School Psychology Degree from Western Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $189,674
Approximate Total Interest $53,684
Monthly Payment $1317.18
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 western illinois university

School psychologists

Projection Rating: B-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 18.61%-13.85%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Educational, guidance, and career counselors and advisors

Projection Rating: C-

Median Annual Wage: $61,710

Percentage of Paycheck to Repay: 25.61%-19.06%

Employment Change: 16.2%

Entry-Level Education: Master's degree

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The decision to pursue a School Psychology Degree from Western Illinois University is not just about gaining knowledge; it’s also about maximizing your return on investment (ROI). As education costs continue to rise, understanding the value of your degree is essential for prospective students and their families.

Western Illinois University (WIU) offers a comprehensive School Psychology program that prepares graduates to make a significant impact in educational settings. With a focus on both theoretical foundations and practical applications, students are equipped with the skills necessary to address the psychological needs of children and adolescents.

One of the key factors contributing to the ROI of a School Psychology Degree from WIU is the high demand for qualified school psychologists. According to the Bureau of Labor Statistics, employment in this field is projected to grow significantly in the coming years. Graduates from WIU can expect competitive salaries, with many earning well above the national average for school psychologists.

Additionally, WIU’s strong alumni network and partnerships with local schools enhance job placement opportunities for graduates. The university’s reputation for producing skilled professionals in the field means that employers are often eager to hire WIU alumni, further boosting the ROI of your degree.

Investing in a School Psychology Degree from Western Illinois University also opens doors to various career paths. Graduates can work in public schools, private institutions, or even pursue roles in research and policy-making. The versatility of this degree allows for career advancement and specialization, which can lead to higher earning potential over time.

Moreover, WIU provides students with access to valuable resources such as internships, workshops, and mentorship programs. These experiences not only enhance your education but also increase your marketability in a competitive job market.

In conclusion, the School Psychology Degree from Western Illinois University offers an impressive return on investment. With a growing job market, strong support from the university, and diverse career opportunities, students can feel confident that their investment in education will pay off in both personal fulfillment and financial stability.

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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