Psychology Degree from University of New England Return on Investment

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

F D C B A
Approximate Total Payment $375,740
Approximate Total Interest $106,347
Monthly Payment $2609.30
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 new england

Clinical, counseling, and school psychologists

Projection Rating: F-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 78.46%-58.38%

Employment Change: 12.3%

Entry-Level Education: Doctoral or professional degree

Industrial-organizational psychologists

Projection Rating: C+

Median Annual Wage: $147,420

Percentage of Paycheck to Repay: 21.24%-15.80%

Employment Change: 0.5%

Entry-Level Education: Master's degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 58.30%-43.38%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and pursuing a Psychology Degree from the University of New England (UNE) can provide a promising return on investment (ROI). This degree not only equips you with essential skills and knowledge in psychology but also opens doors to various career opportunities that are both fulfilling and financially rewarding.

As a graduate of UNE’s psychology program, you will gain a comprehensive understanding of human behavior, mental processes, and the factors influencing them. This foundational knowledge is crucial for various roles in fields such as counseling, social work, marketing, and human resources. The demand for professionals with psychological expertise continues to rise, making this degree a valuable asset in today's job market.

One of the key benefits of earning a psychology degree from UNE is the university's strong reputation and extensive alumni network. Graduates are often sought after by employers, leading to competitive salaries and job placements. According to recent data, psychology graduates can expect an average starting salary that increases significantly with experience and additional certifications.

Moreover, the skills acquired during your studies—critical thinking, research, communication, and empathy—are highly transferable across many industries. This versatility enhances your employability and can lead to career advancement opportunities, maximizing your ROI.

Financially, investing in a psychology degree at UNE is advantageous. With various scholarships and financial aid options available, students can minimize their educational expenses. Additionally, UNE offers flexible learning options, including online courses, allowing you to balance your studies with work or personal commitments, further optimizing your investment.

In conclusion, pursuing a Psychology Degree from the University of New England not only enriches your understanding of human behavior but also provides a significant return on investment through diverse career opportunities, strong earning potential, and the invaluable skills you will acquire. Consider taking the next step in your educational journey and invest in your future 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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