Educational Psychology Degree from University of Wisconsin – Milwaukee Return on Investment
See what the return on investment is for jobs that someone with a Educational Psychology degree from University of Wisconsin – Milwaukee is likely to work in.
Top job projections for graduates in educational psychology from university of wisconsin - milwaukee
School psychologists
Projection Rating: B-
Median Annual Wage: $84,940
Percentage of Paycheck to Repay: 15.37%-11.44%
Employment Change: 0.5%
Entry-Level Education: Master's degree
Postsecondary teachers, all other
Projection Rating: D
Median Annual Wage: $79,870
Percentage of Paycheck to Repay: 32.70%-24.33%
Employment Change: 6.5%
Entry-Level Education: Doctoral or professional degree
Investing in your education is a significant decision, especially when it comes to pursuing a degree in Educational Psychology from the University of Wisconsin – Milwaukee (UWM). Understanding the return on investment (ROI) for this degree can help you determine if it's the right choice for your career goals and financial future.
The UWM Educational Psychology program provides students with a comprehensive understanding of psychological principles as they apply to educational settings. Graduates are equipped with the skills necessary to support student learning, enhance educational practices, and contribute to the field of psychology. As the demand for skilled educators and psychologists continues to grow, so does the value of this degree.
One of the key factors in assessing ROI is the potential salary increase you can expect after graduation. According to recent data, graduates with a master’s degree in Educational Psychology can earn significantly more than those with just a bachelor’s degree. Many alumni have reported starting salaries ranging from $50,000 to over $70,000, depending on their roles and experience. Additionally, positions in educational psychology often come with opportunities for advancement, further increasing earning potential.
Furthermore, the UWM program emphasizes experiential learning opportunities, including internships and research projects, which enhance your resume and employability. Networking with professionals in the field and gaining hands-on experience can lead to job offers and career advancement more quickly than those who lack such experiences.
Another aspect to consider is job stability and demand. The Bureau of Labor Statistics projects a steady growth in psychology-related occupations, particularly in educational settings. With schools increasingly recognizing the importance of mental health and learning support, professionals with an Educational Psychology degree are becoming increasingly sought after.
In conclusion, the Educational Psychology degree from the University of Wisconsin – Milwaukee offers a strong return on investment through competitive salaries, career advancement opportunities, and a growing job market. By choosing this program, you are not just investing in a degree; you're investing in a fulfilling career that can make a real difference in the lives of students and educators alike.
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.