Psychology Degree from Missouri University of Science and Technology Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Missouri University of Science and Technology is likely to work in.
Top job projections for graduates in psychology from missouri university of science and technology
Clinical, counseling, and school psychologists
Projection Rating: D
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 34.43%-25.62%
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: 9.32%-6.94%
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: 25.58%-19.04%
Employment Change: 84.5%
Entry-Level Education: Master's degree
The decision to pursue a Psychology Degree from Missouri University of Science and Technology is not just an academic choice; it’s an investment in your future. Understanding the return on investment (ROI) of this degree is essential for prospective students weighing their options. Here’s a breakdown of why this degree can be a smart financial and career move.
Missouri University of Science and Technology (Missouri S&T) offers a comprehensive psychology program that equips students with critical thinking, analytical, and interpersonal skills. Graduates are prepared for a variety of careers, including roles in mental health, human resources, marketing, and research. These career paths often come with competitive salaries, which enhances the ROI of your degree.
According to recent data, psychology graduates from Missouri S&T experience a notable increase in earning potential compared to those without a degree. The average starting salary for psychology majors is competitive, and many alumni report significant salary growth within a few years of graduation. As the demand for mental health professionals continues to rise, the job market for psychology graduates is robust, further indicating a strong ROI.
In addition to financial benefits, a psychology degree from Missouri S&T offers valuable experiences such as internships, research opportunities, and networking events. These experiences not only enrich your education but also enhance your employability, making you a desirable candidate in the job market.
Furthermore, the skills developed through a psychology degree—such as critical thinking, communication, and problem-solving—are applicable in numerous fields. This versatility means that graduates can adapt to various roles and industries, further maximizing their ROI.
Investing in a psychology degree from Missouri University of Science and Technology is not just about the immediate financial returns; it’s also about long-term career satisfaction and growth. With a strong foundation in psychology, graduates are well-positioned to make a significant impact in their chosen fields while enjoying a fulfilling career.
In summary, the return on investment for a psychology degree from Missouri S&T is compelling. With strong earning potential, diverse career opportunities, and valuable skills, this degree not only pays off financially but also enriches your life in countless ways. Choose Missouri University of Science and Technology for your psychology degree and invest in a promising future.
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.