Psychology Degree from Saint Mary’s College Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from Saint Mary’s College is likely to work in.

F D C B A
Approximate Total Payment $360,527
Approximate Total Interest $102,041
Monthly Payment $2503.66
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 mary's college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 75.28%-56.01%

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: 20.38%-15.16%

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: 55.94%-41.62%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from Saint Mary's College, one of the most crucial factors to evaluate is the return on investment (ROI). Investing in your education is a significant decision, and understanding the benefits associated with a degree in psychology can help you make an informed choice.

Saint Mary's College offers a comprehensive psychology program that equips students with essential skills, knowledge, and hands-on experience in the field. Graduates are well-prepared for various career paths, including counseling, social work, human resources, and research, among others. As the demand for mental health professionals continues to grow, obtaining a psychology degree from a reputable institution like Saint Mary's can significantly enhance your employability.

Moreover, the ROI of a psychology degree extends beyond immediate job prospects. Graduates often report higher earning potential compared to those without a degree. According to recent studies, individuals with a bachelor's degree in psychology can earn an average starting salary that is considerably higher than those with only a high school diploma. Additionally, many psychology graduates go on to pursue advanced degrees, which can further increase their earning potential and career opportunities.

Saint Mary's College emphasizes experiential learning, allowing students to participate in internships and research projects. This practical experience not only enriches your education but also makes you more attractive to employers. The college's strong alumni network and career services provide valuable connections and resources, further enhancing your career prospects.

In conclusion, pursuing a Psychology Degree from Saint Mary's College represents a worthwhile investment in your future. With a strong curriculum, diverse career opportunities, and the potential for a high return on investment, this degree can pave the way for a fulfilling and financially rewarding career in psychology and related fields.

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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