Psychology Degree from Louisiana State University – Shreveport Return on Investment

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

F D C B A
Approximate Total Payment $119,165
Approximate Total Interest $33,728
Monthly Payment $827.53
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 louisiana state university - shreveport

Clinical, counseling, and school psychologists

Projection Rating: C

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 24.88%-18.51%

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: 6.74%-5.01%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 18.49%-13.76%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree is significant, and evaluating the return on investment (ROI) is essential for prospective students. Louisiana State University in Shreveport (LSUS) offers a comprehensive psychology program that not only provides a solid foundation in psychological theories but also equips graduates with valuable skills sought by employers.

One of the primary benefits of earning a psychology degree from LSUS is the diverse career opportunities available upon graduation. Graduates can pursue various paths, including clinical psychology, counseling, social work, and human resources. With the growing demand for mental health professionals and the increasing recognition of psychology's importance in various sectors, LSUS graduates are well-positioned to enter the workforce.

In terms of financial ROI, LSUS boasts competitive tuition rates compared to other universities in the region. By investing in your education at LSUS, you can expect a favorable salary outcome post-graduation. The Bureau of Labor Statistics reports that positions in psychology and related fields often offer attractive starting salaries, which can lead to a quick return on your educational investment.

Moreover, LSUS provides excellent resources for career development, including internships, workshops, and networking opportunities. These resources not only enhance your academic experience but also facilitate connections with potential employers, further increasing your earning potential after graduation.

In conclusion, a psychology degree from Louisiana State University – Shreveport is a wise investment for those looking to enter a fulfilling career in psychology or related fields. With a robust curriculum, strong job placement rates, and valuable career resources, LSUS graduates can anticipate a solid return on their educational investment, positioning themselves for success in a growing industry.

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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