School Psychology Degree from Loyola University Chicago Return on Investment

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

F D C B A
Approximate Total Payment $370,346
Approximate Total Interest $104,820
Monthly Payment $2571.85
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 school psychology from loyola university chicago

School psychologists

Projection Rating: D-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 36.33%-27.04%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Educational, guidance, and career counselors and advisors

Projection Rating: F-

Median Annual Wage: $61,710

Percentage of Paycheck to Repay: 50.01%-37.21%

Employment Change: 16.2%

Entry-Level Education: Master's degree

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The decision to pursue a School Psychology Degree from Loyola University Chicago is not just an educational choice; it’s an investment in your future. With a strong emphasis on practical experience and a robust curriculum, this program equips students with the necessary skills to thrive in a variety of educational settings.

One of the most compelling aspects of this degree is its return on investment (ROI). Graduates from Loyola University Chicago often find themselves in high-demand roles within schools, mental health facilities, and community organizations. The average salary for school psychologists in the Chicago area is competitive, and the demand for professionals in this field is projected to grow significantly in the coming years. This growth translates into job security and opportunities for career advancement.

Additionally, Loyola's strong connections with local school districts and community organizations provide students with invaluable networking opportunities and real-world experience. This hands-on approach not only enhances learning but also boosts employability upon graduation. Many alumni report securing positions before or shortly after completing their degree, underscoring the effectiveness of Loyola's program in preparing students for the workforce.

Moreover, the university’s commitment to diversity and social justice ensures that students are prepared to address the varied needs of the populations they will serve. This holistic approach not only enriches the educational experience but also positions graduates as leaders in the field of school psychology.

In summary, the School Psychology Degree from Loyola University Chicago offers an impressive return on investment. With a comprehensive curriculum, strong job placement rates, and a focus on real-world application, graduates are well-equipped to make a meaningful impact in the lives of students and communities. Investing in this degree is not just an investment in education; it’s a step toward a rewarding and fulfilling career.

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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