Analysis
St. Petersburg College's funeral service program produces graduates who earn nearly $49,000 in their first year—placing them at the 74th percentile nationally and matching the Florida median for mortuary programs. With just three schools offering this degree in Florida, the state comparison has limited utility, but the national picture is clear: this program outperforms roughly three-quarters of similar programs across the country while keeping debt well below the typical burden.
The debt-to-earnings ratio of 0.47 is particularly favorable for an associate degree in a specialized field. Graduates borrow about $23,000, which they could theoretically pay off in half a year's salary—a manageable load for entering a stable profession with predictable career paths. The relatively low debt (24th percentile nationally means lower than most) matters significantly in funeral service, where career advancement often means business ownership rather than dramatic salary increases.
For students certain about this career path, the economics work well. The funeral service industry offers job security and decent starting pay, and SPC provides training at a reasonable price point. Just understand you're paying for vocational training with clear but modest earning potential, not a credential that typically leads to substantial income growth over time.
Where St Petersburg College Stands
Earnings vs. debt across all funeral service and mortuary science associates's programs nationally
Earnings Distribution
How St Petersburg College graduates compare to all programs nationally
Compare to Similar Programs Nationally
Funeral Service and Mortuary Science associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $2,682 | $48,929 | — | $22,898 | 0.47 | |
| $19,325 | $52,580 | $56,293 | $34,677 | 0.66 | |
| $4,308 | $50,953 | $39,709 | $22,675 | 0.45 | |
| — | $50,340 | $46,147 | $21,812 | 0.43 | |
| $24,800 | $50,043 | $53,137 | $15,333 | 0.31 | |
| $5,040 | $49,566 | $44,675 | — | — | |
| National Median | — | $44,695 | — | $20,000 | 0.45 |
Career Paths
Occupations commonly associated with funeral service and mortuary science graduates
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 St Petersburg College, approximately 33% 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 32 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.