Psychology Degree from Alcorn State University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Alcorn State University is likely to work in.
Top job projections for graduates in psychology from alcorn state university
Clinical, counseling, and school psychologists
Projection Rating: D
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 33.35%-24.82%
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: 9.03%-6.72%
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: 24.78%-18.44%
Employment Change: 84.5%
Entry-Level Education: Master's degree
When considering a Psychology Degree from Alcorn State University, understanding the return on investment (ROI) is crucial for prospective students. This degree not only opens doors to a variety of career paths but also enhances your earning potential and job security in a growing field.
Alcorn State University offers a comprehensive psychology program that equips students with essential skills in critical thinking, research, and interpersonal communication. Graduates are prepared to enter diverse roles such as clinical psychologists, counselors, and human resources professionals, making them highly sought after in various industries.
The ROI of obtaining a psychology degree from Alcorn State is significant. Graduates can expect competitive starting salaries, with many earning upwards of $40,000 annually, depending on their specific role and location. Additionally, as you gain experience and potentially pursue advanced degrees, your earning potential can increase substantially, with seasoned professionals often earning $70,000 or more per year.
Moreover, the demand for psychology professionals continues to rise. According to the U.S. Bureau of Labor Statistics, employment for psychologists is projected to grow by 14% from 2018 to 2028, much faster than the average for all occupations. This growth translates to more job opportunities and greater job security for graduates.
Investing in a psychology degree from Alcorn State University not only enriches your knowledge and skills but also offers a favorable return on investment through strong career prospects and financial rewards. Make a choice that benefits your future and consider how a psychology degree can pave the way for your success.
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.