Psychology Degree from Towson University Return on Investment

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

F D C B A
Approximate Total Payment $166,216
Approximate Total Interest $47,045
Monthly Payment $1154.28
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 towson university

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 34.71%-25.82%

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: 9.40%-6.99%

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: 25.79%-19.19%

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 a Psychology Degree from Towson University offers a substantial return on investment (ROI). With a comprehensive curriculum designed to equip students with critical thinking, analytical skills, and a deep understanding of human behavior, graduates are well-prepared for a variety of career paths in fields such as counseling, social work, human resources, and research.

The demand for psychology professionals continues to grow, making a degree from Towson not only a valuable educational experience but also a financially sound investment. According to recent data, psychology graduates from Towson University enjoy competitive starting salaries and have strong job placement rates, underscoring the value of their degree in today’s job market.

Moreover, Towson University offers robust support services, including career counseling and internship opportunities, which further enhance the practical experience and employability of its graduates. This hands-on approach ensures that students can apply their knowledge in real-world settings, significantly increasing their chances of securing well-paying positions upon graduation.

Additionally, Towson's strong network of alumni provides current students with valuable connections in various industries, fostering mentorship opportunities that can lead to internships and job offers. This network not only aids in job placement but also enhances career growth prospects long after graduation.

In summary, a Psychology Degree from Towson University represents a strategic investment in your future. With a combination of quality education, strong career support, and a growing job market, graduates can expect a favorable return on their investment, paving the way for a successful and fulfilling career in psychology and related fields.

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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