Psychology Degree from New England College Return on Investment

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

F D C B A
Approximate Total Payment $346,245
Approximate Total Interest $97,999
Monthly Payment $2404.48
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 new england college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 72.30%-53.80%

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: 19.57%-14.56%

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: 53.72%-39.97%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree from New England College is not just about gaining knowledge; it's also about understanding the substantial return on investment (ROI) this degree can offer. With a focus on practical skills and real-world applications, graduates are well-equipped to enter various fields, making their degree a valuable asset in today's job market.

Investing in a psychology degree at New England College opens doors to numerous career paths, including counseling, social work, human resources, and organizational psychology. According to recent studies, professionals with a psychology degree can expect to earn competitive salaries, often exceeding those of their peers in other disciplines. The ROI becomes even more significant when considering the demand for mental health professionals and the growing emphasis on psychological well-being in workplaces and communities.

New England College’s psychology program not only provides a solid academic foundation but also emphasizes experiential learning through internships and hands-on projects. This practical experience enhances employability and prepares graduates to meet the needs of employers seeking skilled professionals who understand human behavior.

Additionally, the supportive community and personalized attention at New England College foster academic success, enabling students to maximize their learning and career prospects. The network of alumni and connections formed during the program can further enhance job opportunities, adding to the overall ROI of the degree.

In conclusion, a psychology degree from New England College is more than just an educational achievement; it is a strategic investment in your future. With robust career opportunities, competitive salaries, and a strong support system, the return on investment for graduates is both tangible and substantial. Explore how a psychology degree can transform your career and financial future today!

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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