Psychology Degree from University of North Carolina at Chapel Hill Return on Investment

See what the return on investment is for jobs that someone with a Psychology degree from University of North Carolina at Chapel Hill is likely to work in.

F D C B A
Approximate Total Payment $181,383
Approximate Total Interest $51,338
Monthly Payment $1259.61
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 north carolina at chapel hill

Clinical, counseling, and school psychologists

Projection Rating: D-

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 37.87%-28.18%

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: 10.25%-7.63%

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: 28.14%-20.94%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in a psychology degree from the University of North Carolina at Chapel Hill (UNC) offers a significant return on investment (ROI) for students seeking a career in the mental health field or related disciplines. Graduating from a prestigious institution like UNC not only enhances your resume but also opens doors to a wide array of career opportunities.

First and foremost, UNC's psychology program is renowned for its rigorous curriculum and distinguished faculty. Students benefit from a comprehensive education that combines theoretical knowledge with practical experience. This strong academic foundation equips graduates with the skills necessary to excel in various psychology-related careers, including counseling, clinical psychology, research, and organizational psychology.

Moreover, the demand for skilled psychologists and mental health professionals is on the rise. According to the U.S. Bureau of Labor Statistics, employment in psychology and related fields is projected to grow significantly over the next decade. As society increasingly recognizes the importance of mental health, graduates from UNC will find themselves well-positioned in a competitive job market.

In terms of financial ROI, graduates with a psychology degree from UNC typically enjoy higher earning potential compared to those without a degree. Many professionals in this field report salaries well above the national average, especially those who pursue advanced degrees or specialized certifications. Additionally, UNC provides robust career support services, helping students secure internships and job placements that further enhance their earning potential.

Furthermore, the university's extensive alumni network offers valuable connections that can lead to job opportunities and mentorship. Networking with fellow graduates can be a game changer, providing insights into various career paths and helping you navigate the job market more effectively.

In conclusion, the psychology degree from the University of North Carolina at Chapel Hill is not just an academic credential; it is a strategic investment in your future. With a solid education, growing job opportunities, and the potential for a lucrative career, the ROI of this degree is compelling. Choosing UNC means choosing a path towards a fulfilling career in a field that is both impactful and in-demand.

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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