Psychology Degree from Butler University Return on Investment

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

F D C B A
Approximate Total Payment $369,030
Approximate Total Interest $104,448
Monthly Payment $2562.71
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 butler university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 77.05%-57.34%

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: 20.86%-15.52%

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: 57.26%-42.60%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you'll make, and a Psychology degree from Butler University offers a compelling Return on Investment (ROI) that can enhance your career prospects and earning potential. With a strong emphasis on experiential learning and personalized instruction, Butler University equips its psychology graduates with the skills and knowledge necessary to excel in various fields.

One of the primary advantages of obtaining a Psychology degree from Butler University is the university's commitment to academic excellence and career readiness. Graduates benefit from a robust curriculum that combines theoretical knowledge with practical application, ensuring they are well-prepared for the job market. Butler's dedicated faculty, many of whom are active in research and professional practice, provide students with valuable insights and mentorship opportunities, further enhancing their educational experience.

The ROI of a Psychology degree can be measured not only in terms of salary but also in career opportunities. Graduates can pursue a variety of paths, including roles in mental health services, counseling, social work, human resources, and organizational psychology. According to recent surveys, Butler graduates report competitive starting salaries, which tend to increase significantly with experience and advanced degrees.

Furthermore, Butler University’s strong alumni network offers invaluable connections in various industries, facilitating job placements and internships that can enhance your resume. The university's location in Indianapolis provides access to a thriving job market, where psychology graduates can find diverse opportunities in healthcare, education, and private practice.

In conclusion, a Psychology degree from Butler University not only provides a solid educational foundation but also translates into a promising Return on Investment. By choosing Butler, you’re not just investing in a degree; you’re investing in your future, equipping yourself with the skills and connections necessary to succeed in a competitive workforce.

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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