Psychology Degree from Northwest Missouri State University Return on Investment

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

F D C B A
Approximate Total Payment $131,442
Approximate Total Interest $37,202
Monthly Payment $912.79
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 northwest missouri state university

Clinical, counseling, and school psychologists

Projection Rating: C-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 27.45%-20.42%

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: 7.43%-5.53%

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: 20.39%-15.17%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

The decision to pursue a psychology degree is significant, and understanding the return on investment (ROI) can help prospective students make informed choices. At Northwest Missouri State University, our psychology program is designed not only to provide a comprehensive education but also to ensure that graduates are well-prepared for successful careers in a variety of fields.

Investing in a psychology degree from Northwest Missouri State University offers numerous benefits, including a robust curriculum, experienced faculty, and diverse internship opportunities. Graduates are equipped with essential skills such as critical thinking, communication, and interpersonal abilities, which are highly valued in today's job market.

The ROI of a psychology degree is further enhanced by the competitive salaries that many psychology graduates earn. According to recent data, individuals with a bachelor’s degree in psychology can expect to earn a significantly higher starting salary compared to those with only a high school diploma. Moreover, many graduates go on to pursue advanced degrees, which can lead to even greater earning potential and career advancement opportunities.

Northwest Missouri State University also offers strong career support services, helping students connect with potential employers and navigate the job market effectively. Our alumni network is a valuable resource, providing current students with mentorship and job placement assistance.

In conclusion, a psychology degree from Northwest Missouri State University not only offers a solid educational foundation but also a promising return on investment through enhanced earning potential, career opportunities, and personal growth. Explore your future today by considering the numerous advantages of our psychology program.

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.

Get your personalized projection here!