Psychology Degree from Saint Mary’s University of Minnesota Return on Investment

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

F D C B A
Approximate Total Payment $300,586
Approximate Total Interest $85,076
Monthly Payment $2087.40
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 university of minnesota

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 62.76%-46.70%

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: 16.99%-12.64%

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: 46.64%-34.70%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you can make, and pursuing a Psychology Degree from Saint Mary's University of Minnesota offers a substantial return on investment. This program not only equips you with essential psychological principles and practices but also prepares you for a wide range of career opportunities in various fields, including mental health, education, human resources, and social services.

Saint Mary's University of Minnesota is known for its commitment to academic excellence and personalized learning. With small class sizes and dedicated faculty, students receive individualized attention, fostering a deeper understanding of psychological concepts and their real-world applications. This hands-on approach enhances your learning experience, making you job-ready upon graduation.

The demand for psychology professionals is growing rapidly. According to the Bureau of Labor Statistics, jobs in psychology and related fields are projected to grow significantly over the next decade. Graduating with a Psychology Degree from Saint Mary's University positions you well to take advantage of this expanding job market. Alumni from this program have successfully secured positions in various settings, proving the degree’s value and the university’s reputation.

Furthermore, a degree in psychology can serve as a stepping stone to advanced studies. Many graduates continue their education in counseling, clinical psychology, or social work, leading to even higher earning potential and career advancement. The comprehensive curriculum at Saint Mary's, which includes research opportunities and practical experiences, prepares you for these next steps.

Financially, the return on investment for a Psychology Degree from Saint Mary's is compelling. Graduates often report competitive salaries compared to their peers from other institutions. When you factor in the potential for career growth and diversification, the long-term benefits of obtaining your degree here become even clearer.

In summary, choosing a Psychology Degree from Saint Mary's University of Minnesota is not just an academic decision; it's a strategic investment in your future. With a strong foundation in psychology, a robust professional network, and a commitment to your success, this degree can lead to a fulfilling career and significant financial rewards. Take the first step toward a brighter future by exploring the opportunities that await you at Saint Mary's University.

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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