Analysis
A $24,000 first-year salary for a psychology degree should alarm any parent. Fairleigh Dickinson-Florham's psychology graduates earn less than 95% of psychology majors nationally—that's bottom-tier performance. Even within New Jersey, where this program lands at the 25th percentile, nearby alternatives like Montclair State ($33,432) and William Paterson ($32,418) deliver 35-40% higher starting salaries at similar debt levels. The concerning part isn't just the low start; it's that graduates are barely scraping by during those crucial first years when loan payments begin.
The dramatic earnings jump to $47,000 by year four suggests many graduates eventually find their footing, likely by pursuing graduate degrees or pivoting to different career paths. But that 96% growth means spending years significantly underemployed relative to peers. At a school with a 95% acceptance rate and modest Pell grant enrollment, you're not getting specialized career services or alumni networks that justify this performance gap.
The math is straightforward: your child would start $8,000 behind New Jersey's median psychology graduate and $10,000 behind comparable state schools. Unless Florham offers something uniquely compelling—specific faculty, location advantages, or a clear graduate school pipeline—this represents poor value compared to public alternatives that cost less and deliver better immediate outcomes.
Where Fairleigh Dickinson University-Florham Campus Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Fairleigh Dickinson University-Florham Campus 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 |
|---|---|---|---|
| Fairleigh Dickinson University-Florham Campus | $23,969 | $46,962 | +96% |
| The College of New Jersey | $28,920 | $57,068 | +97% |
| Rider University | $38,118 | $52,513 | +38% |
| Monmouth University | $28,590 | $50,107 | +75% |
| Rutgers University-Camden | $31,280 | $49,641 | +59% |
Compare to Similar Programs in New Jersey
Psychology bachelors's programs at peer institutions in New Jersey (25 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $35,822 | $23,969 | $46,962 | $24,966 | 1.04 | |
| $38,900 | $38,118 | $52,513 | $27,000 | 0.71 | |
| $37,110 | $36,117 | $45,248 | $22,375 | 0.62 | |
| $14,766 | $33,432 | $46,064 | $25,000 | 0.75 | |
| $24,820 | $32,637 | $39,092 | $35,853 | 1.10 | |
| $15,150 | $32,418 | $44,968 | $25,000 | 0.77 | |
| 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 Fairleigh Dickinson University-Florham Campus, approximately 35% 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 94 graduates with reported earnings and 192 graduates with debt data. Small samples may not be representative.