Analysis
Based on comparable psychology programs in New York, Pace's bachelor's graduates can expect around $38,600 in first-year earnings—a figure that lands right at the state median but trails elite programs like Columbia and Barnard by $10,000 to $15,000. The estimated $21,000 in debt creates a manageable debt-to-earnings ratio of 0.54, meaning graduates would owe about half their annual salary. That's reasonable by today's standards, though it assumes steady employment in a field where psychology bachelor's holders often need graduate degrees to maximize earning potential.
The challenge here isn't the debt load—it's what you're getting for it. Similar New York programs produce graduates earning in this mid-to-upper $30,000s range, which represents fairly typical entry-level outcomes for psychology majors nationwide. With a 77% admission rate and moderately selective profile, Pace sits in the broad middle tier of schools offering this degree. The real question is whether your student plans to stop at the bachelor's level or continue to graduate school, since research psychology typically requires advanced training for career advancement. If graduate school is the plan, managing undergraduate debt becomes even more critical.
For families considering Pace specifically, the estimated figures suggest this program performs similarly to peer institutions across New York—neither a standout bargain nor a particularly expensive option. Just remember these numbers reflect statewide patterns, not Pace's verified outcomes.
Where Pace University Stands
Earnings vs. debt across all research and experimental psychology bachelors's programs nationally
Compare to Similar Programs in New York
Research and Experimental Psychology bachelors's programs at peer institutions in New York (15 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,424 | $38,622* | — | $21,000* | — | |
| $69,045 | $53,156* | $56,899 | $20,500* | 0.39 | |
| $66,246 | $44,055* | — | $17,000* | 0.39 | |
| $67,024 | $41,883* | — | $16,000* | 0.38 | |
| $65,740 | $39,880* | — | $17,450* | 0.44 | |
| $64,348 | $39,732* | $68,347 | $21,000* | 0.53 | |
| National Median | — | $34,768* | — | $21,500* | 0.62 |
Career Paths
Occupations commonly associated with research and experimental psychology graduates
Statisticians
Biostatisticians
Medical Scientists, Except Epidemiologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Health Specialties Teachers, Postsecondary
Child, Family, and School Social Workers
Managers, All Other
Compliance Managers
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 Pace University, approximately 27% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 10 similar programs in NY. Actual outcomes may vary.