Psychology Degree from Benedict College Return on Investment

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

F D C B A
Approximate Total Payment $231,211
Approximate Total Interest $65,440
Monthly Payment $1605.63
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 benedict college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 48.28%-35.92%

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: 13.07%-9.73%

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: 35.87%-26.69%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a Psychology Degree from Benedict College offers significant returns that extend beyond just financial benefits. As you explore the value of this degree, consider the unique advantages that come with a psychology education at Benedict College.

One of the primary returns on investment (ROI) for graduates is the diverse career opportunities available in various fields such as mental health services, human resources, education, and counseling. With a psychology degree, you will be equipped with critical thinking, communication, and analytical skills that are highly valued in today’s job market.

Furthermore, according to recent statistics, graduates from Benedict College report competitive salaries and a high employment rate within the first year of graduation. The college's strong network of alumni and partnerships with local organizations provide students with internship opportunities that enhance practical experience and employment prospects.

Additionally, studying psychology at Benedict College allows you to delve into human behavior, equipping you with insights that are applicable in both personal and professional settings. This understanding fosters better interpersonal relationships and enhances your ability to navigate complex social dynamics, making you an asset in any workplace.

Investing in a psychology degree is not just about immediate financial gains; it's about long-term career satisfaction and personal growth. The skills and knowledge gained from this program empower you to make a positive impact in your community and beyond, making the return on investment truly invaluable.

In conclusion, a Psychology Degree from Benedict College is a wise investment that paves the way for a fulfilling career and a deeper understanding of the human experience. By choosing this path, you are not only securing your future but also enhancing your ability to contribute meaningfully to society.

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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