A degree in psychology is one of the most versatile degrees you can obtain. Unlike some other degrees, a psychology degree does not force you onto a narrow career path. Psychology majors have numerous and varied options when it comes time to graduate, though the set of skills they have cultivated while studying the field makes certain careers more suitable.
Overall, job prospects in the area of psychology are predicted to grow 12 percent by 2018, which is the average rate for all fields. Schools, hospitals, social service agencies, mental health centers, substance abuse treatment clinics and private companies are expected to be the locations with the most need for psychology-trained personnel. The greatest growth, however, will occur for jobs that require a doctoral degree such as a Ph.D. or a Psy.D.