Psychology Degree from Ouachita Baptist University Return on Investment

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

F D C B A
Approximate Total Payment $246,302
Approximate Total Interest $69,712
Monthly Payment $1710.43
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 ouachita baptist university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 51.43%-38.27%

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: 13.92%-10.36%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 38.21%-28.44%

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) is crucial for prospective students. At Ouachita Baptist University (OBU), a psychology degree not only equips you with essential knowledge and skills but also offers promising financial and career benefits.

Graduates from OBU’s psychology program are well-prepared for a variety of career paths, including counseling, social work, human resources, and mental health services. The demand for psychology professionals continues to grow, with many industries seeking qualified individuals who can understand and manage human behavior. This demand translates into competitive salaries and job security for OBU graduates.

According to recent data, the average starting salary for psychology graduates can range significantly based on their chosen career path. With a psychology degree from Ouachita Baptist University, students can expect to earn a competitive salary that increases with experience and advanced education. Many graduates also find that their degree opens doors to further education opportunities, such as master's or doctoral programs, which can further enhance their earning potential.

Moreover, the unique blend of academic rigor and practical experience offered at OBU allows students to build a robust professional network. Internships, hands-on learning experiences, and faculty connections provide students with valuable opportunities to gain real-world experience, making them more attractive to potential employers.

Investing in a psychology degree from Ouachita Baptist University is not just an educational decision; it is a strategic career move. With high demand for trained professionals, competitive earning potential, and the opportunity for further education, the ROI of an OBU psychology degree is significant. By choosing OBU, you’re not just earning a degree; you’re setting yourself up for a successful and fulfilling career in psychology.

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!