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The EPPP is the gateway to psychology licensure — and licensure is what unlocks independent practice
and its earnings.
What do psychologists earn?
Per the U.S. Bureau of Labor Statistics, the median annual wage for psychologists was
$94,310 in May 2024, with the top 10% earning over $157,000. Pay varies widely by specialty
(clinical, counseling, industrial-organizational, school) and setting.
Does passing the EPPP raise your pay?
It’s less a raise than a requirement: you generally cannot be licensed for independent psychological
practice without passing the EPPP. Passing it converts years of doctoral training into a license — and
the autonomy and billing ability that come with it.
Is preparing seriously worth it?
Given the $600+ fee, the stakes, and the cost of a delay to licensure, yes — thorough, timed
practice is cheap insurance against a retake.
Unlock 3,900+ EPPP practice questions across 23 full-length simulators — $19.99 lifetime →
Frequently asked questions
How much do psychologists make?
The BLS median annual wage for psychologists was $94,310 in May 2024, with the top 10% earning over $157,000. Pay varies by specialty and setting.
Does passing the EPPP increase your salary?
Passing the EPPP is generally required for licensure to practice psychology independently, so it converts doctoral training into a license — unlocking the autonomy and billing ability that drive psychologist earnings.
Is it worth preparing thoroughly for the EPPP?
Yes — given the $600+ fee, the high stakes, and the cost of delaying licensure, timed practice is inexpensive insurance against a retake.
Sources & references
The exam facts on this page are drawn from official certifying-body materials, reviewed 2026-06-18 by the DrCertifications exam-prep team (10+ years in exam preparation and publishing).