Psychology Degree from Bennett College Return on Investment

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

F D C B A
Approximate Total Payment $231,090
Approximate Total Interest $65,406
Monthly Payment $1604.79
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 bennett college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 48.25%-35.90%

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: 13.06%-9.72%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 35.85%-26.68%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and pursuing a psychology degree from Bennett College is no exception. Understanding the return on investment (ROI) of this degree can help you make an informed choice about your future. At Bennett College, a rich academic environment awaits you, complete with experienced faculty and a supportive community that fosters personal and professional growth.

The ROI of a psychology degree from Bennett College is multifaceted. Graduates often find themselves well-prepared for a variety of career paths, including clinical psychology, counseling, social work, and human resources. With the increasing demand for mental health professionals, the job market for psychology graduates is promising, leading to competitive salaries and opportunities for advancement.

Moreover, Bennett College emphasizes experiential learning, allowing students to gain hands-on experience in real-world settings. This practical approach not only enhances your resume but also equips you with the skills needed to excel in your chosen field. By participating in internships and community service projects, you’ll build a professional network that can lead to job opportunities post-graduation.

Financially, a psychology degree can open doors to positions that offer attractive salaries. According to the U.S. Bureau of Labor Statistics, the median annual wage for psychologists was over $80,000, with many roles offering benefits and job security. Additionally, the skills gained during your studies, such as critical thinking, communication, and problem-solving, are highly valued in various industries, making you a versatile candidate in the workforce.

Furthermore, Bennett College’s commitment to student success is evident through its career services and alumni network. These resources provide ongoing support, helping you navigate your career path and maximize your earning potential. The college’s strong emphasis on diversity and inclusion enriches the educational experience, preparing you to work effectively in multicultural environments.

In conclusion, pursuing a psychology degree from Bennett College is an investment in your future that can yield substantial returns. With a combination of academic excellence, practical experience, and robust career support, you will be well-equipped to embark on a fulfilling career that not only benefits you but also contributes positively to society. Consider the long-term value of this degree as you take the next step towards your professional aspirations.

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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