Psychology Degree from DePaul University Return on Investment

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

F D C B A
Approximate Total Payment $364,408
Approximate Total Interest $103,140
Monthly Payment $2530.61
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 depaul university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 76.09%-56.62%

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: 20.60%-15.33%

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: 56.54%-42.07%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from DePaul University, one of the most important factors to evaluate is the return on investment (ROI). With a comprehensive curriculum that blends theoretical knowledge and practical application, DePaul’s psychology program equips students with the skills needed to thrive in various professional settings.

Graduates of DePaul University enjoy a robust employment rate, with many securing rewarding positions in fields such as mental health, social services, and education. The university's strong connections with local organizations and its emphasis on experiential learning provide students with valuable networking opportunities, enhancing their job prospects post-graduation.

Financially, the ROI of a psychology degree from DePaul is compelling. The average starting salary for graduates in psychology can vary, but many report competitive wages that increase significantly with experience. Additionally, the skills acquired during the program—such as critical thinking, communication, and analytical abilities—are highly sought after by employers, further boosting earning potential.

DePaul also offers various financial aid options, scholarships, and flexible learning formats, making it accessible for a diverse range of students. This financial support can ease the burden of student loans, allowing graduates to see a quicker return on their educational investment.

Moreover, the value of a psychology degree extends beyond immediate financial gain. Graduates often find fulfilling careers that align with their passions, contributing positively to society and enhancing their overall quality of life. The personal growth and professional development gained through DePaul’s program create a lasting impact that transcends monetary measures.

In summary, pursuing a Psychology Degree from DePaul University not only provides a solid foundation for a successful career but also offers a promising return on investment through competitive salaries, valuable skills, and personal fulfillment. For those passionate about understanding human behavior and making a difference, this degree can be a worthwhile commitment.

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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