Psychology Degree from CUNY Bernard M Baruch College Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from CUNY Bernard M Baruch College is likely to work in.

F D C B A
Approximate Total Payment $117,394
Approximate Total Interest $33,227
Monthly Payment $815.24
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 cuny bernard m baruch college

Clinical, counseling, and school psychologists

Projection Rating: C

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 24.51%-18.24%

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: 6.64%-4.94%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 18.21%-13.55%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from CUNY Bernard M Baruch College, one of the key factors to evaluate is the return on investment (ROI). This degree not only equips students with a solid understanding of psychological principles but also opens doors to a variety of career opportunities that can significantly enhance earning potential.

The psychology program at CUNY Bernard M Baruch College is designed to provide a comprehensive education that combines theoretical knowledge with practical skills. Graduates are well-prepared for roles in mental health services, human resources, marketing, and more. The diverse curriculum ensures that students can apply psychological concepts in real-world settings, making them highly desirable to employers.

Investing in a psychology degree can lead to lucrative career paths. According to recent statistics, graduates with a psychology degree can expect to earn an average salary of $50,000 to $70,000 annually, depending on their chosen career path and level of experience. Additionally, advanced degrees in psychology or related fields can further increase earning potential, with many professionals reaching six-figure salaries.

Furthermore, CUNY Bernard M Baruch College's strategic location in New York City provides students with unparalleled access to internships, networking opportunities, and job placements in one of the largest job markets in the world. The college’s strong connections with local businesses and organizations enhance the practical experience students gain during their studies, translating into better job prospects post-graduation.

In terms of educational costs, CUNY Bernard M Baruch College offers competitive tuition rates, particularly for in-state students. This affordability, combined with the potential for high earnings, makes the ROI on a psychology degree from Baruch exceptionally favorable. Students can graduate with less debt while positioning themselves for substantial financial rewards in their careers.

In conclusion, pursuing a Psychology Degree from CUNY Bernard M Baruch College not only provides a robust educational foundation but also promises a strong return on investment. With high earning potential, diverse career opportunities, and valuable real-world experience, graduates are well-equipped to make their mark in the field of psychology and beyond.

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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