Psychology Degree from Middle Tennessee State University Return on Investment

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

F D C B A
Approximate Total Payment $145,625
Approximate Total Interest $41,217
Monthly Payment $1011.29
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 middle tennessee state university

Clinical, counseling, and school psychologists

Projection Rating: D+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 30.41%-22.63%

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: 8.23%-6.13%

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: 22.59%-16.81%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Are you considering pursuing a Psychology degree from Middle Tennessee State University (MTSU)? Understanding the return on investment (ROI) of your educational choices is crucial in today’s competitive job market. A Psychology degree from MTSU not only equips you with essential skills in mental health, research, and human behavior but also offers a promising path to a rewarding career.

One of the significant advantages of earning a Psychology degree from MTSU is the university's strong academic reputation and committed faculty. Students benefit from a comprehensive curriculum that emphasizes both theoretical knowledge and practical application. This blend ensures graduates are well-prepared to enter various fields, including counseling, social work, human resources, and more.

Moreover, the ROI of an MTSU Psychology degree can be seen in the potential earning power of graduates. According to recent data, individuals with a bachelor's degree in Psychology can earn an average salary of $50,000 to $60,000 per year, with opportunities for advancement leading to higher earnings as they gain experience and further their education. Additionally, graduate programs at MTSU allow students to specialize in areas such as clinical psychology or industrial-organizational psychology, which can significantly increase job prospects and salary potential.

Another key factor contributing to ROI is the networking opportunities available at MTSU. The university’s connections with local mental health organizations, hospitals, and businesses provide students with valuable internships and job placements that enhance their real-world experience and employability.

In summary, investing in a Psychology degree from Middle Tennessee State University offers a high return on investment through strong earning potential, extensive career opportunities, and valuable networking resources. If you are looking to make a meaningful impact in the field of psychology while securing a solid financial future, MTSU is an excellent choice for your educational journey.

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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