Psychology Degree from Wake Forest University Return on Investment

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

F D C B A
Approximate Total Payment $455,462
Approximate Total Interest $128,911
Monthly Payment $3162.93
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 wake forest university

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 95.10%-70.76%

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: 25.75%-19.16%

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: 70.67%-52.58%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology degree from Wake Forest University, understanding the return on investment (ROI) is crucial for prospective students. This prestigious institution not only offers a robust curriculum but also provides numerous opportunities for personal and professional growth, making it a sound financial decision.

Graduates from Wake Forest's Psychology program often enjoy competitive starting salaries, with many entering high-demand fields such as mental health services, social work, human resources, and research. The skills acquired during this program, including critical thinking, analytical reasoning, and effective communication, are highly valued across various industries.

Moreover, Wake Forest University boasts a strong alumni network and career services that facilitate job placements and internships, further enhancing the ROI of your degree. The personalized education experience, coupled with small class sizes and dedicated faculty, ensures that students receive the support needed to excel in their careers.

In addition to financial returns, a Psychology degree from Wake Forest fosters personal development. Students gain insights into human behavior, which can lead to improved interpersonal skills and emotional intelligence—assets that are invaluable in both professional and personal contexts.

Ultimately, investing in a Psychology degree from Wake Forest University not only leads to potential financial gains but also equips students with the knowledge and skills necessary for a fulfilling career and life. Explore your future today and discover how this degree can pave the way for success.

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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