Psychology Degree from Rochester Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from Rochester Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $357,736
Approximate Total Interest $101,251
Monthly Payment $2484.28
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 rochester institute of technology

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 74.70%-55.58%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: C+

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 20.22%-15.05%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 55.50%-41.30%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The Psychology Degree from Rochester Institute of Technology (RIT) offers students a unique blend of theoretical knowledge and practical skills, making it an invaluable investment in your future. As the demand for mental health professionals continues to rise, obtaining a psychology degree from a reputable institution like RIT not only enhances your understanding of human behavior but also significantly boosts your career prospects.

One of the key factors to consider when evaluating the return on investment (ROI) of a psychology degree is the diverse range of career opportunities available to graduates. With a degree from RIT, you can pursue various roles in clinical psychology, counseling, human resources, and organizational behavior. Many of these positions offer competitive salaries and the potential for career advancement, leading to a positive ROI over time.

RIT's strong emphasis on experiential learning equips students with hands-on experience through internships and cooperative education opportunities. This practical approach not only enhances your resume but also makes you more attractive to potential employers, further increasing your earning potential after graduation.

Moreover, RIT’s robust alumni network can provide valuable connections in the psychology field. Networking with successful graduates can lead to job opportunities, mentorship, and guidance as you navigate your career path, ultimately enhancing your ROI.

Financially, the investment in a psychology degree at RIT is supported by the institution's commitment to student success, including career services and academic advising that help you secure employment post-graduation. Graduates of RIT often report high levels of job satisfaction and stability, which are crucial indicators of a positive return on your educational investment.

In summary, a psychology degree from the Rochester Institute of Technology not only enriches your understanding of the human mind but also opens doors to a multitude of rewarding career paths. With a strong ROI supported by hands-on experience, a dedicated alumni network, and comprehensive career services, investing in your education at RIT is a strategic choice for aspiring psychology professionals.

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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