Psychology Degree from University of Michigan – Flint Return on Investment

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

F D C B A
Approximate Total Payment $144,324
Approximate Total Interest $40,849
Monthly Payment $1002.25
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 michigan - flint

Clinical, counseling, and school psychologists

Projection Rating: D+

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 30.14%-22.42%

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: 8.16%-6.07%

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: 22.39%-16.66%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and choosing to pursue a Psychology Degree from the University of Michigan – Flint can offer substantial returns. This program not only provides a comprehensive understanding of psychological principles but also equips you with essential skills that are highly valued in today’s job market.

The University of Michigan – Flint’s Psychology program emphasizes practical experience, allowing students to engage in internships and research opportunities that enhance their resumes. Graduates find themselves well-prepared for various career paths, including counseling, social work, human resources, and healthcare, making their degree a versatile asset.

In terms of financial ROI, psychology graduates from UM-Flint often report competitive starting salaries. The program's strong alumni network can also facilitate job placements and professional connections that further enhance earning potential. Additionally, the skills gained through this degree, such as critical thinking, communication, and analytical abilities, are increasingly sought after in diverse fields, which can lead to long-term career growth and advancement.

Furthermore, the University of Michigan – Flint is committed to supporting students through academic advising, career services, and networking events, ensuring that you maximize the value of your investment. With a robust curriculum and access to experienced faculty, the Psychology Degree from UM-Flint stands out as a wise choice for anyone looking to secure a promising future in this dynamic field.

Overall, pursuing a Psychology Degree from the University of Michigan – Flint not only enriches your understanding of human behavior but also offers a strong return on investment, paving the way for a fulfilling and prosperous career.

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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