School Psychology Degree from Minnesota State University Moorhead Return on Investment

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

F D C B A
Approximate Total Payment $141,306
Approximate Total Interest $39,994
Monthly Payment $981.29
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 minnesota state university moorhead

School psychologists

Projection Rating: B

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 13.86%-10.32%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Educational, guidance, and career counselors and advisors

Projection Rating: B-

Median Annual Wage: $61,710

Percentage of Paycheck to Repay: 19.08%-14.20%

Employment Change: 16.2%

Entry-Level Education: Master's degree

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The pursuit of a School Psychology degree from Minnesota State University Moorhead (MSUM) offers more than just academic knowledge; it provides a substantial return on investment (ROI) for aspiring school psychologists. This degree equips students with the essential skills and qualifications required to excel in educational settings, enabling them to make a meaningful impact on students’ mental health and academic success.

One of the primary factors contributing to the ROI of the School Psychology degree at MSUM is the high demand for qualified professionals in this field. As schools increasingly recognize the importance of mental health and emotional well-being, the need for school psychologists continues to grow. Graduates from MSUM are well-prepared to meet this demand, which translates to job security and competitive salaries.

Additionally, MSUM’s School Psychology program is designed to provide practical experience through internships and hands-on training, allowing students to apply their knowledge in real-world settings. This practical approach not only enhances learning but also makes graduates more attractive to potential employers, thereby increasing their earning potential.

Moreover, the program’s comprehensive curriculum covers essential topics such as assessment, intervention strategies, and consultation, ensuring graduates are well-equipped to address the diverse needs of students. With a robust education and practical experience, MSUM graduates often find themselves in positions that offer lucrative salaries and opportunities for advancement.

Investing in a School Psychology degree from Minnesota State University Moorhead means investing in a fulfilling career dedicated to helping others. The combination of strong job prospects, competitive salaries, and the rewarding nature of the work all contribute to a favorable return on investment. For those passionate about making a difference in the educational landscape, choosing MSUM is a step towards a promising future in school psychology.

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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