2022 Best Value Master’s Degree Colleges for Psychology (Income $30-$48k)
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Psychology Schools for a Master’s For Those Making $30-$48k” ranking.
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.
This year’s “Best Value Psychology Schools for a Master’s For Those Making $30-$48k” ranking analyzed 591 colleges that offered a degree in psychology. Not only do the schools that top this list have excellent psychology programs, but they also 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. For more information, check out our ranking methodology.
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More Ways to Rank Psychology Schools
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 $30-$48k”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Psychology Schools for a Master’s For Those Making $30-$48k
The colleges and universities below are the best for master’s degree psychology students whose families make $30-$48k.
Top 25 Best Value Master’s Degree Colleges for Psychology (Income $30-$48k)
You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #1 for the Best Value Psychology Schools for a Master’s For Those Making $30-$48k. Duke is a private not-for-profit institution located in Durham, North Carolina. The school has a fairly large population, and it awarded 16 masters’s degrees in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, Duke has also earned the #3 rank 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 join some of the best and brightest minds around if you attend Harvard University. The school came in at #2 for the Best Value Psychology Schools for a Master’s For Those Making $30-$48k. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 50 degrees to qualified masters’s psychology students in 2019-2020.
Harvard did well in our major quality rankings, too. It placed #1 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Harvard are $50,654, but some majors have different tuition rates.
You’ll be in good company if you decide to attend Stanford University. It ranked #3 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. 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 also took the #0 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Stanford are $55,011, but some majors have different tuition rates.
Out of the 591 schools in the Best Value Psychology Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Yale University landed the #4 spot on the list. Yale is a private not-for-profit institution located in New Haven, Connecticut. The school has a fairly large population, and it awarded 19 masters’s degrees in 2019-2020.
Yale also made our “Best Psychology Master’s Degree Schools” list, coming in at #2. Average graduate tuition and fees at Yale University are $44,500, but some majors have different tuition rates.
You’ll be in good company if you decide to attend Northwestern University. It ranked #5 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. Located in Evanston, Illinois, this large private not-for-profit school awarded 195 diplomas to qualified masters’s psychology students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, Northwestern has also earned the #7 rank in our “Best Psychology Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.
University of Pennsylvania did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking, coming in at #6. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 181 students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, UPenn has also earned the #5 rank in our “Best Psychology Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UPenn are $41,760.
Read full report on Psychology at University of Pennsylvania
Cornell University came in at #7 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 25 students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, Cornell has also earned the #4 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Cornell are $30,042, but some majors have different tuition rates.
Washington University in St Louis came in at #8 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k 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 made our “Best Psychology Master’s Degree Schools” list, coming in at #6. Average graduate tuition and fees at WUSTL are $56,562, but some majors have different tuition rates.
University of Chicago came in at #9 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 12 degrees to qualified masters’s psychology students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, UChicago has also earned the #8 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.
Brown University ranked #10 on this year’s Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. Located in Providence, Rhode Island, this medium-sized private not-for-profit school handed out 5 degrees to qualified masters’s psychology students in 2019-2020.
In addition to being on our master’s degree psychology students whose families make $30-$48k 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 some majors have different tuition rates.
Rice University ranked #11 on this year’s Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. Located in Houston, Texas, this medium-sized private not-for-profit school awarded 8 diplomas to qualified masters’s psychology students in 2019-2020.
Rice did well in our major quality rankings, too. It placed #25 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 Rice are $47,913.
Princeton University did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking, coming in at #12. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 4 students in 2019-2020.
Princeton 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 Princeton are $56,470, but some majors have different tuition rates.
Wake Forest University came in at #13 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Wake Forest University is located in Winston-Salem, North Carolina and, has a medium-sized student population. In 2019-2020, this school awarded 7 masters’s psychology degrees to qualified students.
In addition to being on our master’s degree psychology students whose families make $30-$48k list, Wake Forest University has also earned the #21 rank in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Wake Forest University are $39,216, but some majors have different tuition rates.
Columbia University in the City of New York came in at #14 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. New York, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 11 students in 2019-2020.
Columbia did well in our major quality rankings, too. It placed #10 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Columbia are $51,194, but you may pay more or less depending on your major.
Read full report on Psychology at Columbia University in the City of New York
University of Notre Dame landed the #15 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 8 masters’s psychology degrees in 2019-2020.
Notre Dame also made our “Best Psychology Master’s Degree Schools” list, coming in at #11. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.
Johns Hopkins University landed the #16 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Johns Hopkins 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 not only placed well in this ranking. It is also #20 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 Johns Hopkins are $59,425.
Baruch College came in at #17 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Baruch College is a public institution located in New York, New York. The school has a fairly large population, and it awarded 55 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Baruch are $20,880, but you may pay more or less depending on your major.
With a ranking of #18, University of Florida did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. Located in Gainesville, Florida, this large public school awarded 24 degrees to qualified masters’s psychology students 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 in this category. Average graduate tuition and fees at UF are $30,130, but some majors have different tuition rates.
Boston College came in at #19 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. Boston College is a private not-for-profit institution located in Chestnut Hill, Massachusetts. The school has a fairly large population, and it awarded 95 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Boston College, the school also landed the #15 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Boston College are $31,930, but some majors have different tuition rates.
University of Michigan - Ann Arbor ranked #20 on this year’s Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 46 masters’s psychology degrees to qualified students.
As a testament to the quality of education offered at U-M, the school also landed the #16 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.
University of Wisconsin - Madison ranked #21 on this year’s Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 58 students in 2019-2020.
UW - Madison excels when it comes to psychology quality. It’s in the top 10% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - Madison are $25,523.
University of North Carolina at Chapel Hill did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking, coming in at #22. Located in Chapel Hill, North Carolina, this large public school handed out 13 diplomas to qualified masters’s psychology students 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.
Full University of North Carolina at Chapel Hill Psychology Report
Queens College landed the #23 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking. QC is a fairly large public school situated in Queens, New York. It awarded 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.
The University of Texas Rio Grande Valley ranked #24 on this year’s Best Value Psychology Schools for a Master’s For Those Making $30-$48k list. The University of Texas Rio Grande Valley is located in Edinburg, Texas and, has a large student population. In 2019-2020, this school awarded 22 masters’s psychology degrees to qualified students.
Average graduate tuition and fees at The University of Texas Rio Grande Valley are $15,151, but you may pay more or less depending on your major.
Read full report on Psychology at The University of Texas Rio Grande Valley
University of Washington - Seattle Campus did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $30-$48k ranking, coming in at #25. University of Washington - Seattle Campus is a public institution located in Seattle, Washington. The school has a large population, and it awarded 36 masters’s degrees in 2019-2020.
UW Seattle excels when it comes to psychology quality. 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 UW Seattle are $30,294.
Rest of the Best 50 in Best Value Psychology Schools for a Master’s For Those Making $30-$48k
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 $30-$48k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | University of North Texas | Denton, TX |
| 52 | Ohio State University - Main Campus | Columbus, OH |
| 53 | University of Illinois at Urbana-Champaign | Champaign, IL |
| 54 | University of Minnesota - Twin Cities | Minneapolis, MN |
| 55 | University of Minnesota - Duluth | Duluth, MN |
| 56 | California State University - Dominguez Hills | Carson, CA |
| 57 | University of Wisconsin - La Crosse | La Crosse, WI |
| 58 | Texas A&M International University | Laredo, TX |
| 59 | Lehigh University | Bethlehem, PA |
| 60 | University of Maryland - College Park | College Park, MD |
| 61 | California State University - Northridge | Northridge, CA |
| 62 | University of California - Irvine | Irvine, CA |
| 63 | California State University - Stanislaus | Turlock, CA |
| 64 | Boston University | Boston, MA |
| 65 | North Carolina State University | Raleigh, NC |
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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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