Psychology Degree from James Madison University Return on Investment

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

F D C B A
Approximate Total Payment $170,967
Approximate Total Interest $48,389
Monthly Payment $1187.27
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 james madison university

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 35.70%-26.56%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: A-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 9.66%-7.19%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 26.53%-19.74%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

When considering a Psychology degree from James Madison University (JMU), one of the most important factors to evaluate is the return on investment (ROI). A degree in Psychology can open doors to various career paths, including clinical psychology, counseling, social work, and human resources. Graduates from JMU are equipped with not only theoretical knowledge but also practical skills that are highly valued in the workforce.

JMU's Psychology program is designed to provide students with a comprehensive understanding of human behavior, research methods, and statistical analysis. This solid foundation prepares graduates for a range of occupations, making them competitive candidates in a growing job market. In fact, recent data shows that JMU Psychology graduates have a high employment rate within six months of graduation, which is a strong indicator of the program's effectiveness.

Moreover, the financial investment in a Psychology degree at JMU can yield significant long-term benefits. According to recent salary surveys, alumni can expect to earn a competitive starting salary, with potential for growth as they gain experience and advance in their careers. Many graduates find positions in high-demand fields, which can further enhance their earning potential over time.

Additionally, JMU offers a range of resources and support services to help students transition from academia to the professional world. Career counseling, internship opportunities, and networking events are just a few of the ways JMU prepares its students for successful careers. These resources not only enhance the educational experience but also contribute to a higher ROI for graduates.

Investing in a Psychology degree from James Madison University means investing in a future filled with opportunities. With a solid educational foundation, strong job placement rates, and access to valuable career resources, JMU graduates are well-positioned to achieve their professional goals and enjoy a rewarding career in psychology and related fields.

In conclusion, a Psychology degree from James Madison University offers a compelling return on investment for students. By choosing JMU, you are not just earning a degree; you are paving the way for a successful career that makes a difference in people's lives. Explore the possibilities that await you with a Psychology degree from JMU and take the first step towards a fulfilling future.

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.

Get your personalized projection here!