Clinical Psychology Degree from Montclair State University Return on Investment

See what the return on investment is for jobs that someone with a Clinical Psychology degree from Montclair State University is likely to work in.

F D C B A
Approximate Total Payment $184,961
Approximate Total Interest $52,350
Monthly Payment $1284.45
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 clinical psychology from montclair state university

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 38.62%-28.74%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Psychologists, all other

Projection Rating: B

Median Annual Wage: $117,750

Percentage of Paycheck to Repay: 13.09%-9.74%

Employment Change: 2.9%

Entry-Level Education: Master's degree

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Are you considering a Clinical Psychology degree from Montclair State University? Understanding the return on investment (ROI) of your educational choices is crucial for making informed decisions about your future. A Clinical Psychology degree not only equips you with essential skills in mental health care but also opens doors to a variety of career opportunities.

Montclair State University offers a comprehensive curriculum that combines theoretical knowledge with practical experience, ensuring you are well-prepared for the demands of the field. Graduates often report high levels of satisfaction with their education, which translates into a rewarding career path. With the growing focus on mental health, professionals in this field are in high demand, leading to competitive salaries and job security.

Investing in a Clinical Psychology degree can yield significant long-term benefits. According to recent statistics, those with advanced degrees in psychology can earn upwards of $70,000 to $100,000 annually, depending on their position and location. Moreover, many graduates find employment in diverse settings such as hospitals, schools, private practices, and community organizations, allowing for a fulfilling career that aligns with personal interests and values.

Additionally, Montclair State University's strong network of alumni and career services can help you secure internships and job placements after graduation, further enhancing your ROI. The university's commitment to student success ensures that you not only graduate with a degree but also with the professional skills and connections necessary to thrive in the competitive job market.

In summary, a Clinical Psychology degree from Montclair State University offers a solid return on investment, combining quality education, career readiness, and potential for high earnings. Take the first step towards a meaningful and impactful career in mental health today!

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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