2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k
Students have lots of options to chooose from today when trying to decide which college to attend. 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 $48-$75k” ranking is part of that endeavor.
Psychology is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2019-2020, 183,889 degrees were awarded to students with this major. 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 $48-$75k” ranking looked at 591 colleges that offer degrees in a bachelor’s in psychology. This ranking identifies schools with high-quality psychology programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the psychology program at the school. See our ranking methodology to learn more.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Psychology Schools for a Master’s For Those Making $48-$75k” list to help you make the college decision.
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Best Value Psychology Schools for a Master’s For Those Making $48-$75k
The colleges and universities below are the best for master’s degree psychology students whose families make $48-$75k.
Top 25 Best Value Master’s Degree Colleges for Psychology (Income $48-$75k)
Out of the 591 schools in the Best Value Psychology Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Yale University landed the #1 spot on the list. Yale University is located in New Haven, Connecticut and, has a fairly large student population. In 2019-2020, this school awarded 19 masters’s psychology degrees to qualified students.
As a testament to the quality of education offered at Yale, the school also landed the #2 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Yale University are $44,500, 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 $48-$75k that were part of this year’s ranking, Harvard University landed the #2 spot on the list. Harvard is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 50 masters’s degrees in 2019-2020.
Harvard not only placed well in this ranking. It is also #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 are $50,654.
Out of the 591 schools in the Best Value Psychology Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Stanford University landed the #3 spot on the list. Stanford is located in Stanford, California and, has a fairly large student population. In 2019-2020, this school awarded 3 masters’s psychology degrees to qualified students.
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 are $55,011, but some majors have different tuition rates.
You’ll be in good company if you decide to attend Duke University. It ranked #4 on our 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. Duke University 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.
Duke also made our “Best Psychology Master’s Degree Schools” list, coming in at #3. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.
Out of the 591 schools in the Best Value Psychology Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Princeton University landed the #5 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 4 degrees to qualified masters’s psychology students in 2019-2020.
Princeton also took the #0 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Princeton University are $56,470, but you may pay more or less depending on your major.
Northwestern University came in at #6 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Located in Evanston, Illinois, this large private not-for-profit school awarded 195 diplomas to qualified masters’s psychology students in 2019-2020.
Northwestern also made our “Best Psychology Master’s Degree Schools” list, coming in at #7. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.
University of Chicago did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #7. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 12 diplomas to qualified masters’s psychology students in 2019-2020.
UChicago not only placed well in this ranking. It is also #8 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 Chicago are $61,548.
Cornell University came in at #8 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Located in Ithaca, New York, this large private not-for-profit school handed out 25 degrees to qualified masters’s psychology students in 2019-2020.
Cornell did well in our major quality rankings, too. It placed #4 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but some majors have different tuition rates.
With a ranking of #9, Washington University in St Louis did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. Washington University in St Louis is a private not-for-profit institution located in Saint Louis, Missouri. The school has a fairly large population, and it awarded 21 masters’s degrees in 2019-2020.
WUSTL did well in our major quality rankings, too. It placed #6 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 WUSTL are $56,562.
Rice University came in at #10 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Rice University is located in Houston, Texas and, has a medium-sized student population. In 2019-2020, this school awarded 8 masters’s psychology degrees to qualified students.
As a testament to the quality of education offered at Rice, the school also landed the #25 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice University are $47,913, but some majors have different tuition rates.
Columbia University in the City of New York came in at #11 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k 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 also made our “Best Psychology Master’s Degree Schools” list, coming in at #10. Average graduate tuition and fees at Columbia University in the City of New York are $51,194, but you may pay more or less depending on your major.
Brown University did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #12. Brown is located in Providence, Rhode Island and, has a medium-sized student population. In 2019-2020, this school awarded 5 masters’s psychology degrees to qualified students.
As a testament to the quality of education offered at Brown, the school also landed the #0 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at Brown University are $60,363, but some majors have different tuition rates.
Wake Forest University did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #13. Wake Forest University is a private not-for-profit institution located in Winston-Salem, North Carolina. The school has a medium-sized population, and it awarded 7 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Wake Forest University, the school also landed the #21 spot 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.
Johns Hopkins University ranked #14 on this year’s Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 7 students 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Johns Hopkins University are $59,425.
University of Pennsylvania landed the #15 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Philadelphia, Pennsylvania, and it awarded 181 masters’s psychology degrees in 2019-2020.
UPenn did well in our major quality rankings, too. It placed #5 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at UPenn are $41,760, but some majors have different tuition rates.
University of Notre Dame ranked #16 on this year’s Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 8 masters’s psychology degrees in 2019-2020.
Notre Dame also made our “Best Psychology Master’s Degree Schools” list, coming in at #11. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Notre Dame are $57,522.
Touro University Worldwide did quite well in the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking, coming in at #17. TUW is located in Los Alamitos, California and, has a small student population. In 2019-2020, this school awarded 178 masters’s psychology degrees to qualified students.
On top of its placing in this ranking, TUW also did well on our “Best Psychology Master’s Degree Schools” list. It’s in the top 5% of all schools in this category. Average graduate tuition and fees at TUW are $9,000, but some majors have different tuition rates.
With a ranking of #18, Baruch College did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. 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 55 students in 2019-2020.
Average graduate tuition and fees at Baruch are $20,880, but you may pay more or less depending on your major.
University of Washington - Seattle Campus came in at #19 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 36 students in 2019-2020.
UW Seattle 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. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but some majors have different tuition rates.
With a ranking of #20, University of Michigan - Ann Arbor did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k 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.
U-M also took the #16 spot in our “Best Psychology Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.
Read full report on Psychology at University of Michigan - Ann Arbor
University of Florida landed the #21 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Gainesville, Florida 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.
As a testament to the quality of education it offers, UF is also in the top of our “Best Psychology Master’s Degree Schools” ranking. 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 UF are $30,130.
With a ranking of #22, The University of Texas Rio Grande Valley did quite well on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. Edinburg, Texas is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 22 students in 2019-2020.
Average graduate tuition and fees at UT Rio Grande Valley are $15,151, but some majors have different tuition rates.
University of Wisconsin - Madison ranked #23 on this year’s Best Value Psychology Schools for a Master’s For Those Making $48-$75k list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 58 masters’s degrees in 2019-2020.
As a testament to the quality of education it offers, UW - Madison is also in the top of our “Best Psychology Master’s Degree Schools” ranking. 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 UW - Madison are $25,523, but some majors have different tuition rates.
University of California - Berkeley came in at #24 in this year’s edition of the Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. University of California - Berkeley is a public institution located in Berkeley, California. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.
UC Berkeley not only placed well in this ranking. It is also #0 on our “Best Psychology Master’s Degree Schools” list. Average graduate tuition and fees at University of California - Berkeley are $29,347, but some majors have different tuition rates.
Queens College landed the #25 spot on the 2022 Best Value Psychology Schools for a Master’s For Those Making $48-$75k ranking. Located in Queens, New York, this fairly large public school handed out 55 diplomas to qualified masters’s psychology students in 2019-2020.
Average graduate tuition and fees at Queens College are $21,042, but some majors have different tuition rates.
Rest of the Best 50 in Best Value Psychology Schools for a Master’s For Those Making $48-$75k
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 $48-$75k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | University of Nevada - Reno | Reno, NV |
| 52 | The University of Texas at Austin | Austin, TX |
| 53 | California State University - Dominguez Hills | Carson, CA |
| 54 | University of Minnesota - Twin Cities | Minneapolis, MN |
| 55 | University of Wyoming | Laramie, WY |
| 56 | Indiana University - Bloomington | Bloomington, IN |
| 57 | California State University - Stanislaus | Turlock, CA |
| 58 | Ohio State University - Main Campus | Columbus, OH |
| 59 | California State University - Northridge | Northridge, CA |
| 60 | University of Minnesota - Duluth | Duluth, MN |
| 61 | University of Houston | Houston, TX |
| 62 | California State University - Bakersfield | Bakersfield, CA |
| 63 | University of California - Riverside | Riverside, CA |
| 64 | Iowa State University | Ames, IA |
| 65 | Appalachian State University | Boone, 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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