Psychology Degree from University of Illinois at Urbana – Champaign Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $220,023
Approximate Total Interest $62,274
Monthly Payment $1527.94
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 psychology from university of illinois at urbana - champaign

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 45.94%-34.18%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: B

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 12.44%-9.25%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 34.14%-25.40%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a Psychology Degree from the University of Illinois at Urbana-Champaign not only enriches your knowledge and understanding of human behavior but also promises a significant return on investment (ROI) for your future career. This prestigious program equips students with essential skills that are highly sought after in various industries, making graduates well-prepared to excel in diverse roles.

The University of Illinois at Urbana-Champaign is renowned for its comprehensive curriculum and experienced faculty, offering students hands-on learning experiences and research opportunities that enhance their employability. Graduates often find positions in healthcare, education, social services, and corporate sectors, among others. According to recent statistics, psychology graduates from UIUC report competitive salaries and job placements within months of graduation, demonstrating the degree's value in the job market.

Moreover, the skills acquired during the program, such as critical thinking, communication, and analytical abilities, are applicable in numerous fields, providing a versatile career pathway. Many alumni have successfully transitioned into roles such as clinical psychologists, counselors, human resources specialists, and market researchers, further highlighting the degree's broad applicability and strong ROI.

In addition to high earning potential, the University of Illinois at Urbana-Champaign offers a vibrant campus life and extensive networking opportunities, allowing students to connect with professionals and peers. This network can significantly impact career advancement and open doors to internships and job placements.

In summary, a Psychology Degree from the University of Illinois at Urbana-Champaign not only serves as a robust foundation for understanding complex human behaviors but also provides a lucrative return on investment, setting the stage for a successful and fulfilling career. Explore the possibilities that await you with this esteemed degree.

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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