Psychiatric Mental Health Nurse, Nursing Degree from SUNY at Binghamton Return on Investment

See what the return on investment is for jobs that someone with a Psychiatric Mental Health Nurse, Nursing degree from SUNY at Binghamton is likely to work in.

F D C B A
Approximate Total Payment $114,417
Approximate Total Interest $32,384
Monthly Payment $794.56
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 psychiatric mental health nurse, nursing from suny at binghamton

Registered nurses

Projection Rating: B+

Median Annual Wage: $86,070

Percentage of Paycheck to Repay: 11.08%-8.24%

Employment Change: 197.2%

Entry-Level Education: Bachelor's degree

Psychiatric aides

Projection Rating: C

Median Annual Wage: $39,160

Percentage of Paycheck to Repay: 24.35%-18.12%

Employment Change: 0.3%

Entry-Level Education: High school diploma or equivalent

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The decision to pursue a Psychiatric Mental Health Nurse degree from SUNY at Binghamton is not just an academic choice; it's an investment in your future. As the demand for mental health professionals continues to rise, so does the return on investment (ROI) for nursing graduates. This degree equips you with the essential skills to provide care for individuals facing mental health challenges, making you a valuable asset in the healthcare industry.

Graduates from SUNY at Binghamton's nursing program enjoy a competitive edge in the job market, thanks to the university's strong reputation and comprehensive curriculum. The program emphasizes evidence-based practice, ensuring that students are well-prepared to meet the evolving needs of patients. Additionally, the hands-on clinical experiences offered throughout the program enhance your learning and build your confidence as a future nurse.

According to recent data, nurses specializing in psychiatric mental health can expect a robust salary upon entering the workforce. The Bureau of Labor Statistics reports that registered nurses, including those in specialized fields, can earn a median annual salary significantly above the national average. With the increasing prevalence of mental health issues, the demand for psychiatric mental health nurses is projected to grow, leading to abundant job opportunities.

Furthermore, investing in your education at SUNY at Binghamton means accessing a network of alumni and resources that can facilitate your career advancement. Whether through mentorship programs, job placement services, or professional development workshops, the university supports your journey from student to successful nurse.

In conclusion, choosing to earn a Psychiatric Mental Health Nurse degree from SUNY at Binghamton offers a promising return on investment. With strong earning potential, high demand for skilled professionals, and a supportive educational environment, your decision to further your nursing career will pave the way for a fulfilling and impactful profession in mental health care.

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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