Psychology Degree from Earlham College Return on Investment

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

F D C B A
Approximate Total Payment $398,728
Approximate Total Interest $112,854
Monthly Payment $2768.95
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 earlham college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 83.26%-61.95%

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: 22.54%-16.77%

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: 61.86%-46.03%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a psychology degree from Earlham College, understanding the return on investment (ROI) is crucial for prospective students. With its rich tradition of liberal arts education, Earlham College equips students with the analytical and critical thinking skills necessary to excel in various career paths.

The ROI of a psychology degree from Earlham goes beyond mere financial metrics. Graduates often find fulfilling careers in mental health, counseling, social work, and research. The demand for skilled professionals in these fields continues to grow, ensuring that a degree from Earlham can lead to stable and rewarding job opportunities.

Moreover, Earlham College's strong emphasis on experiential learning, including internships and research projects, enhances students' employability. Graduates leave not just with theoretical knowledge but with practical experience that employers value. This hands-on approach significantly boosts job placement rates, further solidifying the ROI of an Earlham psychology degree.

Financially, while the initial investment in tuition may seem daunting, the long-term benefits often outweigh the costs. Graduates with a psychology degree can expect competitive salaries. According to national statistics, professionals in psychology-related fields can earn a median salary well above the national average, making the degree a worthwhile investment.

Additionally, Earlham College offers robust career support services that help students navigate their career paths effectively. From resume workshops to interview preparation, the college ensures that its graduates are well-equipped to enter the job market confidently.

In summary, pursuing a psychology degree from Earlham College not only provides students with a solid educational foundation but also offers a promising return on investment. With a combination of experiential learning, strong career support, and a growing job market, students can be assured that their investment in education will pay off in both personal and professional growth.

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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