Psychology Degree from Bradley University Return on Investment

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

F D C B A
Approximate Total Payment $318,393
Approximate Total Interest $90,116
Monthly Payment $2211.06
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 bradley university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 66.48%-49.47%

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: 18.00%-13.39%

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: 49.40%-36.76%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Are you considering pursuing a Psychology degree from Bradley University? Understanding the return on investment (ROI) of your education is crucial for making informed decisions about your future. A Psychology degree is not just a pathway to a career; it offers a wealth of opportunities and personal growth that can significantly enhance your life.

Bradley University’s Psychology program is designed to equip students with the necessary skills and knowledge to succeed in various fields, including mental health, education, and business. Graduates from this program are well-prepared to enter the workforce with a comprehensive understanding of human behavior, research methodologies, and critical thinking skills.

When assessing the ROI of a Psychology degree from Bradley, consider the following factors:

  • Career Opportunities: A Psychology degree opens doors to diverse career paths such as clinical psychology, counseling, social work, and human resources. Graduates have the flexibility to work in various settings, from schools to hospitals and corporate offices.
  • Job Market Demand: The demand for professionals in psychology and related fields continues to grow. According to the U.S. Bureau of Labor Statistics, employment in psychology is projected to grow by 3% from 2021 to 2031, indicating a stable job market for graduates.
  • Salary Potential: While individual salaries can vary widely based on specific roles and experience, the median annual wage for psychologists was approximately $82,180 in 2021. Many Bradley graduates report competitive salaries that reflect their education and expertise.
  • Networking Opportunities: At Bradley University, students benefit from strong connections with alumni and industry professionals. These networks can provide valuable resources for internships, job placements, and mentorship, enhancing your career prospects.
  • Personal Growth: Beyond financial considerations, a Psychology degree fosters personal development, critical thinking, and emotional intelligence—skills that are invaluable in both personal and professional contexts.

Investing in a Psychology degree from Bradley University is more than just a financial decision; it’s an investment in your future. With a solid education that prepares you for a rewarding career, the ROI of this degree is evident not only in potential earnings but also in the profound impact you can have on individuals and communities. Start your journey today and unlock the potential of your Psychology degree!

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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