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 $26,789, and within five years of graduation, this average salary goes up to $40,099.

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


Discover what you’ll learn—and what you can do after you graduate.

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