Psychology Degree from University of Massachusetts – Lowell Return on Investment
See what the return on investment is for jobs that someone with a Psychology degree from University of Massachusetts – Lowell is likely to work in.
Top job projections for graduates in psychology from university of massachusetts - lowell
Clinical, counseling, and school psychologists
Projection Rating: D-
Median Annual Wage: $79,820
Percentage of Paycheck to Repay: 37.32%-27.77%
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: 10.10%-7.52%
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: 27.73%-20.63%
Employment Change: 84.5%
Entry-Level Education: Master's degree
The Psychology Degree from the University of Massachusetts - Lowell offers an exceptional return on investment for students seeking to advance their careers in the mental health and social services fields. With a comprehensive curriculum that combines theoretical knowledge with practical application, graduates are well-equipped to meet the demands of today's job market.
One of the standout features of this program is its affordability. Compared to many private institutions, UMass Lowell provides a high-quality education at a competitive cost, allowing students to minimize their student debt while maximizing their earning potential upon graduation.
Additionally, the university's strong relationships with local employers and internship opportunities give students a head start in their careers. Many graduates secure employment shortly after earning their degree, often in roles that pay above the national average for psychology graduates.
The psychology program at UMass Lowell emphasizes hands-on experiences, including fieldwork and research opportunities, which not only enhance learning but also improve employability. Graduates leave with a robust portfolio that showcases their skills and experience, further increasing their marketability to potential employers.
Furthermore, the demand for psychology professionals continues to grow, with increasing awareness of mental health issues and a greater need for qualified practitioners in various settings. This trend means that graduates of UMass Lowell’s Psychology Degree program can expect a positive job outlook and the potential for career advancement.
In conclusion, investing in a Psychology Degree from the University of Massachusetts - Lowell is not just an educational choice; it’s a strategic investment in your future. With its affordable tuition, strong job placement rates, and emphasis on practical experience, students can look forward to a rewarding career that offers both personal fulfillment and financial stability.
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.