CIP 4228 · Master's Degree · Northwestern

Clinical, Counseling and Applied Psychology at Northwestern

Federal outcomes for master's degree graduates of Northwestern. 267 completers in the most recent 4-year window (183 in the latest year alone). Median earnings 5 years after completion: $56,897.

MEDIAN EARNINGS · 5Y
$56,897
Illinois CIP-4 median $62,919
MEDIAN EARNINGS · 4Y
$49,198
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
$153,657
At program completion
COMPLETERS · 4Y WINDOW
267
183 most recent year
DEBT-TO-EARNINGS

What this program's debt costs its graduates

Annual debt service as a share of median 5-year-post-completion earnings, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation.

This program at Northwestern

36.0%
0%8% · GE20%+

Median federal debt $153,657 amortized over 10 years vs. median 5-year earnings $56,897.

Statewide CIP-4 peer median

32.5%
0%8% · GE20%+

Same debt against the Illinois CIP 4228 peer-median earnings $62,919.

SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142018$153,657
$153,657$123,38220142018
Median federal debt at program exit.FoS
COMPLETERS · 20142019267
2673520142019
Annual completers (IPEDS C).IPEDS
DEBT_MEDIAN · 20142018+25%

Clinical, Counseling and Applied Psychology at Northwestern · debt_median rose

123,382 → 153,657

ANNUAL COMPLETERS · 20142019+23%

Clinical, Counseling and Applied Psychology at Northwestern · annual completers rose

35 → 267

FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

NET PRESENT VALUE
$209,147
Over 40 years, discounted 5.0%
BREAKEVEN
Year 12
First year cumulative discounted earnings cross zero
graduationbreakeven · year 12year 0year 39
Cost per year
$6,485
HS-only baseline · IL
$38,300
Years to complete
6
CIP family
42

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →