Psychology Degree from Mercyhurst University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Mercyhurst University is likely to work in.
Top job projections for graduates in psychology from mercyhurst university
Clinical, counseling, and school psychologists
Projection Rating: F-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 68.47%-50.95%
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: 18.54%-13.79%
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: 50.88%-37.86%
Employment Change: 84.5%
Entry-Level Education: Master's degree
When considering a psychology degree, the return on investment (ROI) is a crucial factor for prospective students. Mercyhurst University offers a robust psychology program that not only equips students with essential skills but also provides a favorable ROI. Graduates from Mercyhurst are well-prepared for various career paths in psychology and related fields, ensuring that their educational investment pays off.
The psychology degree at Mercyhurst University is designed to foster critical thinking, effective communication, and a deep understanding of human behavior. These skills are highly sought after in numerous industries, including healthcare, education, and social services. As a result, graduates often find themselves in well-paying positions shortly after completing their degree.
According to recent data, Mercyhurst psychology graduates have reported competitive starting salaries, reflecting the university’s commitment to providing a quality education that translates into financial stability. The program also offers opportunities for internships and hands-on experience, further enhancing employability and potential earnings.
In addition to direct career prospects, a psychology degree from Mercyhurst University opens doors to advanced studies, such as master’s and doctoral programs. This can lead to even higher earning potential and specialized positions within the field. Overall, the ROI of a psychology degree from Mercyhurst is not only measured in immediate salary but also in long-term career advancement and personal fulfillment.
Choosing to invest in your education at Mercyhurst University means you are setting yourself up for a successful career in psychology, with the backing of a reputable institution and a strong network of alumni. Explore your future with a psychology degree from Mercyhurst University and discover the promising returns on your investment.
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.