With a Doctorate, a wide variety of career opportunities are available. Depending on the degree specialty you pursue, you could work in organizations as a: Research psychologist. University professor.
How much money do you make with a PhD in psychology?
Psychologists with doctoral degrees, such as a PhD, had higher median salaries at $85,000 compared to those with professional degrees, such as a PsyD ($75,000).
Does a PhD in psychology pay off?
Direct Human Services. Employment website ZipRecruiter reported a salary range for doctoral-level psychologists providing direct human services between $37,500 to $153,000. Average earnings were $103,494 as of July 2021.
Do you get paid for PhD in psychology?
According to APA's research team at the Center for Workforce Studies, the median debt for someone who graduates with a doctorate in psychology is $79,297, and a new doctoral graduate's average starting salary is $66,009 (as of 2009).
Is it worth getting a PhD in psychology?
The Payoff: Career Prospects and Salary Time, cost, and commitment aside, for many students, a Doctorate in Psychology is the right choice for their career goals, and for those people, a doctorate pays off after graduation, especially with licensure.
What does a PhD in psychology get you?
Doctoral degrees in psychology offer individuals preparation to conduct scientific research, professional practice or both. Most individuals receive either the Doctor of Philosophy (PhD) or the Doctor of Psychology (PsyD) degree.
Do PhD or PsyD get paid more?
Say you get out of school and earn about $60,000 with your PsyD. Of course, this is way more than the stipend at any PhD program; the stipend might be close to $20,000. However, the $60,000 you earn in your year out of graduate school will be needed to start paying back what could be at least $100,000 in tuition costs.Mar 2, 2016