Psychology Degree from Elmhurst College Return on Investment

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

F D C B A
Approximate Total Payment $333,923
Approximate Total Interest $94,511
Monthly Payment $2318.91
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 elmhurst college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 69.72%-51.88%

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: 18.88%-14.05%

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: 51.81%-38.55%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Are you considering pursuing a psychology degree from Elmhurst College? Understanding the return on investment (ROI) of your education is essential for making informed decisions about your future. Elmhurst College offers a comprehensive psychology program that not only equips students with critical thinking and analytical skills but also prepares them for a variety of career paths in a growing field.

One of the most compelling aspects of obtaining a psychology degree from Elmhurst College is the potential for high earning potential post-graduation. Graduates can pursue careers in counseling, social work, human resources, and more, with many positions offering competitive salaries. According to recent statistics, psychology graduates can earn an average starting salary that is significantly higher than the national average for bachelor's degree holders.

Additionally, Elmhurst College boasts a strong network of alumni and industry connections, which can enhance job placement opportunities. The college’s career services provide students with valuable resources, including internships and job fairs, helping them to gain practical experience and establish professional networks before they even graduate.

Furthermore, the skills acquired through the psychology program—such as effective communication, problem-solving, and emotional intelligence—are highly sought after in various industries. Employers value these skills, which can lead to increased job security and opportunities for advancement.

Investing in a psychology degree from Elmhurst College is not just about the immediate financial returns; it’s also about the long-term benefits of personal and professional growth. The education you receive will empower you to make a positive impact in your community and beyond, while also providing the foundation for a rewarding career.

In conclusion, the return on investment of a psychology degree from Elmhurst College is significant. With competitive salaries, strong career support, and valuable skills development, you can feel confident that your investment in education will pay off in both your personal and professional life. Take the first step towards a fulfilling career in psychology today!

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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