Psychology Degree from CUNY Medgar Evers College Return on Investment

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

F D C B A
Approximate Total Payment $121,888
Approximate Total Interest $34,498
Monthly Payment $846.44
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 cuny medgar evers college

Clinical, counseling, and school psychologists

Projection Rating: C-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 25.45%-18.94%

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: 6.89%-5.13%

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: 18.91%-14.07%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you can make for your future. A Psychology Degree from CUNY Medgar Evers College not only equips you with essential knowledge and skills but also offers a remarkable return on investment (ROI) that can significantly impact your career trajectory and earning potential.

With a Psychology Degree, graduates gain a deep understanding of human behavior, critical thinking, and analytical skills, all of which are highly sought after in various fields. The curriculum at CUNY Medgar Evers College is designed to prepare students for diverse career opportunities in mental health, social services, education, and more. This flexibility allows graduates to adapt to changing job markets and pursue rewarding careers that align with their passions.

Moreover, the ROI of obtaining a Psychology Degree from CUNY Medgar Evers College is enhanced by the college’s strong network of alumni and industry connections. Graduates often find internships and job placements through these networks, which can lead to higher starting salaries and faster career advancement. With a growing demand for mental health professionals and related fields, the job outlook for psychology graduates remains promising.

Additionally, CUNY Medgar Evers College offers affordable tuition rates compared to many private institutions. This financial accessibility, combined with the potential for high-paying jobs in psychology and related fields, makes the investment in a degree from this esteemed institution particularly worthwhile. Many graduates report significant salary increases shortly after entering the workforce, further emphasizing the value of this degree.

In conclusion, pursuing a Psychology Degree from CUNY Medgar Evers College is not just an academic decision; it’s a strategic investment in your future. With strong job prospects, impressive earning potential, and a robust support system, this degree can lead to a fulfilling and financially rewarding career. Start your journey today and unlock the doors to numerous opportunities in the field of psychology!

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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