Psychology Degree from University of Houston Return on Investment

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

F D C B A
Approximate Total Payment $171,814
Approximate Total Interest $48,629
Monthly Payment $1193.15
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 houston

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 35.88%-26.69%

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: 9.71%-7.23%

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: 26.66%-19.84%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and when it comes to pursuing a psychology degree from the University of Houston, understanding the return on investment (ROI) is crucial. This esteemed institution offers a comprehensive psychology program that equips students with the knowledge and skills necessary to excel in various professional fields.

Firstly, a psychology degree from the University of Houston opens doors to a wide range of career opportunities. Graduates can pursue careers in clinical psychology, counseling, human resources, social work, and research, among others. The demand for qualified professionals in these areas continues to grow, making this degree a valuable asset in the job market.

Moreover, the University of Houston is known for its strong faculty, state-of-the-art facilities, and robust internship programs that provide students with hands-on experience. These practical experiences not only enhance learning but also improve employability, ultimately contributing to a higher ROI.

Financially, graduates with a psychology degree can expect competitive salaries. According to recent studies, individuals with a bachelor’s degree in psychology earn an average starting salary significantly higher than those with only a high school diploma. As graduates gain experience and further their education, such as obtaining a master’s or doctorate, their earning potential increases even more.

Additionally, the University of Houston offers various financial aid options and scholarships, helping to reduce the overall cost of education. By minimizing student debt, graduates can experience a more favorable ROI as they enter the workforce.

In summary, the psychology degree from the University of Houston not only provides a solid educational foundation but also offers substantial long-term financial benefits. With a diverse range of career paths, competitive salaries, and valuable real-world experiences, students can confidently expect a positive return on their investment in education.

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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