Psychology Degree from Saint Louis University Return on Investment

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

F D C B A
Approximate Total Payment $395,702
Approximate Total Interest $111,997
Monthly Payment $2747.93
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 saint louis university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 82.62%-61.48%

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: 22.37%-16.64%

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: 61.39%-45.68%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from Saint Louis University, it's essential to evaluate the return on investment (ROI). Pursuing a psychology degree can open doors to various career paths, including clinical psychology, counseling, social work, and human resources. With the increasing demand for mental health professionals, graduates from Saint Louis University find themselves well-positioned in the job market.

Saint Louis University offers a comprehensive curriculum that not only covers theoretical foundations but also emphasizes practical experiences. This hands-on approach enhances employability and equips students with the necessary skills to thrive in their chosen fields. The university's strong network of alumni and industry connections further enhances career opportunities post-graduation.

Additionally, the ROI for a psychology degree can be assessed through potential earnings. Graduates can expect competitive salaries, especially in metropolitan areas. According to recent studies, those with a bachelor's degree in psychology can earn an average starting salary of around $40,000, with potential growth as they gain experience and pursue advanced degrees.

Moreover, investing in a psychology degree can lead to fulfilling career paths that contribute positively to society. Mental health awareness is more crucial than ever, and professionals in this field play a pivotal role in supporting individuals and communities. By choosing Saint Louis University, students not only invest in their future but also in the betterment of mental health care.

In summary, the return on investment for a Psychology Degree from Saint Louis University is not just measured in financial terms but also in the impact graduates have on the world around them. With a solid educational foundation, promising career prospects, and the opportunity to make a difference, a psychology degree from Saint Louis University is a wise investment for aspiring mental health professionals.

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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