Psychology Degree from Central Washington University Return on Investment

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

F D C B A
Approximate Total Payment $162,729
Approximate Total Interest $46,058
Monthly Payment $1130.06
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 central washington university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 33.98%-25.28%

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: 9.20%-6.84%

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: 25.25%-18.79%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

Investing in your future is one of the most important decisions you can make, and earning a Psychology Degree from Central Washington University (CWU) is a choice that promises significant returns. With a comprehensive curriculum that combines theoretical knowledge with practical applications, CWU prepares students for a diverse range of career opportunities in the growing field of psychology.

When evaluating the return on investment (ROI) of a psychology degree, consider factors such as employment rates, average salaries, and career advancement opportunities. Graduates from CWU benefit from a robust alumni network and dedicated career services that enhance job placement rates and support ongoing professional development.

The demand for psychology professionals continues to rise, with roles in mental health, counseling, human resources, and organizational psychology becoming increasingly vital. According to recent labor statistics, those holding a bachelor’s degree in psychology can expect to earn an average starting salary of around $40,000, with potential earnings significantly increasing with advanced degrees and experience.

Moreover, CWU’s psychology program emphasizes hands-on learning through internships and research opportunities, allowing students to gain valuable experience that enhances their employability. This practical approach not only enriches the educational experience but also provides a competitive edge in the job market.

In addition to financial benefits, obtaining a psychology degree from CWU fosters personal growth and understanding of human behavior, equipping graduates with skills that are applicable in various aspects of life and work. The ability to communicate effectively, think critically, and empathize with others are invaluable traits that can enhance your career trajectory, regardless of the field you choose.

In conclusion, a Psychology Degree from Central Washington University is more than just an academic credential; it’s an investment in your future. With a strong ROI characterized by high employment rates, competitive salaries, and invaluable personal development, pursuing this degree can set you on a path to a rewarding and fulfilling career.

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.

Get your personalized projection here!