Median Earnings (1yr)
$47,982
69th percentile
Median Debt
$28,400
42% above national median

Analysis

McAllister Institute graduates earn $48,000 in their first year—about 7% above the national median for funeral service programs and 3% above New York's state median. Among the four New York schools offering this program, McAllister ranks in the 60th percentile for earnings, which means it's solid but not the top performer in the state. The real story here is debt management: at $28,400, graduates borrow considerably more than the $20,000 national median, though the 0.59 debt-to-earnings ratio still falls within reasonable bounds for immediate repayment.

The 25% earnings growth from year one to year four is encouraging, taking graduates to nearly $60,000 by their fourth year in the field. This trajectory suggests the program prepares students for career advancement within funeral service, not just entry-level positions. However, that higher debt load means graduates will be directing more of those early paychecks toward loan payments compared to peers from lower-cost programs.

For families considering this New York City-based program, the calculus is straightforward: you're paying a premium for location and perhaps networking advantages in a dense market, but the earnings don't dramatically outpace cheaper alternatives. If your child can access this profession through a lower-debt path elsewhere, that's worth exploring. If McAllister's New York connections matter for where they want to build their career, the debt burden is manageable given the starting salary.

Where American Academy McAllister Institute of Funeral Service Stands

Earnings vs. debt across all funeral service and mortuary science associates's programs nationally

Earnings Distribution

How American Academy McAllister Institute of Funeral Service graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
American Academy McAllister Institute of Funeral Service$47,982$59,793+25%
FINE Mortuary College$52,580$56,293+7%
Tidewater Community College$39,431$55,536+41%
Worsham College of Mortuary Science$50,043$53,137+6%
Nassau Community College$44,695$52,078+17%

Compare to Similar Programs in New York

Funeral Service and Mortuary Science associates's programs at peer institutions in New York (4 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
American Academy McAllister Institute of Funeral ServiceNew York$20,018$47,982$59,793$28,4000.59
Nassau Community CollegeGarden City$6,330$44,695$52,078$11,9420.27
National Median$44,695$20,0000.45

Career Paths

Occupations commonly associated with funeral service and mortuary science graduates

Funeral Home Managers

Plan, direct, or coordinate the services or resources of funeral homes. Includes activities such as determining prices for services or merchandise and managing the facilities of funeral homes.

$59,420/yrJobs growth:Associate's degree

Morticians, Undertakers, and Funeral Arrangers

Perform various tasks to arrange and direct individual funeral services, such as coordinating transportation of body to mortuary, interviewing family or other authorized person to arrange details, selecting pallbearers, aiding with the selection of officials for religious rites, and providing transportation for mourners.

$59,420/yrJobs growth:Associate's degree

Embalmers

Prepare bodies for interment in conformity with legal requirements.

Crematory Operators

Operate crematory equipment to reduce human or animal remains to bone fragments in accordance with state and local regulations. Duties may include preparing the body for cremation and performing general maintenance on crematory equipment. May use traditional flame-based cremation, calcination, or alkaline hydrolysis.

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At American Academy McAllister Institute of Funeral Service, approximately 37% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 107 graduates with reported earnings and 132 graduates with debt data. Small samples may not be representative.