Psychology Degree from Liberty University Return on Investment

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

F D C B A
Approximate Total Payment $242,649
Approximate Total Interest $68,678
Monthly Payment $1685.06
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 liberty university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 50.67%-37.70%

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: 13.72%-10.21%

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: 37.65%-28.01%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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

The decision to pursue a psychology degree from Liberty University can be a transformative step in your educational and professional journey. But what about the return on investment (ROI)? Understanding the ROI of your degree is crucial for making an informed choice about your future.

Liberty University offers a comprehensive psychology program that equips students with the knowledge and skills needed to excel in various fields, including counseling, social work, and organizational psychology. Graduates benefit from a robust curriculum that combines theoretical knowledge with practical application, ensuring they are job-ready upon graduation.

When considering the ROI of a psychology degree from Liberty University, several factors come into play:

  • Tuition Costs: Liberty University is known for its competitive tuition rates, particularly for online programs, making a quality education more accessible.
  • Job Placement Rates: Graduates of Liberty’s psychology program often find employment in their field shortly after graduation, reflecting the university's strong connections with local employers and a dedicated career services team.
  • Potential Earnings: According to the U.S. Bureau of Labor Statistics, individuals with a psychology degree can expect competitive salaries. Advanced degrees can further increase earning potential, making continued education a viable option for many graduates.
  • Flexibility: Liberty’s online programs allow students to balance their studies with work and personal commitments, making it easier to enter the workforce sooner.

In addition to financial considerations, pursuing a psychology degree fosters personal growth and development. Students gain valuable skills such as critical thinking, communication, and empathy, which are highly sought after in today’s job market. These soft skills can enhance your employability and pave the way for career advancement.

Choosing to earn a psychology degree from Liberty University is not just about the financial investment; it’s also an investment in your future. With a supportive community, diverse opportunities, and a commitment to academic excellence, Liberty University prepares its graduates to make a meaningful impact in the field of psychology and beyond.

In conclusion, the return on investment for a psychology degree from Liberty University can be substantial. By weighing the costs against potential earnings and personal growth opportunities, you can determine if this degree aligns with your career goals and aspirations. Start your journey today and unlock the doors to a rewarding future in psychology.

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!