Analysis
Syracuse University's psychology program shows something unusual: graduates start near the national median but make substantial jumps within a few years. That first-year salary of $34,654 isn't spectacular—it lands at the 60th percentile among New York psychology programs—but by year four, earnings climb 55% to $53,593. That trajectory matters more than the starting point for long-term value.
The debt picture is reasonable at $26,865, creating a 0.78 ratio to first-year earnings that improves dramatically as salaries rise. Compared to most psychology programs, Syracuse keeps borrowing manageable (27th percentile nationally for debt) while delivering above-average outcomes. However, parents should note that even with this growth, graduates aren't reaching the $48,000+ earned at top New York programs like CUNY's Graduate School or Excelsior. The 16% Pell grant rate suggests Syracuse serves a relatively affluent student body, so families should consider whether they're paying a premium for the university's broader network and resources rather than purely financial returns.
For families who can afford Syracuse without excessive borrowing, the upward earnings momentum makes this program workable. The debt stays controlled while graduates gain ground quickly. Just understand you're not paying for top-tier psychology earnings—you're paying for a Syracuse degree that opens doors over time rather than immediately.
Where Syracuse University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Syracuse 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 |
|---|---|---|---|
| Syracuse University | $34,654 | $53,593 | +55% |
| 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 |
|---|---|---|---|---|---|
| $63,061 | $34,654 | $53,593 | $26,865 | 0.78 | |
| $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 Syracuse University, approximately 16% 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 229 graduates with reported earnings and 276 graduates with debt data. Small samples may not be representative.