Psychology Degree from Barnard College Return on Investment

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

F D C B A
Approximate Total Payment $462,732
Approximate Total Interest $130,969
Monthly Payment $3213.42
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 barnard college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 96.62%-71.89%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: C-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 26.16%-19.46%

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: 71.79%-53.42%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

The decision to pursue a Psychology degree from Barnard College is not just an academic choice; it’s an investment in your future. Understanding the return on investment (ROI) of this prestigious program can help you assess the long-term benefits of your education.

Barnard College, an esteemed women's liberal arts college in New York City, offers a Psychology program that combines rigorous academics with real-world applications. Graduates gain not only a comprehensive understanding of psychological theories but also critical thinking, research skills, and effective communication abilities, which are highly valued in today’s job market.

When evaluating the ROI of a Psychology degree from Barnard, consider the following factors:

  • Career Opportunities: A Psychology degree opens doors to a variety of career paths, including counseling, social work, human resources, marketing, and research. Many graduates find rewarding positions in mental health services, education, and corporate settings.
  • Average Salary: According to recent data, Barnard graduates with a Psychology degree earn competitive salaries. The average starting salary for psychology majors in New York City often exceeds the national average, reflecting the value of a Barnard education.
  • Networking and Alumni Connections: Barnard’s strong network of alumni provides current students with mentorship opportunities, internships, and job placements. The connections you make during your time at Barnard can significantly enhance your career trajectory.
  • Graduate School Preparation: For those interested in pursuing advanced degrees in psychology, social work, or related fields, Barnard’s program is an excellent foundation. Many graduates successfully gain admission to top graduate schools, increasing their earning potential and career options.

In conclusion, the return on investment for a Psychology degree from Barnard College is substantial. With its strong academic reputation, robust career support, and the vibrant environment of New York City, Barnard equips students with the skills and experiences necessary to thrive in a competitive job market. Investing in your education at Barnard not only enriches your knowledge but also sets the stage for a successful and fulfilling career.

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.

Get your personalized projection here!