Analysis
FAMU's psychology program produces graduates earning just below Florida's median for this degree, though the manageable debt load prevents this from becoming a serious financial concern. Starting at $29,264 and climbing to $34,504 by year four, these earnings trail both state and national benchmarks by a few thousand dollars—but the $24,984 in typical debt means graduates owe less than a year's starting salary, a threshold many financial advisors consider reasonable.
The 18% earnings growth over four years suggests graduates find their footing in the job market, though they're still earning less than peers at larger Florida public universities like USF ($32,438) or private institutions like Saint Leo ($36,139). At 56% Pell grant recipients, FAMU serves a population for whom attending any four-year institution represents social mobility—and psychology majors here aren't facing the crushing debt that would undermine that opportunity. The selectivity (21% admission rate) also means your student earned admission to a competitive program.
The real question is whether your child has a clear path beyond the bachelor's degree. Psychology typically requires graduate school for the highest-earning career tracks, so these early-career earnings might be temporary for students planning on master's or doctoral programs. If they're stopping at a bachelor's and heading straight to work, this program sits firmly in the middle of the pack—not a standout opportunity, but not a financial trap either.
Where Florida Agricultural and Mechanical University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Florida Agricultural and Mechanical 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 |
|---|---|---|---|
| Florida Agricultural and Mechanical University | $29,264 | $34,504 | +18% |
| University of Miami | $30,417 | $47,513 | +56% |
| University of Florida-Online | $26,003 | $46,888 | +80% |
| University of Florida | $26,003 | $46,888 | +80% |
| Florida State University | $30,140 | $44,481 | +48% |
Compare to Similar Programs in Florida
Psychology bachelors's programs at peer institutions in Florida (44 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $5,785 | $29,264 | $34,504 | $24,984 | 0.85 | |
| $14,180 | $39,980 | — | $24,562 | 0.61 | |
| $28,360 | $36,139 | $35,931 | $32,461 | 0.90 | |
| $37,990 | $35,403 | $39,584 | $25,281 | 0.71 | |
| $6,410 | $32,438 | $40,991 | $21,267 | 0.66 | |
| $24,136 | $32,346 | $35,291 | $49,688 | 1.54 | |
| 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 Florida Agricultural and Mechanical University, approximately 56% 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 111 graduates with reported earnings and 143 graduates with debt data. Small samples may not be representative.