Clinical Psychology Degree from The New School Return on Investment

See what the return on investment is for jobs that someone with a Clinical Psychology degree from The New School is likely to work in.

F D C B A
Approximate Total Payment $438,329
Approximate Total Interest $124,062
Monthly Payment $3043.95
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 the new school

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 91.52%-68.10%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Psychologists, all other

Projection Rating: D+

Median Annual Wage: $117,750

Percentage of Paycheck to Repay: 31.02%-23.08%

Employment Change: 2.9%

Entry-Level Education: Master's degree

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When considering a Clinical Psychology Degree from The New School, understanding the return on investment (ROI) is crucial for prospective students. This degree not only equips you with the essential skills and knowledge to excel in the field of psychology but also offers significant financial and professional benefits.

The New School’s Clinical Psychology program is designed to provide a comprehensive education that prepares you for various career paths. Graduates often find roles in mental health clinics, hospitals, private practices, and educational institutions. With a growing demand for mental health professionals, the job market for clinical psychologists is expanding, making this degree a valuable asset.

Investing in your education at The New School means gaining access to expert faculty, innovative research opportunities, and a vibrant learning community. This investment can lead to higher earning potential over your career. According to industry reports, clinical psychologists can earn a competitive salary, with many professionals reporting earnings that significantly outweigh their initial educational costs.

Moreover, The New School's strong alumni network and career support services enhance your chances of securing desirable positions post-graduation. The connections you make during your studies can lead to internships and job opportunities that further boost your career trajectory.

In addition to financial benefits, pursuing a Clinical Psychology Degree allows you to make a meaningful impact in people's lives. The skills you acquire can help individuals navigate their mental health challenges, contributing to overall community well-being. This sense of purpose can be an invaluable return on your investment in education.

Ultimately, the ROI of a Clinical Psychology Degree from The New School encompasses not only the financial aspects but also the personal and professional growth that comes with it. By choosing this path, you are investing in a future where you can thrive both economically and in terms of personal fulfillment.

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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