Psychology Degree from University of Missouri – Kansas City Return on Investment

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

F D C B A
Approximate Total Payment $184,848
Approximate Total Interest $52,318
Monthly Payment $1283.66
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 missouri - kansas city

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 38.60%-28.72%

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: 10.45%-7.78%

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: 28.68%-21.34%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The decision to pursue a Psychology degree from the University of Missouri – Kansas City (UMKC) is not just an academic choice; it’s an investment in your future. Understanding the return on investment (ROI) of this degree can help you make informed decisions about your education and career path.

UMKC’s Psychology program is designed to equip students with the necessary skills and knowledge to excel in various fields, including mental health, social services, and research. Graduates are trained to understand human behavior, which is a valuable asset in today’s job market. The skills acquired during the program, such as critical thinking, communication, and analytical abilities, are highly sought after by employers.

One of the key factors in assessing the ROI of a Psychology degree from UMKC is the earning potential. According to recent data, psychology graduates can expect to earn competitive salaries, often starting in the mid-range for entry-level positions and increasing significantly with experience and specialization. Many UMKC alumni have successfully transitioned into lucrative careers in counseling, human resources, and organizational psychology.

Moreover, the University of Missouri – Kansas City offers various resources, including career services and internship opportunities, which can further enhance your employability and earning potential. Networking with alumni and industry professionals during your time at UMKC can also provide valuable connections that contribute to your career success.

In addition to financial benefits, a Psychology degree from UMKC offers personal growth and fulfillment. Many graduates report that their education has not only prepared them for the workforce but has also enriched their understanding of themselves and others, fostering a sense of purpose in their careers.

When considering the ROI of a Psychology degree from the University of Missouri – Kansas City, it’s essential to factor in both the financial and personal rewards. With a strong job outlook for psychology professionals and the comprehensive support offered by UMKC, your investment in a Psychology degree can lead to a rewarding and prosperous future.

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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