Psychology Degree from University at Buffalo Return on Investment

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

F D C B A
Approximate Total Payment $166,390
Approximate Total Interest $47,094
Monthly Payment $1155.49
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 university at buffalo

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 34.74%-25.85%

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: 9.41%-7.00%

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: 25.82%-19.21%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a Psychology degree from the University at Buffalo (UB) is not just about personal interest; it’s also a significant investment in your future. Understanding the return on investment (ROI) of this degree can help prospective students make informed choices about their education and career paths.

With a Psychology degree from UB, students gain a comprehensive understanding of human behavior, mental processes, and social dynamics, equipping them with valuable skills that are highly sought after in various industries. Graduates often find themselves in diverse fields such as healthcare, education, social services, marketing, and human resources.

According to recent statistics, the average starting salary for UB Psychology graduates is competitive, with many entering the workforce in roles that not only provide financial stability but also opportunities for career advancement. The university’s strong network and robust career services further enhance job placement rates, making it easier for graduates to secure positions that align with their career goals.

Moreover, the University at Buffalo offers numerous resources, including internships, research opportunities, and mentorship programs, which can significantly increase a graduate's employability and earning potential. Engaging in hands-on experiences during your time at UB can lead to valuable connections and insights that set you apart in the job market.

Investing in a Psychology degree from UB also means gaining access to a rich educational environment, renowned faculty, and state-of-the-art facilities. The university's commitment to research and innovation provides students with a unique perspective on contemporary psychological issues, further enhancing the value of their degree.

In summary, a Psychology degree from the University at Buffalo not only prepares you for a fulfilling career but also offers a strong return on investment. By equipping you with essential skills, providing valuable experiences, and facilitating networking opportunities, UB ensures that graduates are well-prepared to thrive in today’s competitive job market. Make the smart choice for your future—explore the possibilities of a Psychology degree from UB today!

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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