Psychology Degree from Boston College Return on Investment

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

F D C B A
Approximate Total Payment $459,093
Approximate Total Interest $129,939
Monthly Payment $3188.15
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 boston college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 95.86%-71.33%

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: 25.95%-19.31%

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: 71.23%-53.00%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology degree from Boston College, one of the most important factors to evaluate is the return on investment (ROI). This prestigious institution not only offers a robust academic program but also equips students with essential skills that translate into a successful career in psychology and related fields.

The ROI of obtaining a psychology degree from Boston College can be measured in various ways, including potential salary, job placement rates, and the overall value of the education received. Graduates often find themselves in high-demand positions, with opportunities in counseling, social work, human resources, and research.

According to recent data, Boston College graduates with a psychology degree can expect to earn competitive salaries, significantly higher than the national average for similar degrees. This financial advantage, combined with the school's strong alumni network and career support services, enhances the overall ROI for students.

Furthermore, Boston College is renowned for its commitment to student success, offering internships, practical experience, and networking opportunities that can lead to rewarding careers. The university’s location in Boston, a hub for healthcare and education, provides additional advantages for psychology students seeking internships and job placements.

Investing in a psychology degree from Boston College is more than just a financial decision; it’s a step towards a fulfilling career that positively impacts individuals and communities. With a strong academic foundation, practical experience, and a supportive alumni network, graduates are well-prepared to navigate the complexities of the psychology field and achieve long-term success.

In summary, the return on investment for a psychology degree from Boston College is promising, making it a smart choice for prospective students. By choosing Boston College, you are not only investing in your education but also paving the way for a future filled with opportunities in various sectors.

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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