Analysis
The $28,256 starting salary tells only part of the story here—Fordham psychology graduates more than double their earnings within four years, jumping to $58,590. That 107% growth rate is exceptional and suggests graduates are either securing professional positions that take time to land or pursuing graduate training that pays off quickly. While the first-year number sits below both national and state medians (24th percentile nationally, 40th in New York), by year four these graduates have leapfrogged into much stronger territory.
The $26,000 debt load is reasonable and nearly identical to national and state benchmarks. With a debt-to-earnings ratio under 1.0 in the first year, graduates aren't facing crushing payments even during that low-earning initial period. The real question is what happens during those early years—whether students are working entry-level jobs while applying to grad school, or if they're in internships and training positions that lead to the substantial bump.
For parents willing to weather a potentially lean first year or two post-graduation, this trajectory looks promising. The degree clearly opens doors that take time to walk through, but Fordham's brand and New York location appear to create pathways that generic psychology programs don't. Just understand you're investing in a longer runway, not immediate financial returns.
Where Fordham University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Fordham 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 |
|---|---|---|---|
| Fordham University | $28,256 | $58,590 | +107% |
| Cornell University | $36,630 | $64,146 | +75% |
| 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $61,992 | $28,256 | $58,590 | $26,000 | 0.92 | |
| $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 Fordham University, approximately 21% 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 129 graduates with reported earnings and 175 graduates with debt data. Small samples may not be representative.