Psychology Degree from University of Illinois at Springfield Return on Investment

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

F D C B A
Approximate Total Payment $163,622
Approximate Total Interest $46,310
Monthly Payment $1136.26
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 illinois at springfield

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 34.16%-25.42%

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: 9.25%-6.88%

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: 25.39%-18.89%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The Psychology Degree from the University of Illinois at Springfield offers an exceptional return on investment (ROI) for students pursuing a career in this dynamic field. With a comprehensive curriculum that integrates theoretical knowledge and practical experience, graduates are well-prepared for various roles in psychology, counseling, and related areas.

One of the standout features of the University of Illinois at Springfield's Psychology program is its focus on real-world applications. Students engage in internships and research projects that not only enhance their learning experience but also boost their employability. This hands-on training is crucial in a competitive job market, allowing graduates to stand out to potential employers.

Financially, the ROI of a Psychology Degree from UIS is compelling. Graduates often enjoy higher earning potential compared to those with only a high school diploma. According to recent data, psychology graduates can expect to earn a competitive salary, with opportunities for advancement as they gain experience and pursue further education, such as a master’s or doctoral degree.

Moreover, UIS offers various financial aid options, scholarships, and flexible learning formats, making it easier for students to manage their education costs. This financial support further enhances the degree's ROI by reducing the burden of student loans and allowing graduates to enter the workforce debt-free or with manageable debt levels.

In addition to financial considerations, the social impact of obtaining a psychology degree is significant. Graduates often find fulfilling careers in mental health services, education, and community outreach, contributing positively to society. This sense of purpose adds an invaluable dimension to the return on investment, as graduates make a difference in individuals' lives and communities.

In summary, the Psychology Degree from the University of Illinois at Springfield not only provides a solid academic foundation but also promises a strong return on investment. With its focus on practical experience, career readiness, competitive salaries, and social impact, UIS prepares its graduates to thrive in the evolving field of 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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