Monitor on Psychology - Science salaries: low for BA, MS psychology degrees

Monitor on Psychology
Volume 39, No. 8 September 2008

UPFRONT
Science salaries: low for BA, MS psychology degrees
Print version: page 10

New data from the National Science Foundation show that psychology graduates at the bachelor's and master's levels earn the lowest salaries among science professionals. The average salary for full-time employed science, engineering and health graduates is $39,000 for those with bachelor's degrees and $56,000 for those with a master's. For psychology graduates, it is $30,000 and $40,000, respectively.

Field	Bachelor's degree	Master's degree
Engineering	52,000	65,000
Computer and information sciences	45,000	65,000
Health	45,000	58,000
Math and statistics	37,000	60,000
Physical sciences	35,000	50,000
Social sciences	34,000	47,000
Biological, agricultural and environmental life sciences	32,000	45,000
Psychology	30,000	40,000

Source: National Science Foundation National Survey of Recent College Graduates, 2006.