2022 Best Value Master’s Degree Colleges for Psychology (Income $0-$30k)
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Psychology Schools for a Master’s For Those Making $0-$30k” ranking is part of that endeavor.
With 183,889 degrees handed out in 2019-2020, psychology is the 7th most popular major in the United States. In 2017-2018, psychology graduates who were awarded their degree in 2015-2017, earned an average of $33,496 and had an average of $36,227 in loans still to pay off.
At the master’s degree level specifically, there were 30,283 psychology graduates with average earnings and debt of $56,398 and $43,194 respectively.
For this year’s “Best Value Psychology Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 598 colleges that offer a degree in psychology. The schools that top this list are recognized because they have great psychology programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the psychology program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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One Size Does Not Fit All
The psychology school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Psychology Schools for a Master’s For Those Making $0-$30k”.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Psychology Schools for a Master’s For Those Making $0-$30k
The following schools top our list of the Best Best Value Psychology Schools for a Master’s For Those Making $0-$30k.
Top 25 Best Value Master’s Degree Colleges for Psychology (Income $0-$30k)
You’ll be in good company if you decide to attend Yale University. It ranked #1 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. Located in New Haven, Connecticut, this fairly large private not-for-profit school handed out 19 degrees to qualified masters’s psychology students in 2019-2020.
Yale not only placed well in this ranking. It is also #2 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Yale University are $44,500, but some majors have different tuition rates.
You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #2 for the Best Value Psychology Schools for a Master’s For Those Making $0-$30k. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.
Stanford did well in our major quality rankings, too. It placed #0 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.
You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. Duke University is located in Durham, North Carolina and, has a fairly large student population. In 2019-2020, this school awarded 16 masters’s psychology degrees to qualified students.
Duke also took the #3 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Duke University are $59,140, but you may pay more or less depending on your major.
You’ll be in good company if you decide to attend Harvard University. It ranked #4 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. This large school is located in Cambridge, Massachusetts, and it awarded 50 masters’s psychology degrees in 2019-2020.
Harvard did well in our major quality rankings, too. It placed #1 on our “Best Psychology Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard University are $50,654.
Out of the 598 schools in the Best Value Psychology Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of Pennsylvania landed the #5 spot on the list. UPenn is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 181 masters’s psychology degrees to qualified students.
UPenn not only placed well in this ranking. It is also #5 on our “Best Psychology Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UPenn are $41,760.
Northwestern University ranked #6 on this year’s Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 195 students in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #7 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.
University of Chicago ranked #7 on this year’s Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 12 masters’s psychology degrees in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $0-$30k list, UChicago has also earned the #8 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.
Washington University in St Louis landed the #8 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 21 students in 2019-2020.
WUSTL also took the #6 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at WUSTL are $56,562, but you may pay more or less depending on your major.
Brown University came in at #9 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. Providence, Rhode Island is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 5 students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $0-$30k list, Brown has also earned the #0 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Brown are $60,363, but you may pay more or less depending on your major.
Cornell University landed the #10 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. Cornell University is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 25 masters’s degrees in 2019-2020.
Cornell not only placed well in this ranking. It is also #4 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but you may pay more or less depending on your major.
Princeton University landed the #11 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. This medium-sized school is located in Princeton, New Jersey, and it awarded 4 masters’s psychology degrees in 2019-2020.
Princeton also made our “Best Psychology Master’s Degree Schools” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Princeton are $56,470.
Johns Hopkins University landed the #12 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. Johns Hopkins University is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 7 masters’s degrees in 2019-2020.
Johns Hopkins did well in our major quality rankings, too. It placed #20 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.
University of Florida came in at #13 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. UF is a large public school situated in Gainesville, Florida. It awarded 24 masters’s psychology degrees in 2019-2020.
UF also claimed a top spot on our “Best Psychology Master’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Florida are $30,130.
University of Michigan - Ann Arbor landed the #14 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 46 students in 2019-2020.
U-M also made our “Best Psychology Master’s Degree Schools” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.
Read more about Psychology at University of Michigan - Ann Arbor
With a ranking of #15, Baruch College did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. Located in New York, New York, this fairly large public school awarded 55 diplomas to qualified masters’s psychology students in 2019-2020.
Average graduate tuition and fees at Baruch are $20,880, but some majors have different tuition rates.
With a ranking of #16, Rice University did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 8 masters’s degrees in 2019-2020.
Rice also took the #25 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice are $47,913, but some majors have different tuition rates.
With a ranking of #17, University of Wisconsin - Madison did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 58 masters’s psychology degrees to qualified students.
On top of its placing in this ranking, UW - Madison also did well on our “Best Psychology Master’s Degree Schools” list. It’s in the top 10% of all schools in this category. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.
University of North Carolina at Chapel Hill did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking, coming in at #18. This large school is located in Chapel Hill, North Carolina, and it awarded 13 masters’s psychology degrees in 2019-2020.
On top of its placing in this ranking, UNC Chapel Hill also did well on our “Best Psychology Master’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UNC Chapel Hill are $30,248.
University of Notre Dame ranked #19 on this year’s Best Value Psychology Schools for a Master’s For Those Making $0-$30k list. This fairly large school is located in Notre Dame, Indiana, and it awarded 8 masters’s psychology degrees in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $0-$30k list, Notre Dame has also earned the #11 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Notre Dame are $57,522, but some majors have different tuition rates.
Queens College did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking, coming in at #20. Queens College is a fairly large school located in Queens, New York that handed out 55 masters’s psychology degrees in 2019-2020.
Average graduate tuition and fees at QC are $21,042, but some majors have different tuition rates.
Florida State University came in at #21 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. This large school is located in Tallahassee, Florida, and it awarded 67 masters’s psychology degrees in 2019-2020.
In addition to being on this list, Florida State is in the top on our “Best Psychology Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Florida State are $26,707, but some majors have different tuition rates.
Hunter College came in at #22 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. This large school is located in New York, New York, and it awarded 38 masters’s psychology degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Hunter College are $20,828.
John Jay College of Criminal Justice landed the #23 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. New York, New York is the setting for this fairly large institution of higher learning. The public school handed out masters’s psychology degrees to 70 students in 2019-2020.
Average graduate tuition and fees at John Jay College of Criminal Justice are $20,962, but you may pay more or less depending on your major.
The City College of New York came in at #24 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking. This fairly large school is located in New York, New York, and it awarded 13 masters’s psychology degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at The City College of New York are $20,832.
University of Maryland - College Park did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $0-$30k ranking, coming in at #25. College Park, Maryland is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 24 students in 2019-2020.
UMCP also claimed a top spot on our “Best Psychology Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Psychology Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Maryland - College Park are $30,885.
Read more about Psychology at University of Maryland - College Park
Rest of the Best 50 in Best Value Psychology Schools for a Master’s For Those Making $0-$30k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Psychology Schools for a Master’s For Those Making $0-$30k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | University of California - Irvine | Irvine, CA |
| 52 | Michigan State University | East Lansing, MI |
| 53 | Appalachian State University | Boone, NC |
| 54 | North Carolina State University | Raleigh, NC |
| 55 | University of Minnesota - Twin Cities | Minneapolis, MN |
| 56 | University of Minnesota - Duluth | Duluth, MN |
| 57 | California State University - Dominguez Hills | Carson, CA |
| 58 | San Diego State University | San Diego, CA |
| 59 | Northeastern University | Boston, MA |
| 60 | The University of West Florida | Pensacola, FL |
| 61 | California State University - Northridge | Northridge, CA |
| 62 | Texas A&M International University | Laredo, TX |
| 63 | University of North Texas | Denton, TX |
| 64 | Towson University | Towson, MD |
| 65 | California State University - Stanislaus | Turlock, CA |
| Rank | College | Location |
|---|
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Nevit Dilmen.
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