Analysis
Colgate's experimental psychology program outperforms most national competitors but lands squarely in the middle of New York's offerings—exactly where you'd expect for a selective liberal arts college. That $41,883 first-year salary beats 86% of similar programs nationwide and comes with notably low debt ($16,000 versus the $21,500 national median). The 0.38 debt-to-earnings ratio means graduates owe less than five months' salary, a manageable burden by any measure.
The challenge lies in New York's competitive landscape. Colgate trails Columbia and Barnard by substantial margins, and even peer institution Hamilton College edges it out slightly. At the 60th percentile statewide, this program performs adequately but not exceptionally for New York. For a school with a 12% admission rate and 1480 average SAT scores, some parents might expect stronger differentiation.
One critical caveat: the sample size here is small—under 30 graduates. These numbers could swing significantly year to year, so they're more suggestive than definitive. Still, the low debt burden provides meaningful downside protection. If your child is genuinely drawn to research psychology and Colgate's academic environment, the financial foundation is sound enough to pursue graduate school or entry-level positions without crushing debt. Just don't expect the degree alone to command premium salaries in those first years.
Where Colgate University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Earnings Distribution
How Colgate University graduates compare to all programs nationally
Compare to Similar Programs in New York
Research and Experimental Psychology bachelors's programs at peer institutions in New York (15 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,024 | $41,883 | — | $16,000 | 0.38 | |
| $69,045 | $53,156 | $56,899 | $20,500 | 0.39 | |
| $66,246 | $44,055 | — | $17,000 | 0.39 | |
| $65,740 | $39,880 | — | $17,450 | 0.44 | |
| $64,348 | $39,732 | $68,347 | $21,000 | 0.53 | |
| $60,438 | $37,512 | — | $21,499 | 0.57 | |
| National Median | — | $34,768 | — | $21,500 | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Colgate University, approximately 13% 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 21 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.