Educational Psychology Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Educational Psychology degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $325,155
Approximate Total Interest $92,030
Monthly Payment $2258.02
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 educational psychology from university of memphis

School psychologists

Projection Rating: B-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 15.95%-11.87%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Postsecondary teachers, all other

Projection Rating: D

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 33.93%-25.24%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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The Educational Psychology degree from the University of Memphis offers students a unique opportunity to invest in their future while gaining valuable skills and knowledge in the field of education. With a curriculum designed to equip graduates with the tools necessary for success, this program promises an impressive return on investment (ROI) for those pursuing careers in educational settings, counseling, and beyond.

When considering the ROI of an Educational Psychology degree, it's essential to evaluate both the financial and personal benefits. Graduates of the University of Memphis can expect competitive salaries in various roles, including school psychologists, educational consultants, and instructional coordinators. According to recent data, professionals in these fields typically earn salaries significantly above the national average, making this degree a financially sound choice.

Additionally, the demand for skilled professionals in educational psychology is on the rise. As schools and educational institutions increasingly recognize the importance of mental health and effective learning strategies, graduates will find a wealth of job opportunities available to them. This growing demand not only enhances job security but also positions graduates for long-term career growth.

Moreover, the University of Memphis is renowned for its experienced faculty and comprehensive support services, which contribute to a valuable educational experience. Students benefit from hands-on training, research opportunities, and networking prospects that can lead to internships and job placements. These resources play a crucial role in maximizing the ROI of the degree, as they help students develop practical skills that are highly sought after in the job market.

In addition to financial gains, obtaining an Educational Psychology degree fosters personal growth and fulfillment. Graduates often report increased job satisfaction and a sense of purpose as they contribute to the well-being and success of students and educational institutions. This intrinsic value is an essential aspect of the ROI that extends beyond monetary considerations.

In conclusion, pursuing an Educational Psychology degree from the University of Memphis is a wise investment for those looking to make a meaningful impact in the world of education. With strong earning potential, a favorable job market, and opportunities for personal development, graduates can expect a substantial return on their investment, making this program a compelling choice for aspiring educational professionals.

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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