Rankings / Value
Best ROI Colleges for Psychology
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Choosing the right college for psychology can feel overwhelming, especially with so many options. But focusing on schools with strong return on investment (ROI) can help narrow down the choices. For instance, graduates from the best ROI colleges for psychology earn an average of $85,341, which provides a solid foundation for financial stability after graduation.
What sets these top schools apart is their impressive combination of high graduation rates, manageable debt levels, and strong post-college earnings. The institutions on our list not only prepare students academically but also position them for success in the job market. As you look at the schools below, consider how earnings potential and debt influence the overall value of a psychology degree.
Take Stanford University and the University of Pennsylvania, for example. Stanford boasts the highest earnings at $124,080, alongside a commendable graduation rate of 92%. In contrast, the University of Pennsylvania, while also strong with a graduation rate of 97%, has a lower earnings figure at $111,371 and a higher net price of $28,699. Understanding these differences can help you prioritize what's most important for your educational journey.
Key Findings
Stanford graduates earn an average of $124,080, the highest on our list.
The average graduation rate for these schools is 88%, indicating strong program completion.
University of Pennsylvania has a net price of $28,699, the highest among the top five.
Rice University graduates have an average debt of only $11,000, the lowest in this group.
Quick Numbers
How We Ranked
Ranked by return on investment with program concentration in Psychology
Read our full methodology →Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
Stanford University
Stanford, CA
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University of Chicago
Chicago, IL
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Harvard University
Cambridge, MA
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Full Rankings
Stanford University
Stanford, CA · 7,554 students · Private nonprofit
University of Chicago
Chicago, IL · 7,569 students · Private nonprofit
Harvard University
Cambridge, MA · 7,601 students · Private nonprofit
Cornell University
Ithaca, NY · 15,995 students · Private nonprofit
Rice University
Houston, TX · 4,776 students · Private nonprofit
University of Pennsylvania
Philadelphia, PA · 10,650 students · Private nonprofit
Wellesley College
Wellesley, MA · 2,300 students · Private nonprofit
Williams College
Williamstown, MA · 2,076 students · Private nonprofit
Brown University
Providence, RI · 7,226 students · Private nonprofit
Vanderbilt University
Nashville, TN · 7,208 students · Private nonprofit
Duke University
Durham, NC · 6,442 students · Private nonprofit
CUNY Queens College
Queens, NY · 12,550 students · Public
CUNY Bernard M Baruch College
New York, NY · 16,154 students · Public
CUNY Hunter College
New York, NY · 16,289 students · Public
Washington University in St Louis
St. Louis, MO · 7,857 students · Private nonprofit
University of Florida
Gainesville, FL · 35,629 students · Public
Amherst College
Amherst, MA · 1,911 students · Private nonprofit
Colby College
Waterville, ME · 2,407 students · Private nonprofit
Pomona College
Claremont, CA · 1,666 students · Private nonprofit
Bowdoin College
Brunswick, ME · 1,873 students · Private nonprofit
Yale University
New Haven, CT · 6,758 students · Private nonprofit
Northwestern University
Evanston, IL · 9,201 students · Private nonprofit
Dartmouth College
Hanover, NH · 4,541 students · Private nonprofit
Columbia University in the City of New York
New York, NY · 8,973 students · Private nonprofit
CUNY Brooklyn College
Brooklyn, NY · 10,543 students · Public
Washington and Lee University
Lexington, VA · 1,881 students · Private nonprofit
Davidson College
Davidson, NC · 1,867 students · Private nonprofit
Claremont McKenna College
Claremont, CA · 1,388 students · Private nonprofit
Haverford College
Haverford, PA · 1,430 students · Private nonprofit
Colgate University
Hamilton, NY · 3,180 students · Private nonprofit
CUNY John Jay College of Criminal Justice
New York, NY · 11,590 students · Public
Swarthmore College
Swarthmore, PA · 1,613 students · Private nonprofit
Bates College
Lewiston, ME · 1,760 students · Private nonprofit
William & Mary
Williamsburg, VA · 7,055 students · Public
Smith College
Northampton, MA · 2,544 students · Private nonprofit
Emory University
Atlanta, GA · 7,298 students · Private nonprofit
Brigham Young University
Provo, UT · 32,952 students · Private nonprofit
University of Central Florida
Orlando, FL · 59,146 students · Public
Barnard College
New York, NY · 3,264 students · Private nonprofit
CUNY Lehman College
Bronx, NY · 10,696 students · Public
Lafayette College
Easton, PA · 2,757 students · Private nonprofit
Georgetown University
Washington, DC · 7,569 students · Private nonprofit
Wesleyan University
Middletown, CT · 3,067 students · Private nonprofit
Boston College
Chestnut Hill, MA · 10,085 students · Private nonprofit
Carleton College
Northfield, MN · 2,086 students · Private nonprofit
University of North Florida
Jacksonville, FL · 13,359 students · Public
Grinnell College
Grinnell, IA · 1,729 students · Private nonprofit
Binghamton University
Vestal, NY · 14,655 students · Public
Florida International University
Miami, FL · 39,508 students · Public
The University of Texas at Austin
Austin, TX · 42,855 students · Public
While both Stanford University and Harvard University offer robust psychology programs, their financial outcomes differ significantly. Stanford has an impressive average earnings figure of $124,080 compared to Harvard's $101,817. This disparity highlights how one school can provide a better financial return despite similar prestige.
As you sift through our list, think about your priorities. Consider factors like location, campus culture, and financial aid offers. Weigh these elements against the data provided here. For example, if you prefer a lower debt burden, Rice University may be appealing, while those seeking higher earnings might lean towards Stanford.
Ultimately, the choices we make about college can shape our paths to stability and success. Finding a school that aligns with both financial goals and personal values is crucial. For one family, this means choosing a school with lower debt and higher earnings potential, ensuring their child has a solid start in life after graduation.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
Chetty, R., Friedman, J., Saez, E., Turner, N., & Yagan, D. (2017). Mobility Report Cards: The Role of Colleges in Intergenerational Mobility. NBER Working Paper No. 23618. →
U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →
National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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