Psychology Degree from Colorado College Return on Investment

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

F D C B A
Approximate Total Payment $434,206
Approximate Total Interest $122,895
Monthly Payment $3015.32
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 colorado college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 90.66%-67.46%

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: 24.54%-18.26%

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: 67.37%-50.13%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree from Colorado College is not just about acquiring knowledge; it's an investment in your future. Understanding the return on investment (ROI) associated with this degree can significantly influence your educational choices and career path.

Graduates from Colorado College's psychology program benefit from a robust curriculum that emphasizes critical thinking, research skills, and practical applications of psychological theories. These skills are highly sought after in various fields, including mental health services, education, business, and social work, broadening the career opportunities available to graduates.

When considering the ROI of a psychology degree from Colorado College, it's essential to evaluate both financial and intangible benefits. Graduates often see a substantial increase in earning potential compared to those without a degree. According to recent data, psychology degree holders can earn an average salary ranging from $40,000 to $70,000 annually, depending on their career paths and levels of experience.

Moreover, the experiential learning opportunities offered by Colorado College, including internships and research projects, provide students with real-world experience that enhances their employability. Alumni frequently report that their education equipped them with the skills to navigate the job market successfully and advance in their careers.

The alumni network from Colorado College also plays a crucial role in the ROI of a psychology degree. Networking opportunities with successful graduates can lead to mentorship, job placements, and collaborative projects, further enhancing career prospects.

In conclusion, a psychology degree from Colorado College offers a substantial return on investment through increased earning potential, valuable skills, and a strong professional network. By choosing this program, you are setting yourself up for a rewarding career that makes a positive impact on individuals and communities.

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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