Psychology Degree from CUNY Hunter College Return on Investment

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

F D C B A
Approximate Total Payment $114,966
Approximate Total Interest $32,539
Monthly Payment $798.38
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 hunter college

Clinical, counseling, and school psychologists

Projection Rating: C

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 24.01%-17.86%

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: 6.50%-4.84%

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: 17.84%-13.27%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

When considering a Psychology Degree from CUNY Hunter College, one of the most important factors to evaluate is the return on investment (ROI). This degree not only offers a robust education in psychological principles but also opens doors to numerous career opportunities that can yield significant financial and personal rewards.

Graduates of CUNY Hunter College benefit from its strong reputation and extensive alumni network, which can lead to enhanced job prospects in various fields such as clinical psychology, counseling, social work, and human resources. With the growing demand for mental health professionals, obtaining a psychology degree can translate to a stable career path with competitive salaries.

Furthermore, the affordability of CUNY Hunter College compared to private institutions means that students can graduate with less student debt, thereby increasing their overall ROI. The skills and knowledge gained from this program equip students for roles that not only provide financial security but also the opportunity to make a positive impact in their communities.

Additionally, many psychology graduates pursue advanced degrees, which can further boost earning potential. According to recent statistics, individuals with a master's or doctoral degree in psychology can earn significantly higher salaries than those with only a bachelor’s degree. Therefore, the initial investment in a psychology degree at CUNY Hunter College can lead to substantial long-term benefits.

In conclusion, the return on investment for a Psychology Degree from CUNY Hunter College is compelling, combining affordability, career opportunities, and the potential for advanced studies. Prospective students should consider not only the financial aspects but also the personal fulfillment that comes from pursuing a career in psychology.

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.

Get your personalized projection here!