Psychology Degree from The College of New Jersey Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from The College of New Jersey is likely to work in.

F D C B A
Approximate Total Payment $221,664
Approximate Total Interest $62,739
Monthly Payment $1539.34
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in psychology from the college of new jersey

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 46.28%-34.44%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: B

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 12.53%-9.32%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 34.39%-25.59%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a Psychology degree from The College of New Jersey (TCNJ) is not just about gaining knowledge; it’s also about understanding the long-term benefits and return on investment (ROI) associated with this educational path. With a focus on both academic excellence and practical experience, TCNJ’s Psychology program equips students with the skills and knowledge necessary to thrive in various careers.

One of the primary factors contributing to the strong ROI of a Psychology degree from TCNJ is the institution's exceptional reputation. TCNJ is consistently ranked among the top public colleges in the nation, and its Psychology program is renowned for its rigorous curriculum and dedicated faculty. Graduates from TCNJ are well-prepared to enter the workforce, often securing positions in fields such as counseling, social work, human resources, and marketing.

Financially, investing in a TCNJ Psychology degree can yield impressive returns. The average starting salary for graduates with a bachelor’s degree in Psychology is competitive, and with further education or specialization, opportunities for higher salaries and career advancement are abundant. Many alumni report that their TCNJ education has significantly enhanced their earning potential over time.

Additionally, TCNJ offers a robust network of alumni, providing students with valuable connections and resources as they enter the job market. This network not only facilitates job placements but also fosters mentorship opportunities that can further enhance career development.

Moreover, the skills acquired through a Psychology program—critical thinking, communication, and analytical skills—are highly sought after by employers across various industries. This versatility ensures that a degree from TCNJ is not limited to traditional psychology roles, allowing graduates to explore diverse career paths.

In conclusion, the Psychology degree from The College of New Jersey represents a solid investment in your future. With its strong academic foundation, excellent career support, and a broad array of career opportunities, TCNJ equips students with the tools they need to achieve long-term success and a favorable return on their educational investment.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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