Psychology Degree from Gustavus Adolphus College Return on Investment

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

F D C B A
Approximate Total Payment $378,289
Approximate Total Interest $107,068
Monthly Payment $2627.01
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 gustavus adolphus college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 78.99%-58.77%

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: 21.38%-15.91%

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: 58.69%-43.67%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology degree from Gustavus Adolphus College, one of the most crucial factors to evaluate is the return on investment (ROI). This esteemed institution not only provides a robust academic foundation but also paves the way for promising career opportunities in various fields.

The ROI of a Psychology degree from Gustavus goes beyond just the financial aspect; it encompasses the value of education, experiences, and the skills gained throughout the program. Graduates often find themselves well-prepared for diverse roles in mental health, social services, education, and business, among others.

With a focus on experiential learning, students engage in internships and research projects that enhance their practical skills and marketability. This hands-on approach, combined with a supportive faculty, ensures that graduates are not only knowledgeable but also equipped to make a meaningful impact in their chosen careers.

Additionally, the alumni network of Gustavus Adolphus College offers valuable connections that can lead to job opportunities and mentorship. Many graduates report high levels of job satisfaction and the ability to secure positions that align with their career aspirations, further contributing to the positive ROI of their degree.

In terms of salary, Psychology graduates from Gustavus often command competitive wages, with many advancing to higher-paying roles over time. The versatility of a Psychology degree means that graduates can pivot into various sectors, increasing their earning potential and career longevity.

Ultimately, the return on investment for a Psychology degree from Gustavus Adolphus College is substantial. With a commitment to academic excellence, hands-on experience, and a strong alumni network, students can confidently embark on a rewarding career path that offers both personal and professional fulfillment.

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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