Analysis
Ithaca College's psychology program stumbles out of the gate with first-year earnings nearly $4,000 below the national median, but something notable happens: graduates nearly double their income by year four, reaching $55,104βwell above both state and national benchmarks. This dramatic trajectory places the program in an unusual position: below-average initially but ultimately competitive, particularly within New York where it ranks at the 40th percentile despite stronger starting salaries elsewhere in the state.
The debt load of $23,250 is slightly lower than typical psychology programs, yielding a manageable 0.84 debt-to-earnings ratio in the first year. However, that metric improves substantially as earnings climb. The question for families is whether they're comfortable with a lean first year or two while graduates presumably build credentials or transition into better-paying roles. Given that psychology often serves as a springboard to graduate school or career pivots rather than immediate high earnings, this pattern isn't necessarily a red flagβmany grads may be pursuing additional education or entry-level positions before advancing.
For students planning to stay in New York after graduation, Ithaca delivers middle-of-the-pack value compared to state alternatives. The steep earnings growth suggests graduates eventually find their footing, but families should budget carefully for those first post-graduation years when income will be tight.
Where Ithaca College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Ithaca College 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 |
|---|---|---|---|
| Ithaca College | $27,814 | $55,104 | +98% |
| Cornell University | $36,630 | $64,146 | +75% |
| Fordham University | $28,256 | $58,590 | +107% |
| Binghamton University | $30,023 | $58,122 | +94% |
| 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)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,510 | $27,814 | $55,104 | $23,250 | 0.84 | |
| $7,410 | $48,299 | $41,272 | $19,462 | 0.40 | |
| β | $43,574 | β | $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 | β | $31,482 | β | $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 Ithaca College, approximately 19% 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 52 graduates with reported earnings and 73 graduates with debt data. Small samples may not be representative.