Psychology Degree from Illinois Wesleyan University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Illinois Wesleyan University is likely to work in.
Top job projections for graduates in psychology from illinois wesleyan university
Clinical, counseling, and school psychologists
Projection Rating: F-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 79.49%-59.15%
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: 21.52%-16.01%
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: 59.06%-43.95%
Employment Change: 84.5%
Entry-Level Education: Master's degree
When considering a Psychology degree from Illinois Wesleyan University, understanding the return on investment (ROI) is crucial for prospective students. This prestigious institution offers a comprehensive curriculum that equips graduates with essential skills for various careers in psychology and related fields. But what does this mean for your future earnings and career opportunities?
Graduating with a Psychology degree from Illinois Wesleyan University not only enhances your knowledge of human behavior but also opens doors to numerous professional paths. Alumni have successfully pursued careers in counseling, social work, human resources, and research. Many find employment in high-demand sectors, leading to competitive salaries. According to recent data, psychology graduates can expect an average starting salary that compares favorably with other liberal arts degrees.
Illinois Wesleyan's strong emphasis on experiential learning ensures that students gain practical experience through internships and research projects. This hands-on approach not only enriches the educational experience but also significantly boosts employability, making graduates more attractive to potential employers.
Moreover, Illinois Wesleyan University boasts a robust alumni network, providing current students with valuable connections in the field. Networking opportunities through university events, workshops, and career fairs can lead to internships and job placements, further enhancing the ROI of your degree.
Financially, while the cost of attending Illinois Wesleyan may be a consideration, the long-term benefits often outweigh the initial investment. Graduates typically see a steady increase in earning potential as they gain experience and advance in their careers. Additionally, many graduates report job satisfaction and a sense of fulfillment in their chosen paths, contributing to the overall value of their education.
In conclusion, pursuing a Psychology degree from Illinois Wesleyan University represents not just an educational investment, but a strategic decision for your future. With a focus on practical experience, a supportive alumni network, and a diverse range of career opportunities, students can confidently anticipate a positive return on their investment in their education.
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.