Analysis
Cornell's psychology program manages what few elite universities achieve: combining prestige with genuinely superior financial outcomes. While the first-year salary of $36,630 might disappoint given Cornell's 8% admission rate and 1520 average SAT, the 75% earnings jump by year four tells a different story. At $64,146, graduates are earning double what typical psychology majors make nationally and significantly outperforming the $31,548 New York state median.
The debt picture is exceptional—just $14,157 against a national psychology median of $25,500. That 0.39 debt-to-earnings ratio ranks in the 95th percentile nationally, meaning Cornell psychology students carry less debt than 95% of their counterparts elsewhere. This matters enormously in a field where many graduates pursue additional education or lower-paying public service roles early in their careers.
What's striking is that even at the 60th percentile within New York, Cornell is comfortably ahead of the state median, and the earnings trajectory suggests Cornell's network and credential increasingly pay dividends over time. For families who can manage an Ivy League price tag (note the low 18% Pell grant rate), this program delivers both the Cornell name and measurably better financial outcomes than most psychology degrees—a rare combination in the liberal arts.
Where Cornell University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Cornell University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Cornell University | $36,630 | $64,146 | +75% |
| Fordham University | $28,256 | $58,590 | +107% |
| Binghamton University | $30,023 | $58,122 | +94% |
| Ithaca College | $27,814 | $55,104 | +98% |
| CUNY Bernard M Baruch College | $35,149 | $54,967 | +56% |
Compare to Similar Programs in New York
Psychology bachelors's programs at peer institutions in New York (92 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $66,014 | $36,630 | $64,146 | $14,157 | 0.39 | |
| $7,410 | $48,299 | $41,272 | $19,462 | 0.40 | |
| — | $43,574 | — | $28,914 | 0.66 | |
| $7,352 | $39,868 | $41,004 | $11,700 | 0.29 | |
| $7,630 | $39,188 | $40,013 | $29,050 | 0.74 | |
| $21,810 | $38,918 | $37,736 | $20,500 | 0.53 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 Cornell University, approximately 18% 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 54 graduates with reported earnings and 48 graduates with debt data. Small samples may not be representative.