Presented in partnership with Vanderbilt University — Peabody College

The cost of attending college or university seems to consistently trend upwards. And while it’s true that you have to be prepared to make a financial commitment to your post-secondary education, there are ways that you can reduce the overall cost. Plan ahead. Compare the costs and benefits of earning an associate degree versus a bachelor’s degree. Explore scholarship opportunities and financial aid. Become informed about available tax credits and deductions. And of course, investigate tuition fees at both public and private institutions. To help you get started, here are the typical costs for a psychology degree:

average yearly tuition as per the most recent US census data
$ 9,580 per year
Average in-state tuition in 2017

14% above average compared to other degrees

$ 23,158 per year
Average out-of-state tuition in 2017

15% above average compared to other degrees

$ 33,467 per year
Average private tuition in 2017

3% above average compared to other degrees

What do psychology graduates earn?

Psychology students make an average of $53,271 per year after graduation. This is 20% below average compared to other undergraduate degrees.

26% of psychology graduates are underpaid (those who make less than $40,000 per year.) This rate is high compared to other degrees across the country.

$ 53,271 per year
Average graduate salary in 2017

Bottom 16% of degrees

26%
% of people underpaid in 2019

25% above average compared to other degrees

Vanderbilt University

Multilingual Education Online M.Ed.

  • Duration 15 months
  • Part-time available
  • Tuition $2,492/credit hour
  • Format 100% online
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Satisfaction

Find out how happy the average psychology student is.

Read about Satisfaction