Psychology Degree from Ball State University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Ball State University is likely to work in.
Top job projections for graduates in psychology from ball state university
Clinical, counseling, and school psychologists
Projection Rating: D
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 34.44%-25.63%
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: 9.32%-6.94%
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: 25.59%-19.04%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a significant decision, and understanding the return on investment (ROI) for a psychology degree from Ball State University is crucial for prospective students. With a strong reputation in the field of psychology, Ball State offers a comprehensive curriculum that equips students with the skills necessary for a successful career. But what does this mean in terms of ROI?
Ball State University's psychology program emphasizes both theoretical knowledge and practical experience. Graduates are well-prepared for various career paths, including counseling, social work, human resources, and research. The demand for professionals in psychology continues to grow, offering promising job prospects and competitive salaries.
According to recent statistics, psychology graduates from Ball State report higher-than-average starting salaries compared to their peers from other institutions. The university’s strong alumni network and career support services also enhance job placement rates, further increasing the value of your degree.
Moreover, Ball State’s commitment to affordable education means that students can graduate with less debt, maximizing their ROI. By choosing a psychology degree from Ball State University, you are not only investing in your education but also setting yourself up for a successful and fulfilling career in a field that makes a difference.
In conclusion, a psychology degree from Ball State University offers an impressive return on investment. With robust career opportunities, strong earning potential, and a supportive educational environment, your decision to pursue this degree can lead to both personal and financial growth. Start your journey today and reap the benefits of your investment in the future.
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.