Psychology Degree from University of Connecticut Return on Investment

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

F D C B A
Approximate Total Payment $203,986
Approximate Total Interest $57,735
Monthly Payment $1416.57
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 connecticut

Clinical, counseling, and school psychologists

Projection Rating: F

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 42.59%-31.69%

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: 11.53%-8.58%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D+

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 31.65%-23.55%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a psychology degree from the University of Connecticut (UConn), understanding the return on investment (ROI) is crucial for prospective students. UConn's psychology program is not only renowned for its academic rigor but also for its strong career outcomes, making it a smart choice for those interested in the field.

The ROI of a psychology degree from UConn can be measured through several key factors: tuition costs, potential earnings, job placement rates, and the overall value of the education received. UConn offers competitive tuition rates compared to other institutions, especially for in-state students. This affordability, combined with the quality of education, contributes to a favorable ROI.

Graduates from UConn’s psychology program have reported impressive starting salaries, with many entering fields such as counseling, social work, human resources, and research. The skills developed through the program—critical thinking, communication, and analytical abilities—are highly sought after in various industries, enhancing employability and earning potential.

Furthermore, UConn’s strong alumni network and career services provide students with valuable resources for internships and job placements, significantly improving their chances of securing desirable positions post-graduation. Many psychology graduates find work within a year of completing their degree, further boosting the ROI.

In addition to immediate financial returns, a psychology degree from UConn prepares students for advanced studies, such as master's or doctoral programs. This pathway can lead to even higher earning potential and specialized career opportunities in clinical psychology, research, or academia.

Overall, investing in a psychology degree from the University of Connecticut is a decision that can yield substantial long-term benefits, both personally and financially. With a solid educational foundation, strong career prospects, and an extensive support system, UConn graduates are well-equipped to thrive in the competitive job market.

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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