Psychology Degree from Rowan University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Rowan University is likely to work in.
Top job projections for graduates in psychology from rowan university
Clinical, counseling, and school psychologists
Projection Rating: F+
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 40.03%-29.78%
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: 10.84%-8.06%
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: 29.74%-22.13%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a crucial decision, and a psychology degree from Rowan University offers a promising return on investment (ROI) for aspiring professionals in the mental health and social sciences fields. As one of the leading institutions in New Jersey, Rowan University provides a comprehensive psychology program that equips students with the knowledge and skills necessary to succeed in various careers.
The ROI of a psychology degree from Rowan University can be assessed through several key factors:
- Quality Education: Rowan's psychology program is designed to provide a robust understanding of psychological theories, research methods, and practical applications. With experienced faculty and state-of-the-art facilities, students receive a high-quality education that prepares them for real-world challenges.
- Career Opportunities: Graduates of Rowan’s psychology program find themselves well-prepared for diverse career paths, including counseling, social work, human resources, and research. The demand for professionals in these fields continues to grow, enhancing job security and potential salaries.
- Networking and Internships: Rowan University emphasizes experiential learning through internships and networking opportunities. Students gain valuable industry connections and practical experience, which can significantly enhance their job prospects upon graduation.
- Competitive Salaries: According to recent statistics, professionals with a psychology degree can expect competitive salaries. Entry-level positions may start at a reasonable rate, but as graduates gain experience and pursue advanced degrees, their earning potential increases significantly.
Moreover, a psychology degree from Rowan can serve as a stepping stone to further education. Many graduates choose to pursue master's or doctoral degrees, opening doors to higher-paying roles in specialized fields such as clinical psychology, school psychology, or organizational psychology.
In conclusion, the ROI of a psychology degree from Rowan University is not just measured in monetary terms but also in the personal and professional growth it fosters. With a solid educational foundation, valuable experiences, and a variety of career paths available, students can confidently invest in their future by choosing Rowan University for their psychology education.
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.