How Much Does a School Psychologist Make? School Psychologists made a median salary of $84,940 in 2023. The best-paid 25% made $107,400 that year, while the lowest-paid 25% made $70,520.

Psychologists observe patients to glean insights about how they think, feel and behave. David Scheinfeld, a psychologist working in Austin, Texas, got his start in psychology at a young age.

An economics major will earn a median salary of $50,000 in the early stages of her career, while a psychology major will earn just $30,000. Indeed, a student’s major seems to make a bigger ...