Psychology Degree from Duquesne University Return on Investment

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

F D C B A
Approximate Total Payment $332,561
Approximate Total Interest $94,126
Monthly Payment $2309.45
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 duquesne university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 69.44%-51.67%

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: 18.80%-13.99%

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: 51.60%-38.39%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree is significant, and understanding the return on investment (ROI) is crucial for prospective students. A psychology degree from Duquesne University offers not just a comprehensive education but also a pathway to a rewarding career. This program combines rigorous academic training with practical experience, positioning graduates for success in various fields.

One of the standout features of Duquesne's psychology program is its strong emphasis on experiential learning. Students engage in internships and research projects that enhance their skills and employability. This hands-on approach not only enriches the academic experience but also makes graduates more attractive to employers. The connections made during these experiences often lead to job opportunities, further increasing the ROI of the degree.

Moreover, the demand for psychology professionals continues to rise. Graduates can find fulfilling careers in diverse areas such as mental health services, human resources, education, and social work. The Bureau of Labor Statistics projects significant job growth for psychologists and related roles, indicating a steady increase in earning potential for those with a degree in psychology.

Financially, investing in a psychology degree from Duquesne University can yield substantial returns. The university's strong reputation and commitment to student success ensure that graduates are well-prepared to enter the job market. Many alumni report competitive salaries and job satisfaction, underscoring the value of their education.

Additionally, Duquesne University offers various financial aid options, scholarships, and work-study programs, making it more accessible for students to finance their education. This support can significantly reduce the cost of obtaining a degree, enhancing the overall ROI.

In summary, a psychology degree from Duquesne University not only equips students with essential skills and knowledge but also provides a strong return on investment. With a growing job market, comprehensive educational experiences, and financial support options, graduates can confidently embark on successful careers 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.

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