Psychology Degree from Occidental College Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Occidental College is likely to work in.
Top job projections for graduates in psychology from occidental college
Clinical, counseling, and school psychologists
Projection Rating: F-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 100.08%-74.47%
Employment Change: 12.3%
Entry-Level Education: Doctoral or professional degree
Industrial-organizational psychologists
Projection Rating: C-
Median Annual Wage: $147,420
Percentage of Paycheck to Repay: 27.09%-20.16%
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: 74.37%-55.34%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Obtaining a Psychology Degree from Occidental College offers a substantial return on investment (ROI) that extends beyond just financial gains. As one of the premier liberal arts colleges in the United States, Occidental College equips students with critical thinking, analytical skills, and a deep understanding of human behavior. These competencies are highly valued in various career paths, making graduates attractive to employers.
The ROI of a Psychology Degree from Occidental College can be measured in several ways. Firstly, the average salary for graduates entering the field of psychology is competitive, with many alumni reporting starting salaries that exceed national averages. Additionally, many students go on to pursue advanced degrees, which can further enhance earning potential and career advancement opportunities.
Moreover, the college's strong alumni network and career services provide valuable connections and resources that can help students secure internships and job placement upon graduation. This support system significantly contributes to the overall ROI of a degree from Occidental College.
Furthermore, the skills acquired during the psychology program—such as communication, research, and problem-solving—are transferable to numerous industries, including education, healthcare, business, and social services. This versatility ensures that graduates have a wide array of career options, further enhancing their long-term financial and professional prospects.
In conclusion, pursuing a Psychology Degree from Occidental College not only prepares students for a fulfilling career in psychology but also offers a robust return on investment through competitive salaries, strong career support, and valuable skills applicable in many fields. Investing in your education at Occidental College is a decision that can yield significant benefits for 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.