Psychology Degree from Concordia University – Chicago Return on Investment

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

F D C B A
Approximate Total Payment $275,865
Approximate Total Interest $78,079
Monthly Payment $1915.73
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 concordia university - chicago

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 57.60%-42.86%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: B-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 15.59%-11.60%

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: 42.80%-31.85%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and choosing a psychology degree from Concordia University – Chicago can yield substantial returns. With a comprehensive curriculum designed to equip you with essential skills in understanding human behavior, mental processes, and emotional well-being, a psychology degree from Concordia not only enhances your knowledge but also opens the door to numerous career opportunities.

The return on investment (ROI) for obtaining a psychology degree at Concordia University – Chicago is noteworthy. Graduates are well-prepared for diverse roles in various sectors, including counseling, social work, human resources, and organizational psychology. The university’s strong focus on practical experience, combined with access to dedicated faculty and resources, ensures that students graduate with both theoretical knowledge and hands-on expertise.

Moreover, Concordia’s robust alumni network and career services provide ongoing support, helping graduates secure positions in competitive job markets. According to recent studies, individuals with a psychology degree can expect to earn a competitive salary, with many reporting significant increases in their earning potential over time. This makes the investment in a psychology degree not just an educational pursuit, but a strategic career move.

In addition to financial benefits, pursuing a psychology degree at Concordia University – Chicago fosters personal growth and a deeper understanding of societal issues. Students learn to analyze complex problems, develop critical thinking skills, and improve their ability to communicate effectively—all of which are invaluable in today’s job market.

Choosing Concordia University – Chicago for your psychology degree means investing in an education that pays dividends professionally and personally. With a focus on student success and a commitment to excellence, Concordia is your gateway to a rewarding career in psychology. Start your journey today and discover the potential return on investment that a psychology degree can offer!

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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