How much debt do Mercy University psychology graduates have?

The median federal loan balance is $26,000, which ranks 42nd lowest of 65 psychology bachelor's programs in New York. That works out to about $276 a month over 10 years.

Is a psychology degree from Mercy University worth it?

It depends on your other options. Debt equals 80% of first-year earnings, against a national median of 78%. Compare the cost with other New York programs before deciding.

Mercy University Psychology (Bachelor's): Tuition, Graduate Salary, and Debt

Q: Do Mercy University psychology graduates stay in New York?

Most do. 90% (127 of 141) were working in New York one year after graduating.

Bachelor's in Psychology, General
Private nonprofit university
Dobbs Ferry, NY
About 125 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Mercy University psychology graduates earn about what psychology graduates earn nationally, $32,505 in their first year. The typical graduate leaves with $26,000 in federal loans, close to the national median of $25,624. Several New York programs report higher pay.

First-year earnings$32,50559th percentile of 875 programs nationally

Earnings after 5 years$49,34952% more than year one

Median federal debt$26,00042nd lowest of 65 New York programs

Debt-to-earnings80%New York median 75%, national 78%

How it compares

Each figure is the median for graduates of the program. The New York and national columns are the medians across all psychology bachelor's programs that report the figure.

	Mercy University	New York	National
Earnings, 1 year after graduating	$32,505	$31,351	$31,479
Earnings, 5 years after graduating	$49,349	$55,015	$49,019
Median federal debt at graduation	$26,000	$25,000	$25,624
Debt as share of first-year pay	80%	75%	78%
Programs compared		65	875

Five years out, Mercy University graduates earn about the national figure but about $5,666 less than the New York median. Several New York programs with higher debt show higher pay by the five-year mark.

Debt and first-year pay at every New York psychology program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the New York medians.

Mercy UniversityOther New York programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 52% between the first and fifth year.

Mercy University grads, year 1$32,505

Mercy University grads, year 5$49,349

All New York psychology grads, year 5$55,015

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $276 a month, or 10.2% of a graduate's typical monthly pay in the first year.

Two years into repayment (213 borrowers)	Share
Paid off in full	5% or less
Paying down the balance	10–14%
Paused payments (forbearance)	25–29%
In default	5% or less

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual. Separately, 55 parents took out Parent PLUS loans for these students, with a median of $14,368.

Where graduates work, and what the pay is worth

90% of graduates (127 of 141) were working in New York one year after graduating. Prices in the New York area are about 13% above the national average, so a $32,505 salary here buys what about $28,877 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to psychology, largest first. Pay is the median across all experience levels.

Clinical and Counseling Psychologists

$114,400

Median pay in New York. 8,420 people work in this job in New York. Nationally, jobs are projected to grow 12% from 2025 to 2035, with about 4,100 openings a year. Typical education to start: doctoral or professional degree.

Bottom 10%: $64,980Top 10%: $204,540

Social Science Research Assistants

$61,210

Median pay in New York. 3,040 people work in this job in New York. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 4,900 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $35,520Top 10%: $103,080

Industrial-Organizational Psychologists

$193,950

Median pay nationwide. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 300 openings a year. Typical education to start: master's degree.

About Mercy University

Tuition and fees	$22,880 / year
Average net price after aid	$14,072 / year
Admission rate	86%
Graduation rate (within 6 years)	46%
Undergraduate students	5,735

Psychology ranks 15th of 19 bachelor's programs at Mercy University by first-year earnings. The top three are Medical Laboratory Science ($101,516), Nursing ($90,933), and Information Technology ($55,745).

Other psychology bachelor's programs near Dobbs Ferry

School	Distance	Year 1 pay	Debt
Mercy UniversityDobbs Ferry, NY · private nonprofit		$32,505	$26,000
St. Thomas Aquinas CollegeSparkill, NY · private nonprofit	4 mi	$28,310	$23,000
University of Mount Saint VincentBronx, NY · private nonprofit	8 mi	$30,956	$26,000
Iona UniversityNew Rochelle, NY · private nonprofit	8 mi	$33,023	$26,000
Manhattanville UniversityPurchase, NY · private nonprofit	8 mi	$21,970	$25,000
SUNY Purchase CollegePurchase, NY · public	9 mi	$27,838	$24,250
Manhattan UniversityRiverdale, NY · private nonprofit	9 mi	$24,727	$26,000
Lehman CollegeBronx, NY · public	10 mi	$36,913	$10,250
Fordham UniversityBronx, NY · private nonprofit	11 mi	$28,256	$26,000

Common questions

The median graduate earns $32,505 one year after graduating and $49,349 five years after. The median across psychology bachelor's programs in New York is $31,351.

About this data

Earnings and debt only include students who received federal financial aid (grants or loans).
Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
Debt only includes federal loans. Private loans and credit cards are not counted.
Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of New York comparisons when their main campus is in another state.
Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the psychology program.

Sources

U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
Bureau of Labor Statistics, Employment Projections 2025 to 2035
Bureau of Economic Analysis, Regional Price Parities, 2024
NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

Psychology bachelor's programs in New York, ranked65 programs by pay and debt Psychology bachelor's programs in the US, ranked875 programs by pay and debt All Mercy University programs, ranked20 programs by pay and debt