Is the cost of this degree worth the salary it leads to?
After graduation, psychology graduates typically earn high salaries compared to the national average. Top earners make $71,206, while the bottom 20% make closer to $29,253. The median grad salary is $45,640.
Psychology graduate salaries over time
The typical early career salary for someone with a bachelor’s degree in psychology is $34,762, and within five years of graduation, this average salary goes up to $40,325.
This chart maps the average workforce wage by years of experience:
Wage ($USD)
Wage Range Median Wage
Years of work experience
Pro tip
Still unsure if a degree in psychology is your calling? Read our comprehensive guide on choosing a career
Vanderbilt University
Educational Leadership and Organizational Effectiveness Online M.Ed.
- Duration 15 months
- Part-time available
- Tuition $2,492/credit hour
- Format 100% online
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