Psychology
Psychology · federal classification: Psychology, General
Median earnings by degree level
| Degree | Median earnings | Typical range | Schools | Clear the bar |
|---|---|---|---|---|
| Associate's Degree | $39,201 | $35,286 to $42,484 | 107 | 71% |
| Bachelor's Degree | $49,543 | $44,852 to $54,460 | 1079 | 96% |
| Master's Degree | $65,760 | $58,231 to $75,549 | 105 | 99% |
| Doctoral Degree | $95,771 | $85,091 to $109,867 | 45 | 100% |
"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 +4% (2024 to 2034), about 125,000 openings a year across the occupations this field commonly leads to.
| Occupation | Median pay | Growth | Openings/yr |
|---|---|---|---|
| Managers, All Other | $136,550 | +4.5% | 106,700 |
| Social Science Research Assistants | $58,040 | +4.4% | 5,200 |
| Clinical and Counseling Psychologists | $95,830 | +11.2% | 4,800 |
| Psychology Teachers, Postsecondary | $80,330 | +3.6% | 4,000 |
| Psychologists, All Other | $117,580 | +4.3% | 3,900 |
| Industrial-Organizational Psychologists | $109,840 | +6.3% | 400 |
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.
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.