Psychology Degree from Drexel University Return on Investment

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

F D C B A
Approximate Total Payment $426,657
Approximate Total Interest $120,758
Monthly Payment $2962.89
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 drexel university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 89.09%-66.29%

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: 24.12%-17.95%

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: 66.20%-49.26%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

When considering a Psychology Degree from Drexel University, one of the most critical factors to evaluate is the return on investment (ROI). With the rising costs of higher education, understanding the financial benefits of your degree is essential for making an informed decision about your academic future.

Drexel University offers a comprehensive Psychology program that equips students with the skills necessary to excel in various fields, including mental health, counseling, and research. Graduates of this program often find rewarding careers in both public and private sectors, which can lead to a substantial increase in earning potential.

According to recent data, psychology graduates from Drexel report higher starting salaries compared to national averages. With a focus on experiential learning and co-op opportunities, students gain practical experience that enhances their employability. This hands-on approach not only enriches the educational experience but also helps to build a professional network that can be invaluable in job searches.

Moreover, the program's strong emphasis on critical thinking, communication, and analytical skills prepares graduates for a wide range of career paths. Whether pursuing advanced studies or entering the workforce directly, the versatility of a psychology degree from Drexel ensures that students can adapt to various roles and industries, further maximizing their ROI.

Investing in a Psychology Degree from Drexel University is not just about the immediate financial returns; it is also about the long-term benefits of personal growth and professional development. With a robust alumni network and ongoing support from the university, graduates are well-positioned to thrive in their chosen careers.

In summary, a psychology degree from Drexel University offers a promising return on investment, combining quality education, practical experience, and strong career prospects. As you weigh your options, consider the long-term value of this degree and how it can pave the way for a successful future in psychology and related fields.

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.

Get your personalized projection here!