Analysis
At $48,299 in first-year earnings, this psychology program beats the state median by more than $16,000—placing it in the 95th percentile among New York's 92 psychology programs. That's remarkable performance for a psychology bachelor's, a field that typically struggles to deliver strong earnings right out of college. The moderate debt of $19,462 is also well below both state and national averages, creating a debt-to-earnings ratio that most psychology graduates can only dream of. However, the sample size is moderate, so these outcomes represent 30-100 graduates rather than thousands.
The major red flag is the 14% earnings decline by year four, dropping to $41,272. This backward trajectory is unusual and worth investigating—it could reflect graduates leaving the workforce for graduate school (common in psychology) or transitioning to lower-paying but career-relevant positions. Still, even with this decline, fourth-year earnings exceed the typical first-year earnings for psychology graduates both nationally and in New York.
For parents worried about the notorious underemployment of psychology majors, this program delivers something different. Your child would start ahead of 95% of their peers nationwide and maintain that advantage even as earnings dip. The low debt means the downside risk is contained. Just understand that psychology careers often require graduate work for significant advancement, so factor that into your long-term planning.
Where CUNY Graduate School and University Center Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How CUNY Graduate School and University Center 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 |
|---|---|---|---|
| CUNY Graduate School and University Center | $48,299 | $41,272 | -15% |
| 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% |
Compare to Similar Programs in New York
Psychology bachelors's programs at peer institutions in New York (92 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $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 | |
| $7,358 | $38,701 | $51,937 | $11,000 | 0.28 | |
| 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 CUNY Graduate School and University Center, 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 47 graduates with reported earnings and 62 graduates with debt data. Small samples may not be representative.