Analysis
Mercyhurst's psychology program shows modest earnings that fall below Pennsylvania's state median—graduates start around $32,000 but see solid growth to $43,000 by year four. That 34% earnings bump is encouraging, but the 40th percentile ranking among Pennsylvania schools means nearly two-thirds of in-state programs produce better early outcomes. With debt around $26,000, you're looking at a manageable but not impressive debt-to-earnings ratio of 0.82, roughly tracking with national averages.
The small sample size here (under 30 graduates) makes these numbers less reliable than data from larger programs. That matters when you're comparing to established Pennsylvania psychology programs: Bucknell and Gettysburg grads earn 50% more right out of school, and even mid-tier options like Drexel outpace Mercyhurst by $7,000 annually. The question for families is whether Mercyhurst's 83% admission rate and presumably more accessible environment justifies the earnings gap.
For a psychology degree that often requires graduate school anyway, starting $26,000 in debt isn't catastrophic—but you're not getting a bargain either. If your child is set on Mercyhurst for fit or location, this program won't derail their finances. But if affordability and ROI are priorities, exploring higher-ranked Pennsylvania programs or considering whether a less expensive state school could deliver similar outcomes makes sense.
Where Mercyhurst University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Mercyhurst 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 |
|---|---|---|---|
| Mercyhurst University | $31,868 | $42,829 | +34% |
| Dickinson College | $37,227 | $62,695 | +68% |
| Lafayette College | $36,235 | $60,657 | +67% |
| Lehigh University | $40,942 | $60,072 | +47% |
| Villanova University | $35,462 | $57,566 | +62% |
Compare to Similar Programs in Pennsylvania
Psychology bachelors's programs at peer institutions in Pennsylvania (83 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $44,510 | $31,868 | $42,829 | $26,000 | 0.82 | |
| $64,772 | $51,645 | $50,805 | $27,000 | 0.52 | |
| $64,230 | $50,040 | $50,611 | $27,000 | 0.54 | |
| $62,180 | $40,942 | $60,072 | $21,160 | 0.52 | |
| $60,663 | $39,866 | $51,752 | $30,000 | 0.75 | |
| $42,600 | $39,818 | $33,268 | $27,000 | 0.68 | |
| 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 Mercyhurst University, 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.