Psychology Degree from University of Maryland – University College Return on Investment

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

F D C B A
Approximate Total Payment $102,311
Approximate Total Interest $28,957
Monthly Payment $710.49
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 maryland - university college

Clinical, counseling, and school psychologists

Projection Rating: C+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 21.36%-15.90%

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: 5.78%-4.30%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 15.87%-11.81%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

Investing in your future has never been more crucial, and a Psychology Degree from the University of Maryland – University College (UMUC) offers an exceptional Return on Investment (ROI). With a robust curriculum designed to equip students with the knowledge and skills needed in today’s competitive job market, this degree prepares graduates for a variety of career paths in mental health, education, human resources, and more.

One of the standout features of UMUC's Psychology program is its affordability. Compared to many other institutions, UMUC provides a top-quality education at a fraction of the cost. This means that students can graduate with a valuable degree without the burden of overwhelming student debt, significantly enhancing their ROI.

Additionally, the University of Maryland's extensive alumni network and strong ties to local industries offer students unique internship and job placement opportunities. This practical experience not only enriches the educational journey but also leads to higher earning potential post-graduation. Employers value graduates from UMUC, knowing they are well-prepared to tackle real-world challenges.

Furthermore, the flexibility of online and hybrid learning options allows students to balance their studies with work and personal commitments. This adaptability ensures that a broader range of students can pursue their degree, making it a worthwhile investment regardless of their current life circumstances.

As the demand for mental health professionals continues to rise, graduates with a Psychology Degree from UMUC are well-positioned to enter a thriving job market. With an emphasis on critical thinking, research skills, and understanding human behavior, this degree not only opens doors to various career opportunities but also provides a foundation for further education in psychology or related fields.

In summary, choosing to earn a Psychology Degree from the University of Maryland – University College is a smart investment for your future. With its combination of affordability, flexibility, and a strong career outlook, students can expect a significant return on their educational investment, paving the way for a fulfilling career in psychology and beyond.

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.

Get your personalized projection here!