Psychology Degree from Wheaton College Return on Investment

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

F D C B A
Approximate Total Payment $441,937
Approximate Total Interest $125,083
Monthly Payment $3069.01
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 wheaton college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 92.28%-68.66%

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: 24.98%-18.59%

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: 68.57%-51.02%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from Wheaton College, it's essential to evaluate the return on investment (ROI) this educational path offers. Wheaton College is renowned for its rigorous academic programs and commitment to fostering a holistic understanding of psychology, equipping students with the skills necessary to excel in various professional fields.

The ROI of a psychology degree can be measured not only in financial terms but also in personal and professional development. Graduates of Wheaton College benefit from a well-rounded education that emphasizes critical thinking, research skills, and ethical considerations in psychology. These competencies are invaluable in today’s job market, where employers seek candidates who can approach problems with creativity and integrity.

According to recent statistics, the average starting salary for psychology graduates is competitive, with many alumni securing positions in education, healthcare, social services, and business. Wheaton College's strong alumni network and career services ensure that students are well-prepared for post-graduate opportunities, enhancing their earning potential over time.

Additionally, the college's emphasis on experiential learning through internships and research projects provides students with practical experience that is highly regarded by employers. This hands-on approach not only enriches the learning experience but also significantly boosts employability, contributing to a higher ROI.

Investing in a psychology degree from Wheaton College is not just about immediate financial return; it's about fostering a deep understanding of human behavior and developing skills that will serve graduates throughout their careers. With a focus on academic excellence and real-world application, Wheaton College prepares its students for lifelong success and meaningful contributions to society.

In conclusion, the return on investment for a psychology degree from Wheaton College is multifaceted, encompassing financial rewards, personal growth, and career satisfaction. As you weigh your options for higher education, consider how a degree from Wheaton College can shape your future and enhance your professional journey.

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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