Psychology Degree from North Carolina Central University Return on Investment

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

F D C B A
Approximate Total Payment $138,840
Approximate Total Interest $39,296
Monthly Payment $964.17
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 north carolina central university

Clinical, counseling, and school psychologists

Projection Rating: C-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 28.99%-21.57%

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: 7.85%-5.84%

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: 21.54%-16.03%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from North Carolina Central University (NCCU), it's essential to analyze the Return on Investment (ROI). This degree not only opens doors to numerous career opportunities but also offers a strong foundation for personal and professional growth.

NCCU’s Psychology program is designed to equip students with critical thinking skills, research methodologies, and a deep understanding of human behavior. Graduates often find themselves well-prepared for various roles in mental health services, social work, counseling, and human resources, among others. The demand for psychology professionals continues to grow, which enhances the potential ROI for students.

Investing in a psychology degree at NCCU can yield significant financial returns. According to recent statistics, individuals with a bachelor’s degree in psychology can earn an average starting salary of approximately $40,000 per year, with potential for growth as they gain experience and further qualifications. Additionally, advanced degrees, such as a master’s or doctorate, can lead to salaries exceeding $80,000, particularly in specialized fields like clinical psychology or industrial-organizational psychology.

Beyond monetary benefits, a psychology degree from NCCU offers invaluable skills that are applicable in various sectors. Employers highly value the ability to understand and manage human behavior, making graduates attractive candidates in a competitive job market.

Furthermore, attending NCCU provides students with access to a network of successful alumni and industry connections, enhancing job placement opportunities post-graduation. The university’s commitment to academic excellence and community engagement also fosters a rich educational environment that contributes to personal development.

In conclusion, a Psychology Degree from North Carolina Central University presents a compelling return on investment. With a solid salary potential, diverse career paths, and essential skills for the modern workforce, students can feel confident that their educational investment will pay dividends both financially and personally in the years to come.

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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