2014 Archives

SMU ranked No. 1 among highest paid psychology graduates

Excerpt

The following is from the Oct. 17, 2014, edition of USA Today.

October 24, 2014

Psychology majors explore different personality types, how humans develop, how we respond to our environment and why we behave the way that we do. A degree in this field of study can lead to careers in social work, marketing, human resources and public health programs, with more opportunities arising for those who choose to pursue an advanced degree.

The average starting salaries across all graduates with a bachelor’s in psychology is $35,000.

Most graduates who work in this field find they have to pursue an advanced degree to find more competitively paying positions. However, the college you attend can also play a big role in how much you earn.

Certain schools have a track record of creating a high earnings boost that allows their graduates to make more money than other psych majors.

This list rounds up the top 10 colleges with the highest paid graduates in psychology, based on salary data provided by PayScale:

1. Southern Methodist University: Dallas, Tex.

Founded in 1911, Southern Methodist University is a private research university. The school offers small classes and promotes research and discussion, two major elements of a psychology program. Psychology graduates from this program may only earn an average starting salary of $39,000, but they have the potential to earn the highest mid-career average salary of $109,000.

   

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