Psychology Degree from St Lawrence University Return on Investment

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

F D C B A
Approximate Total Payment $450,470
Approximate Total Interest $127,498
Monthly Payment $3128.26
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 st lawrence university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 94.06%-69.99%

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: 25.46%-18.95%

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: 69.89%-52.01%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a crucial decision, and a psychology degree from St. Lawrence University offers not just academic knowledge, but a substantial return on investment (ROI). When considering the potential earnings and career opportunities available to graduates, the value of this degree becomes clear.

St. Lawrence University's psychology program equips students with a robust understanding of human behavior, critical thinking skills, and research methodologies. Graduates find themselves well-prepared for a variety of careers in fields such as mental health, education, human resources, and social services. The university's strong alumni network and career services support also enhance job placement opportunities, further increasing ROI.

Financially, the ROI of a psychology degree from St. Lawrence is compelling. According to recent data, graduates can expect to earn competitive salaries in their fields, often surpassing the initial investment made in their education. With a comprehensive curriculum and experiential learning opportunities, students gain practical skills that are highly sought after by employers.

Additionally, pursuing further education, such as a master's or doctoral degree, can significantly boost earning potential. Many St. Lawrence alumni continue their education, leading to advanced career options in clinical psychology, counseling, and research, which typically offer higher salaries.

In summary, a psychology degree from St. Lawrence University is not just a path to personal and professional growth; it is a smart financial investment. With strong job prospects, competitive salaries, and opportunities for advanced education, graduates can achieve a high return on their investment, making this degree a valuable asset in today’s job market.

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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