Rankings / Outcomes
Highest-Paying Colleges for Psychology
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When choosing a college for psychology, outcomes can vary significantly. The schools on this list represent the highest-paying options for graduates in this field, where earnings can reach as high as $124,080. For many students, the decision hinges on the financial return on their investment and the potential for a stable career.
What sets these institutions apart are their strong outcomes: high graduation rates, considerable post-graduation earnings, and manageable student debt. The schools below show how a solid program can lead to financial stability while balancing completion rates and debt levels. By examining these metrics, prospective students can make more informed choices about their education.
For instance, Stanford University tops the list with an impressive earning potential of $124,080, but it comes with a net price of $13,807 and a debt level of $12,000. In contrast, Santa Clara University offers slightly lower earnings at $109,183, yet has a significantly higher net price of $50,062 and greater debt at $19,162. This contrast highlights the trade-offs students must consider when evaluating their options.
Key Findings
Stanford University graduates earn $124,080, the highest on this list.
University of Pennsylvania boasts a 97% graduation rate.
Santa Clara University has a net price of $50,062, the highest among the top five.
Claremont McKenna College graduates carry $13,500 in debt, one of the lowest figures here.
Quick Numbers
How We Ranked
Ranked by graduate earnings 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 Pennsylvania
Philadelphia, PA
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Santa Clara University
Santa Clara, CA
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Full Rankings
Stanford University
Stanford, CA · 7,554 students · Private nonprofit
University of Pennsylvania
Philadelphia, PA · 10,650 students · Private nonprofit
Santa Clara University
Santa Clara, CA · 6,552 students · Private nonprofit
Cornell University
Ithaca, NY · 15,995 students · Private nonprofit
Claremont McKenna College
Claremont, CA · 1,388 students · Private nonprofit
Harvard University
Cambridge, MA · 7,601 students · Private nonprofit
Boston College
Chestnut Hill, MA · 10,085 students · Private nonprofit
Lehigh University
Bethlehem, PA · 5,898 students · Private nonprofit
Georgetown University
Washington, DC · 7,569 students · Private nonprofit
Columbia University in the City of New York
New York, NY · 8,973 students · Private nonprofit
Yale University
New Haven, CT · 6,758 students · Private nonprofit
Duke University
Durham, NC · 6,442 students · Private nonprofit
Dartmouth College
Hanover, NH · 4,541 students · Private nonprofit
Villanova University
Villanova, PA · 6,938 students · Private nonprofit
Brown University
Providence, RI · 7,226 students · Private nonprofit
University of Chicago
Chicago, IL · 7,569 students · Private nonprofit
Washington and Lee University
Lexington, VA · 1,881 students · Private nonprofit
Vanderbilt University
Nashville, TN · 7,208 students · Private nonprofit
University of Southern California
Los Angeles, CA · 20,443 students · Private nonprofit
Rice University
Houston, TX · 4,776 students · Private nonprofit
Bucknell University
Lewisburg, PA · 3,876 students · Private nonprofit
Lafayette College
Easton, PA · 2,757 students · Private nonprofit
Northeastern University
Boston, MA · 17,326 students · Private nonprofit
Northwestern University
Evanston, IL · 9,201 students · Private nonprofit
College of the Holy Cross
Worcester, MA · 3,106 students · Private nonprofit
Williams College
Williamstown, MA · 2,076 students · Private nonprofit
George Washington University
Washington, DC · 11,182 students · Private nonprofit
Washington University in St Louis
St. Louis, MO · 7,857 students · Private nonprofit
Wellesley College
Wellesley, MA · 2,300 students · Private nonprofit
University of San Francisco
San Francisco, CA · 5,287 students · Private nonprofit
Colgate University
Hamilton, NY · 3,180 students · Private nonprofit
Clarkson University
Potsdam, NY · 2,196 students · Private nonprofit
Massachusetts Institute of Technology
Cambridge, MA · 4,535 students · Private nonprofit
University of California-Berkeley
Berkeley, CA · 33,068 students · Public
Case Western Reserve University
Cleveland, OH · 6,437 students · Private nonprofit
Babson College
Wellesley, MA · 2,728 students · Private nonprofit
Bentley University
Waltham, MA · 4,474 students · Private nonprofit
Fairfield University
Fairfield, CT · 5,373 students · Private nonprofit
MCPHS University
Boston, MA · 3,451 students · Private nonprofit
Albany College of Pharmacy and Health Sciences
Albany, NY · 481 students · Private nonprofit
Trinity College
Hartford, CT · 2,146 students · Private nonprofit
Bowdoin College
Brunswick, ME · 1,873 students · Private nonprofit
Boston University
Boston, MA · 18,248 students · Private nonprofit
Tufts University
Medford, MA · 7,061 students · Private nonprofit
Providence College
Providence, RI · 4,229 students · Private nonprofit
Davidson College
Davidson, NC · 1,867 students · Private nonprofit
Fordham University
Bronx, NY · 10,512 students · Private nonprofit
California Polytechnic State University-San Luis Obispo
San Luis Obispo, CA · 21,996 students · Public
Colby College
Waterville, ME · 2,407 students · Private nonprofit
Harvey Mudd College
Claremont, CA · 921 students · Private nonprofit
The data reveals a striking pattern between Stanford University and Santa Clara University. While Stanford leads in earnings at $124,080, Santa Clara students face a much steeper net price of $50,062 and higher debt at $19,162. This suggests that while Stanford offers a significant financial return, students at Santa Clara may need to weigh their higher costs against potential earnings.
As you sift through these rankings, consider what matters most for you. Is it location, program fit, or financial considerations? For example, if manageable debt is a priority, you might lean toward Claremont McKenna College, which has lower debt levels but slightly lower earnings. Aligning your personal values with these data points will help clarify your decision.
Ultimately, these figures underscore the importance of choosing a college that not only fits your academic interests but also sets you up for a stable financial future. A solid psychology program can lead to meaningful earnings that pave the way for a secure life. One family's choice could hinge on these numbers, transforming their financial trajectory.
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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