Psychology at Florida Memorial University

Florida Memorial's psychology program serves a predominantly low-income student population (66% receive Pell grants), but the financial outcomes raise serious questions. Graduates start at $27,548—well below the state median of $29,702 and ranking in just the 40th percentile among Florida psychology programs. More troubling is the $32,500 median debt, which exceeds what students typically borrow for psychology degrees both in Florida ($24,562) and nationally ($25,500). You're essentially taking on above-average debt for below-average earnings.

There is a silver lining: earnings jump 35% by year four, reaching $37,061. That's a more robust trajectory than many psychology programs show. However, this data comes from a very small sample (under 30 graduates), which means individual outcomes vary widely and these numbers may not hold for future classes. For context, nearby alternatives like Trinity International Florida ($39,980) and Saint Leo ($36,139) show stronger starting salaries.

The core issue is straightforward—your child would graduate owing more than they'll earn in their first year, starting their career behind many Florida psychology graduates who borrowed less. Unless this specific institution offers compelling non-financial advantages (location, mission fit, support services), directing your student toward one of Florida's higher-performing psychology programs would likely reduce financial stress during those critical early career years.