Master’s Degrees in Psychology
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Education Levels of Psychology Majors
During the most recent year for which data is available, 34,138 people earned their master's degree in psychology. This makes it the 7th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in psychology at each degree level.
Education Level | Number of Grads |
---|---|
Master’s Degree | 34,138 |
Doctor’s Degree | 6,971 |
Graduate Certificate | 3,665 |
Earnings of Psychology Majors With Master’s Degrees
The median salary for graduates holding a master's degree in psychology is $44,137. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money. A better approximation of salary is to look at the typical range of salaries. In this case the low is $39,605 and the high is $51,294.

Student Debt
The median student debt for graduates holding a master's degree in psychology is $43,255. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary. The chart below shows the range of accumulated debt loads. On the high side of the range, $58,291 is the debt load, and the debt load on the low side is $36,601.

Student Diversity
More women than men pursue their master's degree in psychology. About 82.0% of graduates with this degree are female.
Gender | Number of Grads |
---|---|
Men | 6,135 |
Women | 28,003 |

The racial-ethnic distribution of psychology master’s degree students is as follows:
Race/Ethnicity | Number of Grads |
---|---|
Asian | 1,600 |
Black or African American | 4,253 |
Hispanic or Latino | 5,806 |
White | 17,557 |
International Students | 1,143 |
Other Races/Ethnicities | 3,779 |

Most Popular Psychology Programs for Master’s Degrees
There are 760 colleges that offer a master’s degree in psychology. Learn more about the most popular 20 below:
Capella University tops the list of the most popular school in the U.S. for psychology majors who are seeking their master's degree. Roughly 38,900 attend the school each year. The average in-state tuition for full-time undergraduates is $14,328 per year, while in-state graduate students, on average, pay $14,826 per year. During the most recent year for which we have data, 1,589 people received their master's degree in psychology from Capella University. About 86% of this group were women, and 45% were students from an underrepresented racial-ethnic group.
National University is the 2nd most popular school in the nation for students seeking a master's degree in psychology. Each year, around 18,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $13,320 per year, while in-state graduate students, on average, pay $15,912 per year. During the most recent year for which we have data, 1,058 people received their master's degree in psychology from National University. About 83% of this group were women, and 63% were students from an underrepresented racial-ethnic group.
Liberty University comes in at #3 on our list of the most popular colleges offering master's degrees in psychology. Roughly 93,300 attend the school each year. The average in-state tuition for full-time undergraduates is $15,467 per year, while in-state graduate students, on average, pay $7,893 per year. During the most recent year for which we have data, 884 people received their master's degree in psychology from Liberty University. Of these students, 80% were women and 24% were members of underrepresented racial-ethnic groups.
The 4th most popular school in the country for psychology majors who are seeking their master's degree is Grand Canyon University. Roughly 103,400 attend the school each year. The average in-state tuition for full-time undergraduates is $16,407 per year, while in-state graduate students, on average, pay $10,655 per year. During the most recent year for which we have data, 774 people received their master's degree in psychology from Grand Canyon University. Of these students, 80% were women and 55% were members of underrepresented racial-ethnic groups.
Southern New Hampshire University is the 5th most popular school in the nation for students seeking a master's degree in psychology. Each year, around 134,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,000 per year, while in-state graduate students, on average, pay $18,900 per year. During the most recent year for which we have data, 704 people received their master's degree in psychology from SNHU. Around 34% of these students were from an underrepresented racial-ethnic group, and 86% were women.
Pepperdine University is the 6th most popular school in the nation for students seeking a master's degree in psychology. Roughly 9,500 attend the school each year. The average in-state tuition for full-time undergraduates is $62,390 per year, while in-state graduate students, on average, pay $39,100 per year. During the most recent year for which we have data, 671 people received their master's degree in psychology from Pepperdine. About 84% of this group were women, and 49% were students from an underrepresented racial-ethnic group.
The 8th most popular school in the country for psychology majors who are seeking their master's degree is University of Phoenix - Arizona. Each year, around 89,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,552 per year, while in-state graduate students, on average, pay $16,239 per year. During the most recent year for which we have data, 525 people received their master's degree in psychology from UOPX - Arizona. Around 53% of these students were from an underrepresented racial-ethnic group, and 83% were women.
Nova Southeastern University comes in at #9 on our list of the most popular colleges offering master's degrees in psychology. Each year, around 20,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $34,500 per year, while in-state graduate students, on average, pay $22,062 per year. During the most recent year for which we have data, 453 people received their master's degree in psychology from NUS Florida. Around 57% of these students were from an underrepresented racial-ethnic group, and 90% were women.
Florida Institute of Technology is the 10th most popular school in the nation for students seeking a master's degree in psychology. Roughly 6,700 attend the school each year. The average in-state tuition for full-time undergraduates is $42,770 per year, while in-state graduate students, on average, pay $22,338 per year. During the most recent year for which we have data, 387 people received their master's degree in psychology from Florida Tech. About 88% of this group were women, and 36% were students from an underrepresented racial-ethnic group.
The Chicago School of Professional Psychology at Los Angeles is the 11th most popular school in the nation for students seeking a master's degree in psychology. Roughly 3,100 attend the school each year. The average in-state tuition for full-time undergraduates is $11,784 per year, while in-state graduate students, on average, pay $23,454 per year. During the most recent year for which we have data, 338 people received their master's degree in psychology from The Chicago School Los Angeles Campus. About 84% of this group were women, and 53% were students from an underrepresented racial-ethnic group.
The 12th most popular school in the country for psychology majors who are seeking their master's degree is Arizona State University - Skysong. Roughly 53,900 attend the school each year. The average in-state tuition for full-time undergraduates is $10,978 per year, while in-state graduate students, on average, pay $9,972 per year. During the most recent year for which we have data, 330 people received their master's degree in psychology from ASU - Skysong. About 85% of this group were women, and 33% were students from an underrepresented racial-ethnic group.
Teachers College at Columbia University is the 13th most popular school in the nation for students seeking a master's degree in psychology. Each year, around 4,500 students seeking various degrees attend the university. During the most recent year for which we have data, 290 people received their master's degree in psychology from Teachers College. Around 33% of these students were from an underrepresented racial-ethnic group, and 82% were women.
The 14th most popular school in the country for psychology majors who are seeking their master's degree is Adler University. Each year, around 1,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $16,740 per year, while in-state graduate students, on average, pay $41,930 per year. During the most recent year for which we have data, 288 people received their master's degree in psychology from Adler. Around 42% of these students were from an underrepresented racial-ethnic group, and 85% were women.
The University of Arizona Global Campus comes in at #15 on our list of the most popular colleges offering master's degrees in psychology. Roughly 31,100 attend the school each year. The average in-state tuition for full-time undergraduates is $12,240 per year, while in-state graduate students, on average, pay $12,645 per year. During the most recent year for which we have data, 286 people received their master's degree in psychology from UAGC. About 84% of this group were women, and 64% were students from an underrepresented racial-ethnic group.
The 16th most popular school in the country for psychology majors who are seeking their master's degree is Lamar University. Each year, around 16,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,228 per year, while in-state graduate students, on average, pay $6,471 per year. During the most recent year for which we have data, 283 people received their master's degree in psychology from Lamar University. Around 55% of these students were from an underrepresented racial-ethnic group, and 92% were women.
Northwestern University is the 17th most popular school in the nation for students seeking a master's degree in psychology. Each year, around 22,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $62,391 per year, while in-state graduate students, on average, pay $51,869 per year. During the most recent year for which we have data, 279 people received their master's degree in psychology from Northwestern. Of these students, 85% were women and 32% were members of underrepresented racial-ethnic groups.
The 18th most popular school in the country for psychology majors who are seeking their master's degree is New York University. Roughly 52,700 attend the school each year. The average in-state tuition for full-time undergraduates is $55,384 per year, while in-state graduate students, on average, pay $37,332 per year. During the most recent year for which we have data, 264 people received their master's degree in psychology from NYU. About 84% of this group were women, and 38% were students from an underrepresented racial-ethnic group.
University of the Cumberlands comes in at #19 on our list of the most popular colleges offering master's degrees in psychology. Roughly 19,100 attend the school each year. The average in-state tuition for full-time undergraduates is $9,875 per year, while in-state graduate students, on average, pay $4,282 per year. During the most recent year for which we have data, 245 people received their master's degree in psychology from Cumberlands. Of these students, 78% were women and 11% were members of underrepresented racial-ethnic groups.
The 20th most popular school in the country for psychology majors who are seeking their master's degree is Carlos Albizu University - San Juan. Each year, around 2,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,006 per year, while in-state graduate students, on average, pay $6,558 per year. During the most recent year for which we have data, 238 people received their master's degree in psychology from Carlos Albizu University - San Juan. Of these students, 86% were women and 92% were members of underrepresented racial-ethnic groups.
Psychology Majors to Study
Major | Annual Degrees Awarded |
---|---|
24,000 | |
6,370 | |
1,935 | |
1,833 |
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References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Nevit Dilmen under License
More about our data sources and methodologies.
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