Psychology Degree from University of Evansville Return on Investment

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

F D C B A
Approximate Total Payment $329,021
Approximate Total Interest $93,124
Monthly Payment $2284.87
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 evansville

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 68.70%-51.12%

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: 18.60%-13.84%

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: 51.05%-37.99%

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 for your future, and a Psychology Degree from the University of Evansville (UE) is a choice that promises considerable returns. This degree not only equips you with essential skills in understanding human behavior, but it also opens doors to a wide range of career opportunities that can lead to financial stability and personal fulfillment.

The University of Evansville’s Psychology program is designed to provide students with a comprehensive understanding of psychological principles, research methods, and practical applications. Graduates are well-prepared for various roles in fields such as mental health, social services, education, and corporate settings. This versatility enhances your employability, making the degree a wise investment.

When evaluating the return on investment (ROI) of a Psychology Degree from UE, consider the earning potential of graduates. According to recent data, psychology graduates can earn competitive salaries, with many starting their careers in positions that offer growth and advancement opportunities. As you gain experience and further your education, such as obtaining a master’s or doctorate degree, your earning potential increases significantly.

Moreover, the University of Evansville boasts strong connections to local and regional employers, providing students with invaluable internship opportunities and networking events. These experiences can lead to job placements upon graduation, reducing the typical time needed to find employment and thereby enhancing your ROI.

Beyond financial aspects, the personal development gained from a Psychology Degree is immeasurable. Students learn critical thinking, problem-solving, and communication skills that are applicable in any career path. Understanding human behavior not only benefits your professional life but also enriches your personal relationships and community interactions.

In conclusion, a Psychology Degree from the University of Evansville offers an impressive return on investment. With a strong curriculum, excellent career prospects, and the development of essential life skills, this degree is a stepping stone to a successful future. Explore your options today and take the first step toward a rewarding career in psychology.

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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