Psychology Degree from Hampton University Return on Investment

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

F D C B A
Approximate Total Payment $255,667
Approximate Total Interest $72,362
Monthly Payment $1775.47
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 hampton university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 53.38%-39.72%

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: 14.45%-10.75%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 39.67%-29.52%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a Psychology degree is a significant investment in your future, and understanding the return on investment (ROI) is essential. Hampton University offers a comprehensive Psychology program that not only equips students with essential knowledge and skills but also enhances their career prospects in a variety of fields.

Graduating with a Psychology degree from Hampton University opens doors to numerous career opportunities. Graduates can find rewarding positions in mental health services, social work, human resources, and educational settings. The demand for psychology professionals continues to grow, which means that the potential for job stability and advancement is high.

Moreover, Hampton University provides students with a unique blend of academic rigor and practical experience. Through internships, research opportunities, and community engagement, students gain valuable hands-on experience that sets them apart in the job market. This experiential learning not only boosts employability but also enhances earning potential, making the investment in a Psychology degree from Hampton University worthwhile.

In terms of financial ROI, graduates can expect competitive starting salaries that increase significantly with experience. According to industry reports, individuals with a Bachelor's degree in Psychology can earn an average starting salary of around $40,000, with the potential to double that with advanced degrees and specialization. Additionally, the strong alumni network and career services offered by Hampton University provide ongoing support for graduates, helping them navigate the job market and secure lucrative positions.

In conclusion, investing in a Psychology degree from Hampton University not only enriches your understanding of human behavior but also offers a promising return on investment in terms of career opportunities and earning potential. With a solid educational foundation and the support of a dedicated faculty, students are well-prepared to make a meaningful impact in their chosen 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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