Psychology Degree from Temple University Return on Investment

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

F D C B A
Approximate Total Payment $205,771
Approximate Total Interest $58,240
Monthly Payment $1428.97
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 temple university

Clinical, counseling, and school psychologists

Projection Rating: F

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 42.97%-31.97%

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: 11.63%-8.66%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D+

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 31.93%-23.76%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a psychology degree from Temple University, understanding the return on investment (ROI) is crucial for prospective students. Temple University, located in Philadelphia, is renowned for its comprehensive psychology programs that equip students with the knowledge and skills necessary to excel in various fields. This degree not only opens doors to a fulfilling career in psychology but also enhances critical thinking, research, and interpersonal skills that are highly valued in today’s job market.

The ROI of a psychology degree from Temple University can be measured in several ways. Graduates often find themselves in high-demand roles such as clinical psychologists, counselors, and organizational psychologists. These positions typically offer competitive salaries, with many graduates earning a median salary significantly higher than the national average for bachelor’s degree holders.

Additionally, Temple’s strong career services and extensive alumni network play a vital role in helping graduates secure rewarding positions after graduation. The university offers internships, career fairs, and networking events that connect students with potential employers, enhancing their job prospects and overall ROI.

Moreover, pursuing a psychology degree can lead to further academic opportunities, such as graduate studies. Many Temple graduates choose to advance their education, which can lead to even higher earning potential and specialized roles in the field of psychology. This further investment in education can significantly increase the long-term ROI of a psychology degree.

In summary, a psychology degree from Temple University not only provides a solid foundation for a rewarding career but also offers significant return on investment through high earning potential, strong career support, and opportunities for advanced education. For those considering a future in psychology, Temple University stands out as an excellent choice.

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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