Psychology Degree from SUNY at Purchase College Return on Investment

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

F D C B A
Approximate Total Payment $179,424
Approximate Total Interest $50,783
Monthly Payment $1246.00
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 suny at purchase college

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 37.46%-27.88%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: B+

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 10.14%-7.55%

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: 27.84%-20.71%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a psychology degree from SUNY at Purchase College is not just an academic choice; it's a strategic investment in your future. This program not only equips students with essential knowledge and skills but also offers a significant return on investment (ROI) upon graduation.

With a psychology degree from Purchase College, graduates are well-prepared for diverse career paths in fields such as mental health, social services, education, and business. The curriculum emphasizes critical thinking, research methodologies, and practical applications, ensuring students are market-ready and competitive in the job market.

According to recent statistics, psychology graduates from SUNY at Purchase often see an increase in their earning potential compared to those with only a high school diploma. The average starting salary for psychology graduates in New York can range widely, but many enjoy salaries that are significantly above the state’s median income level. Additionally, the demand for trained professionals in psychology and related fields continues to grow, suggesting that the long-term career outlook is promising.

Moreover, Purchase College's strong alumni network and connections within the industry provide invaluable resources for job placements and internships. This network can enhance your job prospects and increase your ROI as you transition from academic life to a professional career.

Investing in a psychology degree at SUNY Purchase not only offers the potential for higher earnings but also prepares you for a fulfilling career that makes a difference in people's lives. With a focus on both theory and practical experience, this program is designed to maximize your career opportunities and financial returns.

In conclusion, choosing to study psychology at SUNY at Purchase College represents a smart investment. The combination of a solid educational foundation, career readiness, and a supportive alumni network ensures that graduates are well-positioned to succeed in their chosen fields, ultimately leading to a strong return on investment.

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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