Psychology Degree from Lock Haven University Return on Investment

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

F D C B A
Approximate Total Payment $157,525
Approximate Total Interest $44,585
Monthly Payment $1093.92
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 lock haven university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 32.89%-24.47%

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: 8.90%-6.63%

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: 24.44%-18.19%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from Lock Haven University, prospective students often weigh the potential return on investment (ROI) as a critical factor in their decision-making process. A degree in psychology opens doors to numerous career paths, including counseling, social work, and human resources, making it a versatile choice for those interested in understanding human behavior.

Lock Haven University offers a robust psychology program that not only equips students with foundational knowledge but also emphasizes practical experience through internships and research opportunities. This hands-on approach enhances employability and provides students with real-world skills that are highly valued in the job market.

Graduates of Lock Haven’s psychology program often report competitive salaries and rewarding careers. According to recent statistics, psychology graduates can expect a significant increase in earning potential compared to those without a degree. Additionally, the demand for mental health professionals continues to rise, ensuring a steady flow of job opportunities in various sectors.

Investing in a psychology degree from Lock Haven University also means access to a supportive network of alumni and career services that can help guide graduates as they enter the workforce. This network can provide valuable connections and resources, further enhancing the overall return on investment.

In summary, pursuing a psychology degree from Lock Haven University represents not just an academic achievement but also a strategic investment in your future. With a solid curriculum, practical experience, and strong job placement rates, students can expect a favorable return on their educational investment, making it a smart choice for aspiring psychology professionals.

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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