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In psychology major, students need to get a graduate degree in order to earn enough for living. Why don't schools just inform their students about the labor market and the steps needed to take to succeed before choosing a major?

Looking for a graduate school while still being stuck with the college loan.
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Yuka’s Answer

I was an applied psychology major myself and totally agree with what you described. During my sophomore year, I found through a BC-published statistics sheet that the graduates of my major earn the lowest annual income, comparing to all other majors in the university.

I chose to complete my degree in psychology, as it will lead to my dream career - psychological counseling. But I definitely agree with you that universities should be more transparent on the labor market, the earning potentials, and different career choices that a student will have upon his/her completion of the degree so that the students can make informed decisions regarding their majors.

What are some of the graduate schools that you are considering?
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Xavier’s Answer

This is a really good question. Part of it is that with a psychology degree you could work anywhere, not just as a psychologist or in a medical field.

Psychology gives you a lot of transferable skills that could get you onto a graduate scheme in business. There are plenty of ways to earn a good living with it as a degree, but, as you say, to work in that field, Graduate level degrees do lead to a better income.
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