Master's+7% vs national median204 grads tracked
Psychology at University of Michigan
Ranked 61st of 205 master's programs in Psychology by 5-year earnings.
Median · 1 year out
$27,352
middle 50%: $21,201 – $34,685
Median · 5 years out
$71,576
middle 50%: $55,621 – $101,595
Median · 10 years out
$107,688
middle 50%: $81,860 – $137,118
Salary trajectory
Median earnings vs the national median for Psychology (master's) graduates.
This program (median)National median, same major & degreeMiddle 50% of graduates
Psychology master's graduates from the University of Michigan earn a median of $27k in their first year. By year ten, median earnings reach $108k.
Source: U.S. Census Bureau PSEO, release V4.13.0 2025Q4. Earnings are for graduates working in covered states; figures are medians in nominal dollars.
Will the degree pay for itself?
Drag the sliders — payback uses this program's actual salary curve.
Assumes a 6.5% APR loan and this program's median salary trajectory (interpolated between years 1, 5 and 10).
Paid off in
6.8 yrs
≈ $8,644 total interest
Same major at other universities
University of Wisconsin - Stout
$71,876 · 5 yrs out
East Carolina University
$71,871 · 5 yrs out
Sacred Heart University
$71,793 · 5 yrs out
State University of New York at Oswego (SUNY Oswego)
$71,649 · 5 yrs out
Indiana University - Bloomington
$71,592 · 5 yrs out
Pennsylvania State University (The)
$71,585 · 5 yrs out
Ohio State University (The)
$71,512 · 5 yrs out
Indiana State University
$71,298 · 5 yrs out
St. Cloud State University
$71,287 · 5 yrs out
University of Wisconsin - Oshkosh
$70,984 · 5 yrs out
University of Missouri - Saint Louis
$70,655 · 5 yrs out
Georgia State University
$70,651 · 5 yrs out
Other majors at University of Michigan
Business, Management, Marketing, and Related Support Services (Doctorate)
$240,526 · 5 yrs out
Legal Professions and Studies (Doctorate)
$205,113 · 5 yrs out
Law (Doctorate)
$205,113 · 5 yrs out
Business, Management, Marketing, and Related Support Services (Master's)
$193,286 · 5 yrs out
Dentistry (Doctorate)
$162,338 · 5 yrs out
Pharmacy, Pharmaceutical Sciences, and Administration (Doctorate)
$151,020 · 5 yrs out
Engineering (Doctorate)
$148,552 · 5 yrs out
Health Professions and Related Programs (Doctorate)
$144,865 · 5 yrs out
Mathematics and Statistics (Master's)
$139,695 · 5 yrs out
Public Administration and Social Service Professions (Doctorate)
$137,588 · 5 yrs out
Computer and Information Sciences, General (Bachelor's)
$137,498 · 5 yrs out
Computer and Information Sciences and Support Services (Bachelor's)
$137,470 · 5 yrs out