The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduating.
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
The total debt accrued by the median student at the time of graduation.
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Psychology master’s graduates in Michigan earn a weighted average salary of $49,430 3 years after graduation, placing them in the top 50% nationally.
Our psychology graduate rankings cover 7 of the 15 programs available in Michigan, accounting for 65% of total student graduates. We only include schools with sufficient earnings and/or debt data.
Cost of living is not considered when comparing states.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$58,284
Median earnings of all students 3 years after graduating.
Debt to earnings0.7
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$38,298
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$49,941
Median earnings of all students 3 years after graduating.
Debt to earnings0.7
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$34,142
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$56,852
Median earnings of all students 3 years after graduating.
Debt to earnings1.1
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$64,688
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$47,020
Median earnings of all students 3 years after graduating.
Debt to earnings1.0
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$47,216
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$39,729
Median earnings of all students 3 years after graduating.
Debt to earnings1.0
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$40,539
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$42,317
Median earnings of all students 3 years after graduating.
Debt to earnings1.3
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$54,666
The total debt accrued by the median student at the time of graduation.
The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Earnings$31,305
Median earnings of all students 3 years after graduating.
Debt to earnings1.5
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
Debt$46,924
The total debt accrued by the median student at the time of graduation.
How long does it take to pay down debt in psychology in Michigan?
Years
Under a year
The average debt accrued from a master's degree in psychology is covered by average graduate earnings in under a year.
How much do graduates with a master's degree in psychology earn in Michigan?
Salary
$49,430
The median master's degree in psychology graduate earns $49,430 3 years after graduating.
How much does a master's degree in psychology cost in Michigan?
Net cost
$17,755
The average annual cost of a master's degree in psychology is $17,755. This is the net cost and considers only students that have received Title IV funds.
A master's in teaching enhances skills, expands career opportunities, and equips educators with innovative teaching methods to support student success.
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