Psychology Degree from University of Alabama at Birmingham Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from University of Alabama at Birmingham is likely to work in.
Top job projections for graduates in psychology from university of alabama at birmingham
Clinical, counseling, and school psychologists
Projection Rating: D
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 32.57%-24.24%
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: 8.82%-6.56%
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: 24.20%-18.01%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in a Psychology Degree from the University of Alabama at Birmingham (UAB) can yield significant returns, both personally and professionally. As one of the leading institutions in the Southeast, UAB offers a comprehensive psychology program that equips students with essential skills and knowledge to thrive in various career paths.
One of the most compelling aspects of pursuing a psychology degree at UAB is the impressive return on investment (ROI). Graduates enter a job market that values psychological expertise, with opportunities ranging from mental health counseling to organizational psychology. The demand for trained psychologists continues to grow, driven by increased awareness of mental health issues and the need for psychological services in various sectors.
The average salary for UAB psychology graduates is competitive, with many finding positions in healthcare, education, and business. According to recent data, graduates can expect to earn a starting salary significantly above the national average for bachelor's degree holders. As they gain experience, many psychology professionals enjoy salary increases that further enhance their ROI.
UAB's psychology program not only prepares students for immediate career opportunities but also lays the groundwork for advanced studies. Many graduates choose to pursue master’s or doctoral degrees, which can lead to higher-paying roles in clinical psychology, research, and academia. This pathway can dramatically increase the lifetime earnings potential of UAB psychology alumni.
Furthermore, UAB offers valuable resources such as internships, job placement services, and networking opportunities that enhance employability and professional growth. The university’s strong connections within the community and industry ensure that students gain practical experience and build relationships that can lead to rewarding careers.
In summary, a psychology degree from the University of Alabama at Birmingham is not just an academic pursuit; it is a strategic investment in your future. With a strong ROI, diverse career opportunities, and a supportive learning environment, UAB stands out as an excellent choice for aspiring psychologists.
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.