Psychology Degree from Midway University Return on Investment

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

F D C B A
Approximate Total Payment $258,625
Approximate Total Interest $73,200
Monthly Payment $1796.01
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 midway university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 54.00%-40.18%

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: 14.62%-10.88%

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: 40.13%-29.86%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a psychology degree from Midway University is a decision that can yield significant returns both personally and professionally. As the demand for qualified mental health professionals continues to rise, graduates from our program are well-positioned to enter an expanding job market with a strong foundation in psychological principles.

One of the primary benefits of earning a psychology degree from Midway University is the comprehensive curriculum that prepares students for a variety of careers. Our program emphasizes critical thinking, research skills, and practical application, ensuring that graduates can meet the challenges of today’s workforce. Whether you aspire to work in counseling, social services, or human resources, a psychology degree opens the door to numerous opportunities.

Moreover, Midway University's commitment to affordability makes this investment even more appealing. With competitive tuition rates and various financial aid options, students can minimize their debt while gaining a quality education. The potential for high earnings in psychology-related fields further enhances the return on investment. According to recent statistics, psychology graduates can expect to earn competitive salaries, with many professionals reporting substantial yearly incomes in roles such as clinical psychologists, school counselors, and organizational psychologists.

Additionally, Midway University offers valuable networking opportunities through partnerships with local organizations and alumni connections. These resources can provide students with internships, job placements, and mentorship programs that can significantly boost their career trajectories.

In summary, pursuing a psychology degree from Midway University is a smart investment that can lead to rewarding career opportunities, competitive salaries, and personal growth. With a strong educational foundation and extensive support from our faculty and alumni network, graduates are equipped to make a meaningful impact in their communities and beyond.

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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