduates earn less than graduates of most psychology programs nationally, $25,656 in their first year. The typical graduate leaves with $27,000 in federal loans, close to the national median of $25,624. Several Michigan programs report higher pay.

First-year earnings$25,6569th percentile of 875 programs nationally

Median federal debt$27,00011th lowest of 21 Michigan programs

Debt-to-earnings105%Michigan median 88%, national 78%

How it compares

Each figure is the median for graduates of the program. The Michigan and national columns are the medians across all psychology bachelor's programs that report the figure.

	University of Olivet	Michigan	National
Earnings, 1 year after graduating	$25,656	$30,100	$31,479
Median federal debt at graduation	$27,000	$26,724	$25,624
Debt as share of first-year pay	105%	88%	78%
Programs compared		21	875

Debt and first-year pay at every Michigan psychology program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Michigan medians.

University of OlivetOther Michigan programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $286 a month, or 13.4% of a graduate's typical monthly pay in the first year.

Where graduates work, and what the pay is worth

100% of graduates (16 of 16) were working in Michigan one year after graduating. Prices in the Lansing area are about 5% below the national average, so a $25,656 salary here buys what about $27,009 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to psychology, largest first. Pay is the median across all experience levels.

Clinical and Counseling Psychologists

$84,730

Median pay in Michigan. 2,170 people work in this job in Michigan. Nationally, jobs are projected to grow 12% from 2025 to 2035, with about 4,100 openings a year. Typical education to start: doctoral or professional degree.

Bottom 10%: $61,290Top 10%: $134,980

Social Science Research Assistants

$60,210

Median pay in Michigan. 750 people work in this job in Michigan. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 4,900 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $41,970Top 10%: $82,870

Industrial-Organizational Psychologists

$193,950

Median pay nationwide. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 300 openings a year. Typical education to start: master's degree.

About University of Olivet

Tuition and fees	$34,068 / year
Average net price after aid	$21,393 / year
Admission rate	83%
Graduation rate (within 6 years)	35%
Undergraduate students	892

Psychology ranks 5th of 6 bachelor's programs at University of Olivet by first-year earnings. The top three are Insurance ($56,027), Criminal Justice ($48,328), and Business Administration ($37,035).

Other psychology bachelor's programs near Olivet

School	Distance	Year 1 pay	Debt
University of OlivetOlivet, MI · private nonprofit		$25,656	$27,000
Spring Arbor UniversitySpring Arbor, MI · private nonprofit	25 mi	$35,492	$26,000
Michigan StateEast Lansing, MI · public	30 mi	$30,164	$25,250
Kalamazoo CollegeKalamazoo, MI · private nonprofit	36 mi	$26,952	$24,650
Western Michigan UniversityKalamazoo, MI · public	37 mi	$28,890	$27,000
Calvin UniversityGrand Rapids, MI · private nonprofit	48 mi	$27,440	$23,767
Cornerstone UniversityGrand Rapids, MI · private nonprofit	50 mi	$34,505	$37,854
Aquinas CollegeGrand Rapids, MI · private nonprofit	51 mi	$31,789	$27,000
Baker CollegeOwosso, MI · private nonprofit	53 mi	$32,913	$41,688

Common questions

The median graduate earns $25,656 one year after graduating. The median across psychology bachelor's programs in Michigan is $30,100.

About this data

Earnings and debt only include students who received federal financial aid (grants or loans).
Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
Debt only includes federal loans. Private loans and credit cards are not counted.
Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Michigan comparisons when their main campus is in another state.
Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the psychology program.

Sources

U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
Bureau of Labor Statistics, Employment Projections 2025 to 2035
Bureau of Economic Analysis, Regional Price Parities, 2024
NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

Psychology bachelor's programs in Michigan, ranked21 programs by pay and debt Psychology bachelor's programs in the US, ranked875 programs by pay and debt All University of Olivet programs, ranked6 programs by pay and debt