Psychology Degree from Molloy College Return on Investment

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

F D C B A
Approximate Total Payment $289,587
Approximate Total Interest $81,963
Monthly Payment $2011.02
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 molloy college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 60.47%-44.99%

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: 16.37%-12.18%

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: 44.93%-33.43%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education can be one of the most significant decisions of your life, and pursuing a psychology degree from Molloy College is no exception. As you explore the return on investment (ROI) of this degree, you'll find that the benefits extend far beyond the classroom.

Molloy College’s psychology program equips students with essential skills that are highly sought after in today’s job market. Graduates are well-prepared for various careers in mental health services, education, human resources, and social work, among others. The demand for qualified professionals in psychology continues to grow, making this degree a valuable asset.

One of the most compelling aspects of a psychology degree from Molloy College is the university's strong network of alumni and partnerships with local organizations. This network provides students with internship opportunities, real-world experience, and job placements upon graduation. These connections can significantly enhance your career prospects and earning potential.

Moreover, Molloy College emphasizes experiential learning, allowing students to engage in hands-on projects and research. This practical experience not only enriches your education but also makes you more attractive to employers. Graduates from Molloy often report higher starting salaries compared to peers from other institutions, underscoring the financial benefits of obtaining a degree from this reputable college.

Financial aid and scholarship opportunities are also available to help ease the cost of tuition, further improving your ROI. By investing in a psychology degree from Molloy College, you are not just gaining knowledge; you are opening doors to a fulfilling career that can lead to financial stability and personal satisfaction.

In summary, the return on investment for a psychology degree from Molloy College is substantial. With a strong curriculum, dedicated faculty, and a robust alumni network, students are well-equipped to enter the workforce and make a difference in their communities. Choose Molloy College for your psychology degree and take the first step towards a rewarding future.

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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