Psychology Degree from Morehead State University Return on Investment

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

F D C B A
Approximate Total Payment $137,607
Approximate Total Interest $38,947
Monthly Payment $955.60
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 morehead state university

Clinical, counseling, and school psychologists

Projection Rating: C-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 28.73%-21.38%

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: 7.78%-5.79%

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: 21.35%-15.89%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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If you’re considering pursuing a psychology degree from Morehead State University, understanding the return on investment (ROI) is crucial. Investing in your education is a significant commitment, and evaluating the long-term benefits can help you make an informed decision. Morehead State University offers a comprehensive psychology program that equips students with essential knowledge and skills, preparing them for diverse career opportunities.

Graduates of the psychology program at Morehead State University are well-equipped to enter a variety of fields, including counseling, social work, human resources, and research. The university’s strong emphasis on practical experience and internships enhances employability, giving students a competitive edge in the job market.

According to recent data, psychology graduates from Morehead State earn a competitive salary compared to their peers from other institutions. The average starting salary for graduates with a psychology degree ranges significantly, with many securing positions that offer upward mobility and additional earning potential over time. This financial aspect is a key component of the ROI calculation.

Moreover, Morehead State University’s commitment to student support and career services plays a vital role in enhancing the ROI of your degree. The university provides resources such as resume workshops, interview preparation, and networking opportunities, all designed to help students transition smoothly into the workforce.

In addition to financial benefits, a psychology degree from Morehead State University fosters personal growth and development. Students gain critical thinking skills, emotional intelligence, and a deeper understanding of human behavior, which are invaluable in both personal and professional contexts.

Ultimately, the return on investment for a psychology degree from Morehead State University is not just measured in financial terms. It encompasses the transformative educational experience, personal development, and the myriad of career opportunities that await you after graduation. By choosing Morehead State, you are investing in a brighter future filled with potential and promise.

For more information on the psychology program and its ROI, visit the Morehead State University website or contact the admissions office to learn more about how you can shape your future with a psychology degree.

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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