Psychology Degree from Loyola University New Orleans Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Loyola University New Orleans is likely to work in.
Top job projections for graduates in psychology from loyola university new orleans
Clinical, counseling, and school psychologists
Projection Rating: F-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 78.65%-58.52%
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: 21.29%-15.84%
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: 58.44%-43.48%
Employment Change: 84.5%
Entry-Level Education: Master's degree
When considering a Psychology Degree from Loyola University New Orleans, understanding the Return on Investment (ROI) is crucial. Investing in your education is a significant decision, and Loyola provides a unique blend of academic excellence and practical experience that can enhance your career prospects.
The ROI of a psychology degree from Loyola is compelling. Graduates are equipped with essential skills in critical thinking, communication, and emotional intelligence, making them highly sought after in various fields. According to recent statistics, psychology graduates often see a substantial increase in earning potential compared to those without a degree.
With a focus on experiential learning, Loyola’s psychology program includes internships and hands-on opportunities that allow students to apply their knowledge in real-world settings. This practical experience not only enriches the educational journey but also bolsters resumes, giving graduates a competitive edge in the job market.
Additionally, the supportive faculty at Loyola play a vital role in student success. With personalized mentorship and guidance, students can navigate their career paths effectively, increasing the likelihood of landing lucrative positions post-graduation.
Furthermore, the diverse career options available to psychology graduates—from counseling and social work to human resources and marketing—provide flexibility and the potential for lifelong career growth. Employers value the insights and understanding that psychology graduates bring to their organizations, further amplifying the ROI of a degree from Loyola.
In summary, a psychology degree from Loyola University New Orleans is not just an academic credential; it is a strategic investment in your future. With strong earning potential, practical experience, and diverse career opportunities, the return on your educational investment is both significant and rewarding.
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.