Psychology Degree from Alabama A & M University Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from Alabama A & M University is likely to work in.

F D C B A
Approximate Total Payment $162,449
Approximate Total Interest $45,979
Monthly Payment $1128.12
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 psychology from alabama a & m university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 33.92%-25.24%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: A-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 9.18%-6.83%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 25.20%-18.75%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Obtaining a Psychology Degree from Alabama A & M University offers a significant return on investment (ROI) for students looking to build a successful career in the field of psychology and beyond. With a strong curriculum that combines theoretical knowledge and practical skills, graduates are well-prepared for a variety of roles in mental health, social services, and other related sectors.

One of the key advantages of earning your psychology degree at Alabama A & M University is the affordability of tuition, which allows students to graduate with less debt compared to many other institutions. This financial benefit, combined with the university's robust career services, enhances job placement rates, further increasing the ROI for graduates.

Moreover, the demand for psychology professionals continues to rise, with careers in counseling, therapy, and social work projected to grow in the coming years. Graduates can expect competitive salaries that reflect their skills and educational background, making the investment in a degree from Alabama A & M University a smart financial decision.

Additionally, the university's strong alumni network and partnerships with local organizations provide students with valuable networking opportunities, internships, and job placements, all of which contribute to a favorable return on investment. By choosing Alabama A & M University for your psychology degree, you’re not just investing in your education; you’re paving the way for a successful and fulfilling career.

In conclusion, a Psychology Degree from Alabama A & M University is not only an academic achievement but also a strategic investment in your future. With affordable tuition, strong job prospects, and a supportive community, students can confidently expect a rewarding return on their educational investment.

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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