Psychology Degree from Shepherd University Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Shepherd University is likely to work in.
Top job projections for graduates in psychology from shepherd university
Clinical, counseling, and school psychologists
Projection Rating: C
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 24.98%-18.59%
Employment Change: 12.3%
Entry-Level Education: Doctoral or professional degree
Industrial-organizational psychologists
Projection Rating: A-
Median Annual Wage: $147,420
Percentage of Paycheck to Repay: 6.76%-5.03%
Employment Change: 0.5%
Entry-Level Education: Master's degree
Substance abuse, behavioral disorder, and mental health counselors
Projection Rating: B-
Median Annual Wage: $53,710
Percentage of Paycheck to Repay: 18.56%-13.81%
Employment Change: 84.5%
Entry-Level Education: Master's degree
The decision to pursue a psychology degree from Shepherd University is not just about gaining knowledge in the field of psychology; it's also an investment in your future. When considering the return on investment (ROI) of a psychology degree, several factors come into play, including career opportunities, earning potential, and personal fulfillment.
Graduates of Shepherd University have a competitive edge in the job market. With a psychology degree, you can explore diverse career paths such as clinical psychology, counseling, social work, human resources, and behavioral analysis. According to the Bureau of Labor Statistics, jobs in psychology and related fields are projected to grow significantly, providing ample opportunities for graduates. By choosing Shepherd University, you are positioning yourself in a program that emphasizes practical experience and real-world application, which can enhance your employability.
In terms of earning potential, psychology graduates can expect a solid return on their educational investment. While entry-level positions may start with a modest salary, advanced degrees and specialized training can lead to higher-paying roles. For instance, clinical psychologists and licensed counselors often earn salaries well above the national average. Additionally, the skills acquired during your studies—such as critical thinking, communication, and research abilities—are highly valued in various industries, further increasing your earning potential.
Moreover, a psychology degree from Shepherd University offers more than just financial benefits. It equips you with the knowledge and skills to make a positive impact on individuals and communities. The personal satisfaction of helping others and contributing to mental health awareness can be immeasurable. The ROI of your education can also be seen in the relationships you build, the insights you gain, and the difference you make in the lives of others.
In conclusion, investing in a psychology degree from Shepherd University is a decision that can yield significant returns in multiple aspects of your life. With strong career prospects, competitive salaries, and the opportunity to make a meaningful impact, your education will serve as a valuable asset for years to come. Evaluate your future today and consider how a psychology degree from Shepherd University can shape your career and personal growth.
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.