Psychology Degree from Delaware State University Return on Investment

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

F D C B A
Approximate Total Payment $155,732
Approximate Total Interest $44,077
Monthly Payment $1081.47
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 delaware state university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 32.52%-24.20%

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: 8.80%-6.55%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 24.16%-17.98%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Psychology degree from Delaware State University is crucial for prospective students. This degree not only equips you with essential skills in understanding human behavior but also opens doors to a variety of rewarding career paths.

Delaware State University offers a comprehensive Psychology program that combines theoretical knowledge with practical experience. Graduates are prepared for roles in mental health services, counseling, social work, human resources, and more. The demand for psychology professionals is consistently high, ensuring that your degree will provide strong job prospects upon graduation.

One of the key factors contributing to the ROI of a Psychology degree from Delaware State University is the affordability of tuition compared to other institutions. With a focus on providing quality education at a reasonable cost, students can graduate with less debt, making it easier to achieve financial stability after completing their studies.

Furthermore, alumni from Delaware State University report competitive salaries in the field of psychology. According to recent statistics, psychology graduates can expect to earn a median salary that reflects positively on their investment. Many graduates also pursue further education, such as master's or doctoral degrees, which can lead to even higher earning potential and advanced career opportunities.

In addition to financial benefits, a degree in Psychology fosters critical thinking, communication, and analytical skills, which are highly valued in today's job market. These transferable skills not only enhance employability but also contribute to personal growth and fulfillment.

In summary, obtaining a Psychology degree from Delaware State University represents a sound investment in your future. With affordable tuition, strong job prospects, and the development of valuable skills, the ROI of this degree is evident. Start your journey to a rewarding career in psychology today and discover the benefits that await you!

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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