Analysis
Le Moyne's psychology graduates earn significantly more than typical psychology majors nationwide—$35,624 versus the national median of $31,482—while taking on only slightly more debt than average. However, within New York's competitive landscape, this program sits closer to the middle of the pack at the 60th percentile. The real question is whether that moderate advantage justifies attending a private institution that enrolls 30% Pell Grant students who likely face the same $27,000 debt burden.
The debt picture itself looks manageable: borrowing three-quarters of your first-year salary is reasonable by today's standards, and earnings jump 29% to $46,033 by year four. That growth trajectory suggests graduates are finding progressively better opportunities, moving beyond entry-level positions. Still, New York students have access to CUNY options where psychology majors earn $40,000-$48,000, potentially with lower debt loads at public tuition rates.
For families who value Le Moyne's smaller campus environment and can afford the private school premium, this program delivers modestly better-than-average outcomes. But if your decision hinges purely on financial return, compare the total cost of attendance here against SUNY schools or the higher-earning CUNY programs. The earnings are solid, but they may not justify private tuition unless other factors—campus culture, support services, location preferences—tip the scales.
Where Le Moyne College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Le Moyne 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 |
|---|---|---|---|
| Le Moyne College | $35,624 | $46,033 | +29% |
| Cornell University | $36,630 | $64,146 | +75% |
| Fordham University | $28,256 | $58,590 | +107% |
| Binghamton University | $30,023 | $58,122 | +94% |
| Ithaca College | $27,814 | $55,104 | +98% |
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 |
|---|---|---|---|---|---|
| $38,970 | $35,624 | $46,033 | $27,000 | 0.76 | |
| $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 Le Moyne College, approximately 30% 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 90 graduates with reported earnings and 164 graduates with debt data. Small samples may not be representative.