Which earns more money a psychologist or a psychiatrist?

Question

Which earns more money a psychologist or a psychiatrist?

Answer 1

psychiatrist... they are real doctors, as in they go to school for much longer then psychologists, and are phDs. they make much more money because they have much more schooling

Answer 2

The only real difference between a psychiatrist and a psychologist is that a psychiatrist has the authority to prescribe medication.  So yes, they often go to school longer, but a psychologist can get their PhD just as easily.  (You can get a PhD in any field, even music.)

As far as pay difference, it all depends on where you go.  In places where counselors are in high demand, a psychologist can make just as much as a psychiatrist.

Answer 3

A psychiatrist has an MD not a Phd.  A psychologist has a Phd.  Typically a psychiatrist will make much more money than a psychologist, but it depends on many factors.  A psychologist can be a professor at a University, write books, etc.  A psychiatrist goes to school for about 14 years, and a psychologist only goes for 8 to 10 years.  I'm sure you've heard of Dr.  Phil.  He makes a lot of money I'm sure, and he's a psychologist not a psychiatrist.