Applied Psychology Degree from Farmingdale State College Return on Investment

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

F D C B A
Approximate Total Payment $107,848
Approximate Total Interest $30,525
Monthly Payment $748.94
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 applied psychology from farmingdale state college

Psychologists, all other

Projection Rating: A-

Median Annual Wage: $117,750

Percentage of Paycheck to Repay: 7.63%-5.68%

Employment Change: 2.9%

Entry-Level Education: Master's degree

Industrial-organizational psychologists

Projection Rating: A-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 6.10%-4.54%

Employment Change: 0.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you can make for your future. An Applied Psychology degree from Farmingdale State College not only equips you with valuable skills but also offers a substantial return on investment (ROI) that can significantly enhance your career prospects.

With a focus on practical application and real-world experience, the Applied Psychology program at Farmingdale State College prepares you for a variety of roles in sectors such as healthcare, business, education, and social services. Graduates of this program report higher starting salaries compared to peers from other institutions, making it a financially sound choice.

According to industry research, professionals with an Applied Psychology degree earn, on average, 15-20% more than those with only a high school diploma. Moreover, the demand for psychology graduates continues to grow, with job opportunities projected to increase by 8% over the next decade. This trend underscores the value of a degree from Farmingdale, which is recognized for its rigorous curriculum and hands-on learning experiences.

Additionally, the networking opportunities available through Farmingdale State College's extensive alumni network can lead to internships and job placements, further enhancing your ROI. Many graduates have successfully transitioned into fulfilling careers, citing their education as a crucial factor in their professional development.

In conclusion, an Applied Psychology degree from Farmingdale State College is not just an academic achievement; it’s a strategic investment in your future. With a strong ROI, increased earning potential, and a growing job market, you can feel confident that your education will pay dividends for years to come.

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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