Psychology Degree from Cerro Coso Community College Return on Investment

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

F D C B A
Approximate Total Payment $97,810
Approximate Total Interest $27,683
Monthly Payment $679.23
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 cerro coso community college

Clinical, counseling, and school psychologists

Projection Rating: C+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 20.42%-15.20%

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: 5.53%-4.11%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 15.18%-11.29%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a psychology degree from Cerro Coso Community College offers numerous benefits that extend far beyond the classroom. With a focus on practical skills and real-world applications, this program equips students with the knowledge they need to excel in various fields, including mental health, education, and social services. But how does this degree translate into a solid return on investment (ROI)?

First and foremost, a psychology degree opens up a wide range of career opportunities. Graduates can pursue roles as mental health counselors, human resources specialists, or social workers. These positions often come with competitive salaries and the potential for job growth, particularly as awareness of mental health issues continues to rise.

The cost of obtaining a psychology degree at Cerro Coso Community College is significantly lower than at many four-year institutions, making it a financially sound choice for students. By completing your degree at a community college, you can save on tuition and fees while still receiving a quality education. This lower initial investment increases the likelihood of achieving a favorable ROI once you enter the workforce.

Additionally, Cerro Coso Community College offers flexible learning options, including online courses that allow students to balance work and study. This flexibility means that you can continue to earn an income while pursuing your degree, further enhancing your financial situation.

Another factor contributing to the ROI of a psychology degree from Cerro Coso is the strong support network available to students. The college provides resources such as academic advising, career services, and internships that help students gain valuable experience and connections in the field. These resources can lead to job placements and higher starting salaries, maximizing your return on investment.

In summary, obtaining a psychology degree from Cerro Coso Community College is a strategic investment in your future. With affordable tuition, flexible learning options, and a wealth of career opportunities, this degree can lead to a rewarding and financially beneficial career path. Start your journey today and reap the long-term rewards of a 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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