How much do psychologists earn? £ £ £ £ £Watch
I don't want to spend my life living in debt
How much do psychologists earn in comparison to say...
the average teacher?
I understand that people are concearned of money, but can you ever be sure with any subject, really? The most important thing after all is that do you get work? No-one is able to tell you how much YOU will eventually earn - maybe nothing, or maybe a fortune. Thing is, earnings vary a lot depending on what you are doing.
It is also true that psychology is a very competitive field and you have to really want it to do well and have the spirit to fight for it sometimes.
For me it is interesting that you say that you don't want to spend your whole life in debt is hmm, interesting, cause most people do. If you want the house/car/university, you will probably have to be in debt for most of your life any way...So why don't you just work in the field you love?
Clinical Psychologists get a £22k salary each year of their 3 year doctorate.
Upon qualifying they earn ~£25k
Then payscales after that range from £35k up to £100k depending on position.
If one chooses to go private, their salary would be substantially more.
For comparison, the average salary of:
Teacher - £19k - £30k
Junior Doctor - ~£22k for a stupid amount of working hours
Consultant Doctor within NHS - ~£80k - £100k
Postdoc Researcher - £19k - £30k
Geologist - No idea. Probably research position at uni, so not very much.
Of course this is the UK version. The American version:
As of 2011, the median yearly wage of clinical psychologists was $73,090, according to the U.S. Bureau of Labour Statistics. Many factors can influence salary, however, including who's hiring, the setting in which the psychologist works and the geographical area of employment.
Hope this was of some help to you.
Doctor - less
Research scientist - depends what you mean. Similar to a postdoc while training, and then similar to an academic once qualified. Less than a scientist in industry typically.
Geologist - if you mean academic then seem above. But many work for oil companies where they earn $$$.
Clinical psychologists are the highest paid usually. But the real issue you should think about is your chances of being a professional psychologist. Hardly any psych undergrads will become psychologists, even though most of them go on thinking it's a straight route to clinical psychology. It's probably easier to become a doctor.