Psychology Degree from University of Southern Mississippi Return on Investment

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

F D C B A
Approximate Total Payment $147,456
Approximate Total Interest $41,735
Monthly Payment $1024.00
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 university of southern mississippi

Clinical, counseling, and school psychologists

Projection Rating: D+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 30.79%-22.91%

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: 8.34%-6.20%

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: 22.88%-17.02%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree is a significant investment in your future, and understanding the return on investment (ROI) is crucial. The University of Southern Mississippi (USM) offers a comprehensive psychology program that equips students with the skills and knowledge needed to excel in various fields. But what does that mean for your financial future?

When considering the ROI of a psychology degree from USM, it's important to take into account several factors, including tuition costs, potential salary after graduation, and career opportunities. USM provides an affordable education without sacrificing quality, making it a smart choice for prospective psychology students.

Graduates from USM's psychology program often find themselves in high-demand roles in healthcare, social services, education, and corporate environments. According to recent statistics, psychology graduates can expect competitive starting salaries, with many professionals earning upwards of $50,000 annually. As you gain experience and potentially pursue advanced degrees, your earning potential increases significantly, often exceeding $70,000 or more.

Moreover, a degree in psychology from USM opens doors to various career paths, including clinical psychology, counseling, human resources, and market research. The skills developed during your time at USM—critical thinking, communication, and analytical abilities—are highly valued across multiple industries, enhancing your employability and career growth.

Additionally, USM provides extensive resources for job placement and networking opportunities, connecting students with alumni and professionals in the field. This support not only helps students secure jobs post-graduation but also contributes to the overall ROI of their education.

Investing in a psychology degree from the University of Southern Mississippi is not just about the cost of tuition; it’s about the long-term benefits that come with a solid education and the potential for a fulfilling career. With a commitment to student success and a robust alumni network, USM ensures that your investment leads to meaningful returns.

In conclusion, the psychology degree from the University of Southern Mississippi offers a strong return on investment through affordable education, competitive salaries, diverse career opportunities, and extensive support for graduates. Take the first step towards a rewarding career and consider the benefits of a psychology degree from USM today.

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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