Median Earnings (1yr)
$47,982
69th percentile
Median Debt
$28,400
42% above national median
Debt-to-Earnings
0.59
Manageable
Sample Size
107
Adequate data

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

American Academy McAllister Institute of Funeral ServiceOther funeral service and mortuary science programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

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

American Academy McAllister Institute of Funeral Service graduates earn $48k, placing them in the 69th percentile of all funeral service and mortuary science associates programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
American Academy McAllister Institute of Funeral Service$47,982$59,793$28,4000.59
Nassau Community College$44,695$52,078$11,9420.27
National Median$44,695—$20,0000.45

Other Funeral Service and Mortuary Science Programs in New York

Compare tuition, earnings, and debt across New York schools

SchoolIn-State TuitionEarnings (1yr)Debt
Nassau Community College
Garden City
$6,330$44,695$11,942

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.