Clinical Psychology Degree from University of Alaska Anchorage Return on Investment

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

F D C B A
Approximate Total Payment $102,954
Approximate Total Interest $29,139
Monthly Payment $714.96
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 clinical psychology from university of alaska anchorage

Clinical, counseling, and school psychologists

Projection Rating: C+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 21.50%-16.00%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Psychologists, all other

Projection Rating: A-

Median Annual Wage: $117,750

Percentage of Paycheck to Repay: 7.29%-5.42%

Employment Change: 2.9%

Entry-Level Education: Master's degree

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The pursuit of a Clinical Psychology degree from the University of Alaska Anchorage (UAA) not only equips students with essential knowledge and skills but also offers a significant return on investment (ROI). As mental health awareness continues to rise, the demand for qualified clinical psychologists is at an all-time high. Graduates from UAA benefit from a robust curriculum, experienced faculty, and valuable hands-on training, all of which contribute to a competitive edge in the job market.

One of the key factors influencing ROI is the earning potential for clinical psychologists. According to the U.S. Bureau of Labor Statistics, the median annual wage for psychologists is around $81,000, with many professionals earning even more depending on their specialization and location. UAA's strong alumni network and connections to local healthcare facilities enhance job placement opportunities, further increasing the likelihood of a lucrative career.

Moreover, UAA’s Clinical Psychology program emphasizes practical experience through internships and supervised clinical practice. This hands-on training not only enriches students’ learning experiences but also makes them more attractive to potential employers. Graduates often report high job satisfaction and career advancement, underscoring the program's effectiveness in preparing students for successful careers.

Another aspect to consider is the affordability of education at the University of Alaska Anchorage. UAA offers competitive tuition rates compared to many other institutions, which means students can graduate with less debt. This financial consideration significantly boosts the overall ROI of obtaining a Clinical Psychology degree, allowing graduates to enjoy a more stable financial future.

In conclusion, investing in a Clinical Psychology degree from the University of Alaska Anchorage yields substantial returns in terms of career opportunities, earning potential, and personal fulfillment. With a commitment to academic excellence and a supportive learning environment, UAA stands out as a prime choice for aspiring psychologists looking to make a meaningful impact in their communities while achieving financial success.

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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