Psychology Degree from Loyola University Chicago Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Loyola University Chicago is likely to work in.
Top job projections for graduates in psychology from loyola university chicago
Clinical, counseling, and school psychologists
Projection Rating: F-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 77.33%-57.54%
Employment Change: 12.3%
Entry-Level Education: Doctoral or professional degree
Industrial-organizational psychologists
Projection Rating: C+
Median Annual Wage: $147,420
Percentage of Paycheck to Repay: 20.93%-15.58%
Employment Change: 0.5%
Entry-Level Education: Master's degree
Substance abuse, behavioral disorder, and mental health counselors
Projection Rating: F-
Median Annual Wage: $53,710
Percentage of Paycheck to Repay: 57.46%-42.76%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a significant decision, especially when it comes to pursuing a psychology degree. At Loyola University Chicago, students not only gain a comprehensive understanding of psychological principles but also experience a remarkable return on investment (ROI) post-graduation. With a focus on ethical practice, community engagement, and real-world applications, a psychology degree from Loyola prepares graduates for a variety of career paths.
One of the key factors contributing to the ROI of a Loyola psychology degree is the university's strong academic reputation. Loyola's commitment to academic excellence ensures that students receive high-quality education, equipping them with the skills and knowledge necessary for success in their careers. Graduates often find themselves in high-demand fields such as counseling, social work, and organizational psychology, which typically offer competitive salaries.
Moreover, Loyola's extensive alumni network provides students with valuable connections that can lead to internships and job opportunities. Networking with successful alumni who have navigated the same path can significantly enhance job prospects and career advancement. This community-oriented approach not only enriches the learning experience but also lays the foundation for professional growth.
Additionally, Loyola University Chicago offers various financial aid options, scholarships, and grants, making it more affordable for students to pursue their psychology degree. This financial support can mitigate student debt, further enhancing the ROI of your education.
In conclusion, a psychology degree from Loyola University Chicago is not just an academic achievement; it’s a strategic investment in your future. With strong career outcomes, a supportive alumni network, and financial assistance options, students can expect a favorable return on their educational investment. Explore the potential of a psychology degree at Loyola and start building a rewarding career that makes a difference.
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.