Psychology

Psychology · federal classification: Psychology, General

Psychology graduates with a bachelor's typically earned about $49,609, measured a few years after finishing (median across US programs, College Scorecard).
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Median earnings by degree level

Earnings range across schools, by degree levelEach row is a degree level: the bar is the middle half of schools' program medians (25th to 75th percentile) and the dot is the overall median. Associate's median $39,052, $35,373 to $42,223; Bachelor's median $49,609, $44,901 to $54,707; Master's median $64,167, $57,192 to $72,403; Doctoral median $96,204, $83,422 to $110,654.$35k$73k$111kAssociate's$39,052Bachelor's$49,609Master's$64,167Doctoral$96,204
Earnings range across schools, by degree levelEach row is a degree level: the bar is the middle half of schools' program medians (25th to 75th percentile) and the dot is the overall median. Associate's median $39,052, $35,373 to $42,223; Bachelor's median $49,609, $44,901 to $54,707; Master's median $64,167, $57,192 to $72,403; Doctoral median $96,204, $83,422 to $110,654.$35k$73k$111kAssociate's$39,052Bachelor's$49,609Master's$64,167Doctoral$96,204
DegreeMedian earningsTypical rangeSchoolsClear the bar
Associate's Degree$39,052$35,373 to $42,22310471%
Bachelor's Degree$49,609$44,901 to $54,70799796%
Master's Degree$64,167$57,192 to $72,4039399%
Doctoral Degree$96,204$83,422 to $110,65440100%

"Clear the bar" is the share of programs whose graduates out-earn a typical high-school graduate (the federal earnings-premium test). Typical range is the 25th to 75th percentile of program medians.

Job outlook

Projected employment growth +5% (2025 to 2035), about 117,400 openings a year across the occupations this field commonly leads to.

OccupationMedian payGrowthOpenings/yr
Managers, All Other$141,900+4.9%100,900
Social Science Research Assistants$61,990+5%4,900
Clinical and Counseling Psychologists$100,580+11.7%4,100
Psychology Teachers, Postsecondary$80,340+4%3,700
Psychologists, All Other$110,840+2.3%3,500
Industrial-Organizational Psychologists$193,950+6.5%300

Occupation pay and outlook: U.S. Bureau of Labor Statistics (OEWS wages, Employment Projections). A field maps to several occupations, and the same occupations serve many majors, so these are the jobs this major commonly leads to, not positions reserved for its graduates; the openings should not be added up across majors.

Where this is studied

The 8 colleges where the most students complete a psychology program, of 1,581 that report one. Ordered by number of completions only: this is where people study it, not a judgement about where to.

Earnings source: U.S. Department of Education College Scorecard (release 2026-06-10), median earnings of graduates measured up to four years after completing. Figures describe past graduates and are never a promise. Method: methodology. Report an error.