Applied Psychology Degree from Old Dominion University Return on Investment

See what the return on investment is for jobs that someone with a Applied Psychology degree from Old Dominion University is likely to work in.

F D C B A
Approximate Total Payment $158,599
Approximate Total Interest $44,889
Monthly Payment $1101.38
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 old dominion university

Psychologists, all other

Projection Rating: B+

Median Annual Wage: $117,750

Percentage of Paycheck to Repay: 11.22%-8.35%

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: 8.97%-6.67%

Employment Change: 0.5%

Entry-Level Education: Master's degree

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Are you considering an Applied Psychology Degree from Old Dominion University? Understanding the return on investment (ROI) for your education is crucial in today’s competitive job market. An Applied Psychology degree not only equips you with essential skills in understanding human behavior but also opens doors to various career opportunities that promise lucrative salaries and job security.

The ROI for an Applied Psychology degree is substantial. Graduates often find roles in fields such as counseling, human resources, marketing, and research, where they can apply their expertise to enhance organizational effectiveness and improve individual well-being. According to recent data, the average salary for professionals with a degree in psychology can range from $50,000 to over $80,000 annually, depending on your specialization and experience.

Moreover, Old Dominion University is known for its comprehensive curriculum that combines theoretical knowledge with practical experience. This blend ensures that students are well-prepared to enter the workforce, thereby increasing their employability and earning potential. The university also offers various internships and networking opportunities that further enhance the value of your degree.

In addition to financial benefits, pursuing an Applied Psychology degree fosters personal growth and development. You'll gain critical thinking skills, improve your ability to communicate effectively, and develop a deeper understanding of societal issues—skills that are invaluable in any career path.

Investing in your education at Old Dominion University can lead to a rewarding career that not only meets your financial goals but also provides personal fulfillment. With an Applied Psychology degree, you are not just earning a diploma; you are investing in your future. Discover the potential of your education and how it can yield significant returns throughout your professional life.

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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