Psychology Degree from University of Alaska Fairbanks Return on Investment

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

F D C B A
Approximate Total Payment $116,040
Approximate Total Interest $32,843
Monthly Payment $805.84
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 of alaska fairbanks

Clinical, counseling, and school psychologists

Projection Rating: C

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 24.23%-18.03%

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: 6.56%-4.88%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 18.00%-13.40%

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 can make, and a Psychology degree from the University of Alaska Fairbanks (UAF) offers a strong return on investment (ROI). With a focus on comprehensive psychological theories, practical applications, and research methodologies, this program prepares graduates for a variety of rewarding career paths.

The demand for psychology professionals is on the rise, with job opportunities in sectors such as healthcare, education, and social services. Graduates from UAF are equipped with critical thinking skills and hands-on experience that employers value, making them competitive candidates in the job market.

Furthermore, the University of Alaska Fairbanks provides affordable tuition rates compared to national averages, which enhances the ROI of obtaining a Psychology degree. Students benefit from a supportive learning environment, experienced faculty, and access to internships and networking opportunities that can lead to employment after graduation.

According to recent statistics, psychology graduates can expect a significant salary boost over time, with many entering into positions that offer competitive salaries and growth potential. The skills gained through the program, such as effective communication, analytical reasoning, and understanding human behavior, are applicable in numerous fields, including counseling, human resources, and marketing.

In summary, pursuing a Psychology degree from the University of Alaska Fairbanks not only enriches your understanding of human behavior but also offers a lucrative return on investment through high employability rates and potential earnings. Make the smart choice for your future and explore the possibilities that await you with a degree from UAF.

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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