Clinical Psychology Degree from Old Dominion University Return on Investment

See what the return on investment is for jobs that someone with a Clinical 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 clinical psychology from old dominion university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 33.12%-24.64%

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: 11.22%-8.35%

Employment Change: 2.9%

Entry-Level Education: Master's degree

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Investing in a Clinical Psychology Degree from Old Dominion University (ODU) offers a promising return on investment (ROI) for students seeking to make a meaningful impact in the field of mental health. With a rich curriculum that blends theoretical knowledge and practical experience, ODU prepares graduates to excel in various professional settings, including hospitals, clinics, and private practices.

One of the key benefits of earning a clinical psychology degree from ODU is the university's strong emphasis on experiential learning. Students engage in hands-on training through internships and practicum experiences, allowing them to apply their knowledge in real-world scenarios. This practical exposure not only enhances learning but also makes graduates more competitive in the job market.

The demand for skilled mental health professionals is on the rise, leading to attractive job prospects for ODU graduates. According to the U.S. Bureau of Labor Statistics, employment for clinical psychologists is projected to grow significantly in the coming years. This upward trend translates into higher earning potential, making the financial investment in an ODU degree worthwhile.

Additionally, ODU's robust network of alumni and industry connections provides students with valuable opportunities for networking and job placement. Graduates often find employment in reputable organizations, further contributing to their overall ROI.

Financially, investing in a clinical psychology degree at ODU is not only about immediate job placement but also long-term career growth. The skills acquired during the program equip graduates to pursue advanced roles, such as licensed clinical psychologists or specialized therapists, which command higher salaries and greater job satisfaction.

In conclusion, a Clinical Psychology Degree from Old Dominion University promises a significant return on investment through a combination of quality education, hands-on experience, and strong job market prospects. For students passionate about making a difference in mental health, ODU is an excellent choice that can lead to a fulfilling and financially rewarding career.

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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