Psychology Degree from California State University – Bakersfield Return on Investment

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

F D C B A
Approximate Total Payment $120,844
Approximate Total Interest $34,203
Monthly Payment $839.19
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 california state university - bakersfield

Clinical, counseling, and school psychologists

Projection Rating: C-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 25.23%-18.78%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: A-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 6.83%-5.08%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 18.75%-13.95%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from California State University – Bakersfield, one of the most important factors to evaluate is the return on investment (ROI). This degree not only provides a solid foundation in psychological principles but also opens doors to numerous career opportunities in various fields.

Graduates from CSU Bakersfield's psychology program benefit from a comprehensive curriculum that combines theoretical knowledge with practical applications. This blend equips students with essential skills in critical thinking, research, and interpersonal communication, making them highly sought after by employers.

According to recent data, alumni with a psychology degree from CSU Bakersfield see significant earning potential. Many graduates find employment in areas such as mental health services, human resources, social work, and education. The university’s strong ties with local organizations provide students with valuable internship opportunities, further enhancing their employability and real-world experience.

Additionally, CSU Bakersfield offers various resources to assist students in their career development, including counseling services, job placement programs, and networking events. These resources are instrumental in maximizing the ROI of your degree by ensuring you are well-prepared to enter the job market.

Furthermore, the cost of attending CSU Bakersfield is competitive compared to other institutions in California. With affordable tuition rates and the potential for financial aid, students can minimize their educational expenses while still receiving a high-quality education. This affordability, combined with the strong earning potential of psychology graduates, contributes to a favorable ROI.

In conclusion, pursuing a Psychology Degree from California State University – Bakersfield is an investment in your future. With a well-rounded education, valuable resources, and a strong support network, graduates can expect a robust return on their investment, both financially and personally. Whether your goal is to enter the workforce immediately or pursue further education, CSU Bakersfield prepares you for success in the field of psychology and beyond.

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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