Psychology Degree from Augustana University Return on Investment

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

F D C B A
Approximate Total Payment $287,211
Approximate Total Interest $81,291
Monthly Payment $1994.52
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 augustana university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 59.97%-44.62%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: B-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 16.24%-12.08%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 44.56%-33.16%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and choosing to pursue a psychology degree from Augustana University is no exception. Understanding the return on investment (ROI) of this degree can help you make an informed choice about your future.

Augustana University offers a comprehensive psychology program that equips students with essential skills and knowledge. Graduates are well-prepared for various careers in mental health, social services, research, and education. The ROI of a psychology degree from Augustana is evident in the competitive salaries and job opportunities available to graduates in these fields.

According to recent data, psychology graduates from Augustana University enjoy a high employment rate, with many finding positions in reputable organizations shortly after graduation. The skills acquired during the program—such as critical thinking, communication, and problem-solving—are highly valued by employers, making Augustana graduates stand out in the job market.

Moreover, the university’s strong network of alumni and partnerships with local organizations provides students with valuable internship opportunities. These experiences not only enhance learning but also bolster resumes, increasing the likelihood of securing desirable positions post-graduation.

When considering the financial aspects, the cost of attending Augustana University is competitive, and many students benefit from scholarships and financial aid options. The investment in a psychology degree is further justified by the potential for long-term career growth and stability in various sectors. With the rising demand for mental health professionals, graduates can expect to see their earning potential increase over time.

In conclusion, a psychology degree from Augustana University offers a favorable return on investment. With a solid academic foundation, extensive career support, and a commitment to student success, Augustana prepares graduates for a fulfilling and lucrative career in psychology and related fields.

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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