Psychology Degree from Coe College Return on Investment

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

F D C B A
Approximate Total Payment $355,988
Approximate Total Interest $100,757
Monthly Payment $2472.14
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 coe college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 74.33%-55.31%

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: 20.12%-14.97%

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: 55.23%-41.10%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree is a significant investment in your future, and understanding the return on investment (ROI) is crucial for prospective students. At Coe College, the psychology program not only offers a comprehensive education in the field but also prepares graduates for a successful career. Here's a closer look at the ROI of obtaining a psychology degree from Coe College.

1. Quality Education: Coe College is renowned for its academic excellence and personalized learning experience. With a low student-to-faculty ratio, students receive individualized attention, fostering a deeper understanding of psychological principles and theories. This solid educational foundation translates into enhanced employability and career advancement opportunities.

2. Diverse Career Opportunities: Graduates with a psychology degree from Coe College have a wide range of career paths available to them, including roles in mental health services, education, counseling, research, and human resources. The skills acquired during the program—such as critical thinking, communication, and analytical abilities—are highly valued across various industries.

3. Competitive Salaries: The financial benefits of earning a psychology degree are significant. According to national statistics, psychology graduates can expect competitive starting salaries, with the potential for substantial increases as they gain experience and specialize in their fields. Many alumni have reported successful careers that lead to positions with six-figure salaries, particularly in clinical psychology and organizational psychology.

4. Alumni Network: Coe College boasts a strong alumni network that can be instrumental in job placement and career growth. Networking with successful graduates opens doors to internships and job opportunities, providing a significant advantage in the competitive job market.

5. Lifelong Impact: Beyond immediate financial returns, a psychology degree fosters personal growth and a deeper understanding of human behavior. This knowledge not only enhances your professional life but also enriches your personal interactions and community engagement, leading to a fulfilling life overall.

In conclusion, the return on investment for a psychology degree from Coe College is compelling. With quality education, diverse career opportunities, competitive salaries, a supportive alumni network, and the lifelong benefits of understanding human behavior, investing in a psychology degree from Coe College is a decision that can yield significant dividends for 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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