Psychology Degree from University of Maryland – College Park Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from University of Maryland – College Park is likely to work in.
Top job projections for graduates in psychology from university of maryland - college park
Clinical, counseling, and school psychologists
Projection Rating: D-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 36.74%-27.34%
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: 9.95%-7.40%
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: 27.30%-20.31%
Employment Change: 84.5%
Entry-Level Education: Master's degree
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 Maryland – College Park offers an exceptional return on investment (ROI). Recognized for its rigorous curriculum and distinguished faculty, this program equips students with essential skills that are highly valued in today’s job market.
Graduates of the psychology program at UMD benefit not only from an in-depth understanding of human behavior but also from a strong foundation in research methodologies and analytical thinking. These skills open doors to various career paths, including clinical psychology, counseling, human resources, and market research.
According to recent data, psychology graduates from the University of Maryland enjoy competitive salaries, with many entering the workforce with starting salaries that are significantly above the national average. Additionally, UMD’s extensive alumni network provides students with valuable connections and opportunities for internships, which can further enhance their employability.
Another crucial aspect of ROI is the university’s commitment to student success. The University of Maryland offers numerous resources, including career counseling, academic advising, and workshops, which help students navigate their career paths effectively. Moreover, the university's location in the Washington D.C. metropolitan area provides students with access to a variety of professional opportunities and internships in government agencies, non-profits, and private sector organizations.
Furthermore, a psychology degree from UMD does not just prepare you for immediate employment; it also lays the groundwork for advanced studies. Many graduates choose to pursue master’s or doctoral degrees, significantly increasing their earning potential and career advancement opportunities.
In summary, the psychology degree from the University of Maryland – College Park is a smart investment in your future. With a strong ROI, a supportive academic environment, and access to a wide range of career opportunities, students can feel confident that they are making a valuable choice for their education and professional lives.
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.