Best Value Colleges for Psychology Majors

Jeb Bush may not have a lot of compliments for psychology majors, but the truth is that you can get a job as a psych major, and you can make money; you just have to be smart about where you choose to go to school.

Read more

FIND OUT EXACTLY WHAT YOU SHOULD BE PAID

Rank
School Name
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
20 Year Net ROI
 
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Graduation Rate
% of full-time, first-time degree seeking undergrad students who began their studies at the given school and graduate within 6 years. Source: IPEDS
Typical Years to Graduate
# of years it takes for at least 65 percent of graduates from a given school to receive their diplomas. Source: IPEDS
Average Loan Amount
Received by full-time, first-time degree seeking undergrad students, multiplied to represent amount over four years. Includes all Title IV loans and all institutionally- and privately-sponsored student loans. Source: IPEDS
% Grant Money Received
% of full-time, first-time undergrads who received local, state, federal, or institutional grant aid in the 2012-2013 academic year. Source: IPEDS
16.6%N/A14.5%N/A$660,000N/A$853,000N/A$254,000N/A97%4$27,40016%
1Harvard University(Private)
Annual ROI6.6%
Annual ROIN/A
Annual ROI14.5%
Annual ROIN/A
20 Year Net ROI$660,000
20 Year Net ROIN/A
20 Year Net ROI$853,000
20 Year Net ROIN/A
Total 4 Year Cost$254,000
Total 4 Year CostN/A
Grad Rate97%
Time to Graduate4
Loan Amt$27,400
Grant Money Received16%
26.3%N/A14.0%N/A$612,000N/A$803,000N/A$255,000N/A94%4$32,20013%
2Stanford University(Private)
Annual ROI6.3%
Annual ROIN/A
Annual ROI14.0%
Annual ROIN/A
20 Year Net ROI$612,000
20 Year Net ROIN/A
20 Year Net ROI$803,000
20 Year Net ROIN/A
Total 4 Year Cost$255,000
Total 4 Year CostN/A
Grad Rate94%
Time to Graduate4
Loan Amt$32,200
Grant Money Received13%
36.1%N/A11.4%N/A$579,000N/A$739,000N/A$257,000N/A96%4$28,70013%
3Brown University(Private)
Annual ROI6.1%
Annual ROIN/A
Annual ROI11.4%
Annual ROIN/A
20 Year Net ROI$579,000
20 Year Net ROIN/A
20 Year Net ROI$739,000
20 Year Net ROIN/A
Total 4 Year Cost$257,000
Total 4 Year CostN/A
Grad Rate96%
Time to Graduate4
Loan Amt$28,700
Grant Money Received13%
48.3%9.2%12.5%14.7%$542,000$563,000$616,000$638,000$139,000$118,00092%4$23,90023%
4University of California-Berkeley(In-State)
Annual ROI8.3%
Annual ROI9.2%
Annual ROI12.5%
Annual ROI14.7%
20 Year Net ROI$542,000
20 Year Net ROI$563,000
20 Year Net ROI$616,000
20 Year Net ROI$638,000
Total 4 Year Cost$139,000
Total 4 Year Cost$118,000
Grad Rate92%
Time to Graduate4
Loan Amt$23,900
Grant Money Received23%
55.8%N/A13.1%N/A$539,000N/A$731,000N/A$261,000N/A98%4$21,50017%
5Yale University(Private)
Annual ROI5.8%
Annual ROIN/A
Annual ROI13.1%
Annual ROIN/A
20 Year Net ROI$539,000
20 Year Net ROIN/A
20 Year Net ROI$731,000
20 Year Net ROIN/A
Total 4 Year Cost$261,000
Total 4 Year CostN/A
Grad Rate98%
Time to Graduate4
Loan Amt$21,500
Grant Money Received17%
65.7%5.7%10.0%10.0%$527,000$527,000$669,000$669,000$258,000$258,00094%4$32,10015%
6Cornell University(Private)
Annual ROI5.7%
Annual ROI5.7%
Annual ROI10.0%
Annual ROI10.0%
20 Year Net ROI$527,000
20 Year Net ROI$527,000
20 Year Net ROI$669,000
20 Year Net ROI$669,000
Total 4 Year Cost$258,000
Total 4 Year Cost$258,000
Grad Rate94%
Time to Graduate4
Loan Amt$32,100
Grant Money Received15%
75.5%N/A11.9%N/A$508,000N/A$691,000N/A$265,000N/A97%4$24,70015%
7Dartmouth College(Private)
Annual ROI5.5%
Annual ROIN/A
Annual ROI11.9%
Annual ROIN/A
20 Year Net ROI$508,000
20 Year Net ROIN/A
20 Year Net ROI$691,000
20 Year Net ROIN/A
Total 4 Year Cost$265,000
Total 4 Year CostN/A
Grad Rate97%
Time to Graduate4
Loan Amt$24,700
Grant Money Received15%
85.5%5.5%11.5%11.5%$497,000$497,000$673,000$673,000$262,000$262,00095%4$28,60014%
8University of Pennsylvania(Private)
Annual ROI5.5%
Annual ROI5.5%
Annual ROI11.5%
Annual ROI11.5%
20 Year Net ROI$497,000
20 Year Net ROI$497,000
20 Year Net ROI$673,000
20 Year Net ROI$673,000
Total 4 Year Cost$262,000
Total 4 Year Cost$262,000
Grad Rate95%
Time to Graduate4
Loan Amt$28,600
Grant Money Received14%
95.3%5.3%8.9%8.9%$483,000$483,000$613,000$613,000$268,000$268,00085%4$32,70021%
9New York University(Private)
Annual ROI5.3%
Annual ROI5.3%
Annual ROI8.9%
Annual ROI8.9%
20 Year Net ROI$483,000
20 Year Net ROI$483,000
20 Year Net ROI$613,000
20 Year Net ROI$613,000
Total 4 Year Cost$268,000
Total 4 Year Cost$268,000
Grad Rate85%
Time to Graduate4
Loan Amt$32,700
Grant Money Received21%
105.3%N/A12.2%N/A$479,000N/A$667,000N/A$262,000N/A95%4$24,70012%
10Duke University(Private)
Annual ROI5.3%
Annual ROIN/A
Annual ROI12.2%
Annual ROIN/A
20 Year Net ROI$479,000
20 Year Net ROIN/A
20 Year Net ROI$667,000
20 Year Net ROIN/A
Total 4 Year Cost$262,000
Total 4 Year CostN/A
Grad Rate95%
Time to Graduate4
Loan Amt$24,700
Grant Money Received12%
118.9%8.9%10.3%10.3%$451,000$451,000$473,000$473,000$100,000$100,00080%5$22,50011%
11California Polytechnic State University-San Luis Obispo(In-State)
Annual ROI8.9%
Annual ROI8.9%
Annual ROI10.3%
Annual ROI10.3%
20 Year Net ROI$451,000
20 Year Net ROI$451,000
20 Year Net ROI$473,000
20 Year Net ROI$473,000
Total 4 Year Cost$100,000
Total 4 Year Cost$100,000
Grad Rate80%
Time to Graduate5
Loan Amt$22,500
Grant Money Received11%
125.4%5.9%7.4%8.2%$445,000$466,000$519,000$540,000$236,000$215,00092%4$23,90023%
12University of California-Berkeley(Out-of-State)
Annual ROI5.4%
Annual ROI5.9%
Annual ROI7.4%
Annual ROI8.2%
20 Year Net ROI$445,000
20 Year Net ROI$466,000
20 Year Net ROI$519,000
20 Year Net ROI$540,000
Total 4 Year Cost$236,000
Total 4 Year Cost$215,000
Grad Rate92%
Time to Graduate4
Loan Amt$23,900
Grant Money Received23%
137.4%8.0%12.4%14.1%$424,000$439,000$503,000$517,000$133,000$118,00091%4$25,30030%
13University of California-Los Angeles(In-State)
Annual ROI7.4%
Annual ROI8.0%
Annual ROI12.4%
Annual ROI14.1%
20 Year Net ROI$424,000
20 Year Net ROI$439,000
20 Year Net ROI$503,000
20 Year Net ROI$517,000
Total 4 Year Cost$133,000
Total 4 Year Cost$118,000
Grad Rate91%
Time to Graduate4
Loan Amt$25,300
Grant Money Received30%
146.9%6.9%7.8%7.8%$406,000$406,000$429,000$429,000$145,000$145,00080%5$22,50011%
14California Polytechnic State University-San Luis Obispo(Out-of-State)
Annual ROI6.9%
Annual ROI6.9%
Annual ROI7.8%
Annual ROI7.8%
20 Year Net ROI$406,000
20 Year Net ROI$406,000
20 Year Net ROI$429,000
20 Year Net ROI$429,000
Total 4 Year Cost$145,000
Total 4 Year Cost$145,000
Grad Rate80%
Time to Graduate5
Loan Amt$22,500
Grant Money Received11%
157.6%6.8%10.5%9.3%$405,000$386,000$456,000$437,000$122,000$140,00066%5$26,60053%
15Rutgers University-Newark(In-State)
Annual ROI7.6%
Annual ROI6.8%
Annual ROI10.5%
Annual ROI9.3%
20 Year Net ROI$405,000
20 Year Net ROI$386,000
20 Year Net ROI$456,000
20 Year Net ROI$437,000
Total 4 Year Cost$122,000
Total 4 Year Cost$140,000
Grad Rate66%
Time to Graduate5
Loan Amt$26,600
Grant Money Received53%

* N/A indicates school does not have an on campus living option.

Based on PayScale’s College ROI Report, psychology majors can get more out of their studies than helping people become the best versions of themselves, they can also get nice attractive returns from this do-good field of work. But not all psychology majors see a positive ROI for the money they spend on tuition. Use PayScale’s College ROI report to find out where psychology majors find success. (It’s important to note that this list does not include salary data for people who go on to get graduate degrees. This can make a huge difference in earning potential if you study psychology.)

The University of Michigan, Ann Arbor is often on our list of best value colleges for psychology majors. As an added bonus for being one of the best value colleges for psychology majors, “Michigan” also offers it students one of the best college towns in the nation, Ann Arbor; that’s probably good for their mental health.

Other top choices for psychology majors are UCLA, George Mason University, and the University of Massachusetts at Amherst. Students who earn a bachelor’s degree in psychology often go on to find work as a research associate, a data analyst, or working with children or people in care facilities. To become a counselor or psychologist, you must go on to earn an advanced degree.


Leave a Reply

avatar
  Subscribe  
Notify of

WHAT AM I WORTH?

What your skills are worth in the job market is constantly changing.

Get Your Pay Report

WHAT AM I WORTH?

What your skills are worth in the job market is constantly changing.