The present study aimed to identify the level of psychological exhaustion and its relationship with trends toward migration among a sample of Palestinian university students living in displacement camps. The researchers adopted a descriptive-analytical methodology. The study sample consisted of (1,021) male and female students. Two instruments were used: a Psychological Exhaustion Scale and a Migration Trend Scale, both developed by the researchers. The findings revealed that the level of psychological exhaustion reached a relative weight of (57%), indicating a moderate level, while the level of trends toward migration recorded a relative weight of (70.7%), reflecting a high level. The results also showed a positive correlation between psychological exhaustion and trends toward migration among Palestinian university students in displacement camps. Furthermore, the study found statistically significant differences in the level of psychological exhaustion attributable to gender, academic average, and marital status, while no statistically significant differences were found based on academic level, loss due to war, or economic status. Regarding trends toward migration, no statistically significant differences were found based on gender, academic level, or marital status; however, significant differences were found according to academic average, loss due to war, and economic status.