Psychology Degree from University of Missouri – St Louis Return on Investment

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

F D C B A
Approximate Total Payment $167,669
Approximate Total Interest $47,456
Monthly Payment $1164.37
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 - st louis

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 35.01%-26.05%

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: 9.48%-7.05%

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: 26.01%-19.36%

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 – St. Louis (UMSL) is a significant investment in your future. Understanding the return on investment (ROI) of this degree can help you make an informed choice that aligns with your career aspirations. UMSL's psychology program offers a robust curriculum designed to equip students with the theoretical knowledge and practical skills necessary for a successful career in various fields such as mental health, social services, education, and research.

One of the key factors contributing to the ROI of a psychology degree from UMSL is the program's strong emphasis on experiential learning. Students engage in internships, research projects, and community service, providing them with real-world experience that enhances their employability. Graduates from UMSL are well-prepared to enter the workforce, making them attractive candidates to potential employers.

In addition to experiential learning, UMSL boasts a dedicated faculty with extensive expertise in various psychology disciplines. This access to knowledgeable mentors can significantly impact your academic and professional journey, ensuring that you receive personalized guidance and support throughout your studies. The strong alumni network also plays a crucial role in facilitating job placements and career advancement opportunities after graduation.

Financially, the ROI of a psychology degree is favorable when considering potential salary outcomes. Graduates with a bachelor's degree in psychology can expect to earn competitive salaries, with opportunities for advanced degrees leading to even higher earning potential. The demand for psychology professionals continues to grow, particularly in areas such as counseling, clinical psychology, and organizational psychology, further enhancing job security and career advancement prospects.

Moreover, UMSL offers various financial aid options, scholarships, and grants, making it accessible for students to manage their educational expenses. By reducing the financial burden, students can maximize their ROI while pursuing their academic goals.

In summary, obtaining a psychology degree from the University of Missouri – St. Louis provides a substantial return on investment through a combination of experiential learning, expert faculty support, strong job placement rates, and competitive salaries. By choosing UMSL, you're not only investing in your education but also laying a solid foundation for a successful and fulfilling career in psychology.

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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