Psychology Degree from Southern Illinois University – Edwardsville Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from Southern Illinois University – Edwardsville is likely to work in.
Top job projections for graduates in psychology from southern illinois university - edwardsville
Clinical, counseling, and school psychologists
Projection Rating: D-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 35.10%-26.11%
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: 9.50%-7.07%
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: 26.08%-19.40%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in your education is a significant decision, and pursuing a psychology degree from Southern Illinois University – Edwardsville (SIUE) offers an exceptional return on investment (ROI). This degree not only equips you with essential psychological knowledge but also provides practical skills that are highly valued in today's job market.
Graduating with a psychology degree from SIUE opens the door to various career paths, including roles in counseling, social work, human resources, and mental health services. The demand for professionals in these fields continues to grow, ensuring that your degree remains a valuable asset. According to recent labor statistics, psychology-related careers are projected to increase significantly over the next decade, making this degree a smart choice for future job security.
Moreover, SIUE’s psychology program emphasizes experiential learning, allowing students to gain hands-on experience through internships and research opportunities. This not only enhances your understanding of psychological concepts but also builds a robust resume that can set you apart from other candidates in the job market.
Financially, students at SIUE benefit from competitive tuition rates and a variety of financial aid options, making a psychology degree more accessible. The potential for a high starting salary upon graduation further amplifies the ROI. Graduates can expect to earn a competitive wage, with many entry-level positions starting in the range of $40,000 to $50,000 annually, depending on the career path chosen.
In addition to immediate financial benefits, a psychology degree from SIUE can lead to advanced degrees and higher-paying positions in the future. Many graduates choose to pursue further education in fields such as clinical psychology, counseling, or social work, which can significantly enhance earning potential.
Ultimately, obtaining a psychology degree from Southern Illinois University – Edwardsville is more than just an educational achievement; it's an investment in your future. With a strong ROI characterized by job growth, experiential learning opportunities, and competitive salaries, SIUE’s psychology program is a wise choice for aspiring professionals looking to make a meaningful impact in the field of psychology.
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.