Psychology Degree from SUNY at Binghamton Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from SUNY at Binghamton is likely to work in.

F D C B A
Approximate Total Payment $171,625
Approximate Total Interest $48,576
Monthly Payment $1191.84
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 suny at binghamton

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 35.84%-26.67%

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: 9.70%-7.22%

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: 26.63%-19.81%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Are you considering a psychology degree from SUNY at Binghamton? Understanding the return on investment (ROI) of your education is crucial for making informed decisions about your future. A degree in psychology not only equips you with valuable skills but also opens doors to various career opportunities.

Graduates from SUNY at Binghamton benefit from a strong academic reputation and a comprehensive curriculum that emphasizes critical thinking, research methods, and practical experience. With a psychology degree, you can pursue careers in fields such as counseling, social work, human resources, and research, among others. This diverse range of options increases your earning potential and job security.

According to recent studies, the average salary for psychology graduates can vary significantly based on factors such as job title, location, and level of experience. However, many graduates report that their degree has paved the way for higher-paying positions and career advancement. In fact, alumni from SUNY at Binghamton often find themselves in competitive roles that offer not only a solid salary but also benefits that contribute to long-term financial stability.

Moreover, the networking opportunities available through SUNY at Binghamton’s alumni connections and career services can enhance your job prospects further. Engaging with professionals in the field can lead to internships, mentorships, and job placements that might not be accessible otherwise.

In summary, the psychology degree from SUNY at Binghamton presents a promising return on investment. With a strong educational foundation, diverse career options, and valuable networking opportunities, this degree can significantly impact your financial future and career trajectory. Consider how investing in your education today can lead to a successful and fulfilling career tomorrow.

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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