Psychology Degree from Union College Return on Investment

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

F D C B A
Approximate Total Payment $454,192
Approximate Total Interest $128,552
Monthly Payment $3154.11
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 union college

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 94.84%-70.57%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: C-

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 25.67%-19.10%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 70.47%-52.44%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from Union College, it's essential to evaluate the return on investment (ROI) this degree offers. With a rich academic tradition and a commitment to developing well-rounded professionals, Union College provides students with the skills and knowledge needed to excel in various fields.

The ROI of a psychology degree can be assessed through several factors, including earning potential, career opportunities, and personal development. Graduates from Union College typically see a significant increase in their earning potential compared to those with only a high school diploma. According to recent data, psychology graduates can expect to earn an average starting salary that competes favorably in the job market.

Union College's psychology program offers a robust curriculum that prepares students for diverse career paths, including counseling, social work, human resources, and clinical psychology. The college's strong network of alumni and partnerships with local organizations also enhances job placement opportunities, further boosting the overall ROI for graduates.

Moreover, the skills acquired during the program—such as critical thinking, communication, and analytical abilities—are highly valued in today’s workforce. Graduates often find themselves well-equipped to adapt to various roles and industries, making their education a versatile investment.

In addition to financial gains, pursuing a psychology degree at Union College contributes to personal growth and fulfillment. Students engage in transformative experiences that foster empathy, cultural awareness, and a deeper understanding of human behavior. This holistic education not only prepares them for their careers but also enriches their lives and communities.

In conclusion, the return on investment for a Psychology Degree from Union College is substantial. With strong earning potential, diverse career paths, and invaluable personal development, investing in this degree is a smart choice for those looking to make a positive impact in their lives and the lives of others.

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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