Psychology Degree from University of California – Davis Return on Investment

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

F D C B A
Approximate Total Payment $246,892
Approximate Total Interest $69,879
Monthly Payment $1714.53
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 california - davis

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 51.55%-38.36%

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: 13.96%-10.38%

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: 38.31%-28.50%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering higher education, understanding the return on investment (ROI) is crucial, especially for a Psychology degree from the prestigious University of California, Davis (UC Davis). This esteemed institution not only equips students with a comprehensive understanding of psychological principles but also offers a wealth of opportunities that enhance employability and career growth.

UC Davis stands out for its rigorous academic programs, dedicated faculty, and vibrant research environment. Graduates leave with a strong foundation in critical thinking, communication, and analytical skills, which are highly valued across various industries. The ROI of a Psychology degree from UC Davis can be significant, with alumni reporting competitive salaries and numerous career options ranging from clinical psychology to organizational behavior.

Moreover, UC Davis provides access to an expansive alumni network and career services that can help students secure internships and job placements. These resources not only enrich the learning experience but also contribute to a higher earning potential post-graduation.

In terms of financial investment, the cost of attending UC Davis is competitive compared to other top-tier universities. When factoring in financial aid options and scholarships, the overall cost can be manageable. The long-term benefits of obtaining a Psychology degree, including job stability and advancement opportunities, often outweigh the initial investment.

Furthermore, the demand for psychology professionals continues to grow, especially in sectors like healthcare, education, and corporate environments. This trend suggests that graduates from UC Davis are well-positioned to take advantage of the expanding job market.

In conclusion, pursuing a Psychology degree from UC Davis offers a favorable return on investment. With its strong academic reputation, extensive resources, and promising career prospects, students can feel confident that their investment in education will yield significant rewards in the future.

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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