According to studies of graduates of bachelor-degree programs in psychology, entry-level positions tend to pay relatively little and may be relatively unsatisfying. Although the positions, pay, and reported job satisfaction of psychology majors tend to significantly improve many years after graduation, those who enter the workforce immediately upon graduation risk at least a few years of less-than-satisfactory employment (Landrum & Elison-Bowers, 2009; Rajecki & Borden, 2011).
Although graduate school can be a route to a better paying, more satisfying job, and career, it is quite expensive. A doctoral degree results in most students entering into debt for as much as $75,000 to $200,000 (Stringer, 2016). The median debt incurred for a master’s degree is approximately $25,000 (Kantrowitz, 2011).
Using your textbook, the Internet, and the Argosy University online library resources, research possible choices, such as entering the workforce immediately upon graduation, or enrolling in a graduate school. Based on your research, respond to the following: