Psychology Degree from University of Kentucky Return on Investment

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

F D C B A
Approximate Total Payment $175,210
Approximate Total Interest $49,590
Monthly Payment $1216.74
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 kentucky

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 36.58%-27.22%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: A-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 9.90%-7.37%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 27.18%-20.23%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree is a significant investment in your future, and understanding the return on investment (ROI) can help you make an informed choice. The University of Kentucky offers a robust psychology program that not only equips students with essential knowledge and skills but also opens doors to a wide range of career opportunities.

When considering the ROI of a psychology degree from the University of Kentucky, it’s important to look at several factors. Graduates from this esteemed institution have reported high levels of job satisfaction and competitive salaries. The university’s strong network and partnerships with various organizations enhance internship opportunities, providing students with valuable hands-on experience that can lead to fruitful careers.

According to recent data, psychology graduates from the University of Kentucky earn an average starting salary that is above the national average for bachelor’s degree holders. With a degree in psychology, you can explore diverse career paths including counseling, social work, human resources, and market research, all of which are in high demand in today’s job market.

Furthermore, the skills gained during your studies—such as critical thinking, communication, and analytical abilities—are highly transferable and valued by employers in many sectors. This versatility not only maximizes your earning potential but also provides a solid foundation for further education or specialization, should you choose to pursue advanced degrees in psychology or related fields.

In summary, a psychology degree from the University of Kentucky offers a promising return on investment through competitive salaries, diverse career opportunities, and valuable skills development. If you’re looking to invest in your future and make a positive impact in your community, consider the advantages of earning your psychology degree at the University of Kentucky.

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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