Psychology Degree from College of William and Mary Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from College of William and Mary is likely to work in.

F D C B A
Approximate Total Payment $214,297
Approximate Total Interest $60,653
Monthly Payment $1488.17
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 college of william and mary

Clinical, counseling, and school psychologists

Projection Rating: F

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 44.75%-33.30%

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: 12.11%-9.01%

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: 33.25%-24.74%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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If you're considering pursuing a Psychology degree from the College of William and Mary, understanding the return on investment (ROI) is crucial. This prestigious institution not only offers a robust academic program but also equips graduates with valuable skills that are highly sought after in today’s job market.

The ROI of a Psychology degree from William and Mary can be evaluated through various factors, including employment rates, average salaries, and career advancement opportunities. Graduates of the program have found success in diverse fields such as clinical psychology, counseling, human resources, and education.

According to recent statistics, alumni from the College of William and Mary report a competitive starting salary that often surpasses the national average for psychology graduates. This financial advantage, combined with the school's strong network of alumni and career services, enhances the value of your degree.

Moreover, the skills gained during your studies—critical thinking, research proficiency, and effective communication—are applicable in numerous professions, allowing for flexibility and growth throughout your career. With a Psychology degree from William and Mary, you’re not just earning a diploma; you’re investing in a future filled with possibilities.

In conclusion, the return on investment for a Psychology degree from the College of William and Mary is significant. With a combination of strong academic training, promising career outcomes, and a supportive alumni network, graduates are well-positioned to succeed in their chosen fields and achieve financial stability.

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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