Psychology Degree from Illinois State University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Illinois State University is likely to work in.
Top job projections for graduates in psychology from illinois state university
Clinical, counseling, and school psychologists
Projection Rating: F+
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 41.48%-30.86%
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: 11.23%-8.36%
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: 30.82%-22.93%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a critical decision, and understanding the return on investment (ROI) of a Psychology Degree from Illinois State University (ISU) is essential for prospective students. This degree not only equips you with valuable knowledge about human behavior but also opens doors to a variety of lucrative career paths.
Illinois State University's Psychology Department is renowned for its comprehensive curriculum, experienced faculty, and hands-on learning opportunities. Graduates emerge with a strong foundation in psychological theories, research methods, and practical applications, making them highly competitive in the job market.
In terms of financial ROI, graduates with a Psychology Degree from ISU can expect a competitive starting salary, with many entering fields such as counseling, social work, human resources, and market research. According to recent data, the average starting salary for psychology graduates in Illinois is significantly above the national average, ensuring that your investment in education pays off.
Moreover, the skills developed during your studies—such as critical thinking, analytical reasoning, and effective communication—are highly sought after in various industries, further enhancing your earning potential over time. Many ISU graduates report career advancement and increased salaries within just a few years of entering the workforce.
Additionally, ISU offers various support services, including career counseling and internship opportunities, which can help you secure a rewarding job post-graduation. These resources not only aid in job placement but also contribute to a higher ROI by connecting students with employers who value ISU's rigorous academic training.
In conclusion, pursuing a Psychology Degree from Illinois State University is not just an academic endeavor; it is a strategic investment in your future. With a favorable ROI reflecting strong earning potential and career opportunities, ISU stands out as a smart choice for students looking to make a meaningful impact in the field of psychology and beyond.
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.