Median Earnings (1yr)
$27,933
13th percentile (25th in NJ)
Median Debt
$25,358
18% above national median
Debt-to-Earnings
0.91
Manageable
Sample Size
23
Limited data

Analysis

A first-year salary under $28,000 creates immediate financial pressure when you're carrying over $25,000 in debt. Centenary's psychology research program graduates earn roughly $10,000 less than the typical New Jersey graduate in this field and trail the national median by nearly $7,000. With a debt-to-earnings ratio of 0.91, graduates face nearly a full year's salary in loans—a burden that will strain any entry-level budget, especially in New Jersey's high cost-of-living environment.

The small sample size here matters. With fewer than 30 graduates tracked, one or two students taking gap years or pursuing unpaid research positions could significantly skew these numbers downward. However, the pattern is concerning enough to warrant serious questions during your campus visit: What career support does the department provide? Where do most graduates actually end up working? Are students being adequately prepared for the job market, or primarily funneled toward graduate school?

If your child is considering this path, understand that research psychology at the bachelor's level rarely leads to high-paying positions without further education. The question becomes whether Centenary specifically prepares students well enough to justify both the cost and the apparent earnings gap compared to other New Jersey programs. You'd want compelling evidence—like strong graduate school placement rates or successful alumni connections—to overcome what the earnings data suggests.

Where Centenary University Stands

Earnings vs. debt across all research and experimental psychology bachelors's programs nationally

Centenary UniversityOther research and experimental psychology 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 Centenary University graduates compare to all programs nationally

Centenary University graduates earn $28k, placing them in the 13th percentile of all research and experimental psychology bachelors programs nationally.

Compare to Similar Programs in New Jersey

Research and Experimental Psychology bachelors's programs at peer institutions in New Jersey (6 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Centenary University$27,933—$25,3580.91
Princeton University$47,050———
National Median$34,768—$21,5000.62

Other Research and Experimental Psychology Programs in New Jersey

Compare tuition, earnings, and debt across New Jersey schools

SchoolIn-State TuitionEarnings (1yr)Debt
Princeton University
Princeton
$59,710$47,050—

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 Centenary University, approximately 38% 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 23 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.