Psychology Degree from Florida Atlantic University Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from Florida Atlantic University is likely to work in.

F D C B A
Approximate Total Payment $146,072
Approximate Total Interest $41,343
Monthly Payment $1014.39
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 florida atlantic university

Clinical, counseling, and school psychologists

Projection Rating: D+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 30.50%-22.70%

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: 8.26%-6.14%

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: 22.66%-16.86%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you'll make in your lifetime, and pursuing a Psychology Degree from Florida Atlantic University (FAU) offers a compelling return on investment. As a public research university located in the heart of South Florida, FAU combines academic excellence with affordability, making it an attractive option for aspiring psychologists.

The psychology program at FAU provides students with a comprehensive understanding of human behavior, mental processes, and the various factors that influence them. Graduates are well-equipped to enter the workforce in various settings, including healthcare, education, and social services. With a psychology degree, you can pursue diverse career paths such as clinical psychology, counseling, human resources, and market research.

One of the key factors contributing to the return on investment of an FAU psychology degree is the university's robust career services. FAU offers internship opportunities, job placement assistance, and networking events that connect students with leading employers in the field. This support helps graduates secure well-paying positions upon completion of their studies.

The earning potential for psychology graduates is promising. According to the Bureau of Labor Statistics, the median annual wage for psychologists is significantly above the national average. Additionally, as mental health awareness continues to grow, the demand for qualified professionals is expected to rise, further enhancing the career prospects for FAU psychology alumni.

Moreover, FAU's commitment to research ensures that students gain hands-on experience that is highly valued in the job market. Engaging in research projects or working alongside faculty members allows students to build a strong resume and develop essential skills that employers seek.

In conclusion, a Psychology Degree from Florida Atlantic University is not just an academic achievement; it's an investment in your future. With a solid educational foundation, extensive career support, and a favorable job market, graduates can expect a significant return on their investment, making FAU a wise choice for anyone considering 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.

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