Psychology Degree from Brigham Young University – Provo Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Brigham Young University – Provo is likely to work in.
Top job projections for graduates in psychology from brigham young university - provo
Clinical, counseling, and school psychologists
Projection Rating: C-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 27.22%-20.26%
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: 7.37%-5.48%
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: 20.23%-15.05%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a significant decision, and a Psychology degree from Brigham Young University (BYU) – Provo offers a compelling return on investment (ROI). This esteemed institution not only provides a robust curriculum but also emphasizes practical experience and personal development, preparing graduates for a variety of career paths in psychology and related fields.
The ROI of a Psychology degree from BYU – Provo can be measured in several ways. First, graduates benefit from a strong employment rate, with many securing positions in mental health services, counseling, social work, and organizational psychology. According to recent statistics, psychology graduates from BYU have an average starting salary that is competitive within the industry, ensuring that the financial investment in education pays off quickly.
Moreover, BYU's commitment to a values-based education helps students develop essential soft skills such as critical thinking, communication, and empathy. These skills are highly sought after by employers and can significantly enhance career advancement opportunities. The university's strong alumni network also provides a valuable resource for job placements and internships, further boosting the potential returns of your degree.
In addition to immediate financial benefits, a Psychology degree from BYU can pave the way for advanced studies. Many graduates pursue master's or doctoral degrees, which can lead to higher-paying positions and specialized roles within the field. This pathway not only increases earning potential but also enhances job satisfaction and professional fulfillment.
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.