Psychology Degree from University of Southern Maine Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from University of Southern Maine is likely to work in.
Top job projections for graduates in psychology from university of southern maine
Clinical, counseling, and school psychologists
Projection Rating: D
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 34.88%-25.95%
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: 9.44%-7.03%
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: 25.92%-19.29%
Employment Change: 84.5%
Entry-Level Education: Master's degree
The decision to pursue a psychology degree is a significant investment in your future, and understanding the return on investment (ROI) for a psychology degree from the University of Southern Maine (USM) can help you make an informed choice. This degree not only equips you with essential knowledge about human behavior and mental processes but also opens doors to a variety of career paths.
Graduates from USM’s psychology program benefit from a well-rounded education that combines theoretical understanding with practical skills. With a degree in psychology, you can explore diverse career options such as counseling, social work, human resources, and market research. In today’s job market, where mental health awareness is on the rise, the demand for qualified psychology professionals is higher than ever.
When evaluating the ROI of your psychology degree, consider the following factors:
- Employment Opportunities: The skills gained from a psychology degree are applicable in numerous fields, increasing your employability. USM provides strong career support services that help students connect with potential employers.
- Salary Potential: According to the Bureau of Labor Statistics, psychology professionals earn competitive salaries. For instance, clinical psychologists can earn an average annual salary of over $80,000, while industrial-organizational psychologists may earn even more.
- Networking and Alumni Connections: USM has a robust network of alumni who can provide mentorship, internship opportunities, and job leads, further enhancing your career prospects.
- Skills Development: The program focuses on critical thinking, research methodologies, and communication skills, all of which are highly valued by employers.
Investing in a psychology degree from the University of Southern Maine is not just about the immediate benefits; it’s about building a foundation for a fulfilling and impactful career. With a strong ROI, this degree can pave the way for advancement in various sectors dedicated to improving mental health and human well-being. Make the choice today to invest in your future and explore the rewarding possibilities that await you with a psychology degree from USM.
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.