Psychology Degree from University of Massachusetts – Dartmouth Return on Investment

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

F D C B A
Approximate Total Payment $182,336
Approximate Total Interest $51,607
Monthly Payment $1266.22
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 massachusetts - dartmouth

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 38.07%-28.33%

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: 10.31%-7.67%

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: 28.29%-21.05%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Psychology Degree from the University of Massachusetts – Dartmouth, understanding the return on investment (ROI) is crucial for prospective students. This degree not only opens doors to various career paths but also enhances your personal and professional growth.

The ROI of a Psychology degree from UMass Dartmouth can be evaluated through several key factors:

  • Career Opportunities: Graduates with a Psychology degree can pursue careers in mental health, social services, education, and research. Many employers value the skills gained through this program, such as critical thinking, communication, and analytical abilities.
  • Salary Potential: According to recent data, the average salary for psychology graduates can vary widely depending on the chosen career path. Many positions in psychology offer competitive salaries, with potential for growth as you gain experience and further education.
  • Job Market Demand: The demand for mental health professionals continues to rise, driven by increased awareness of mental health issues. Graduates from UMass Dartmouth are well-positioned to meet this need, enhancing their employment prospects.
  • Alumni Network: UMass Dartmouth boasts a strong alumni network, providing valuable connections and resources for current students. Networking opportunities can lead to internships, job placements, and mentorship.
  • Personal Development: Beyond financial ROI, a Psychology degree fosters personal growth. Students develop a deeper understanding of human behavior, improve their interpersonal skills, and learn to approach problems with empathy and insight.

In conclusion, investing in a Psychology Degree from the University of Massachusetts – Dartmouth offers substantial returns both financially and personally. By equipping graduates with essential skills and knowledge, this program prepares students for a fulfilling career while making a positive impact on society.

For more information on how to apply, program specifics, and potential career paths, visit the UMass Dartmouth website or contact the admissions office today.

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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