Psychology Degree from Carthage College Return on Investment

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

F D C B A
Approximate Total Payment $357,622
Approximate Total Interest $101,219
Monthly Payment $2483.49
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 carthage college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 74.67%-55.56%

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: 20.22%-15.04%

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: 55.49%-41.29%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a psychology degree from Carthage College offers significant long-term benefits that extend beyond the classroom. With a robust curriculum and hands-on learning opportunities, students are prepared for a variety of career paths in mental health, education, and human services. But what does the return on investment (ROI) look like for graduates?

According to recent statistics, graduates with a psychology degree can expect to earn a competitive salary. Entry-level positions in fields such as counseling, social work, and human resources often start at a respectable income, with experienced professionals enjoying salaries well into the six figures. This upward trajectory in earnings illustrates the financial viability of a psychology degree from Carthage College.

Additionally, the skills gained through this program—critical thinking, communication, and analytical abilities—are highly valued by employers across various industries. This versatility means that graduates are not limited to traditional roles but can explore opportunities in business, marketing, and more, further enhancing their earning potential.

Carthage College also provides exceptional career support, including networking opportunities and internships that can lead to job placements. The college’s strong alumni network allows graduates to connect with industry professionals, paving the way for mentorship and career advancement.

Furthermore, the personal growth experienced during the psychology program equips students with a deeper understanding of human behavior, making them not only valuable employees but also effective leaders. This holistic development translates into a greater chance of job satisfaction and stability, which are critical components of long-term career success.

In conclusion, the return on investment for a psychology degree from Carthage College is substantial. With a solid foundation for a rewarding career, excellent earning potential, and valuable skill sets, graduates are well-prepared to make a meaningful impact in their chosen fields. By choosing Carthage, you are not just earning a degree; you are investing in your future.

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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