Psychology Degree from University of Wisconsin – Milwaukee Return on Investment

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

F D C B A
Approximate Total Payment $156,700
Approximate Total Interest $44,351
Monthly Payment $1088.19
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 wisconsin - milwaukee

Clinical, counseling, and school psychologists

Projection Rating: D

Median Annual Wage: $79,820

Percentage of Paycheck to Repay: 32.72%-24.35%

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: 8.86%-6.59%

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: 24.31%-18.09%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Are you considering a psychology degree from the University of Wisconsin – Milwaukee? Understanding the return on investment (ROI) of your education is crucial in today's competitive job market. A psychology degree not only opens doors to various career paths but also equips you with essential skills that are highly valued by employers.

The University of Wisconsin – Milwaukee offers a comprehensive psychology program that emphasizes both theoretical knowledge and practical application. Graduates from this program have reported positive outcomes in terms of employment rates and salary expectations. According to recent statistics, alumni with a psychology degree from UWM earn competitive salaries, making the investment in your education worthwhile.

Beyond immediate financial returns, a psychology degree provides lifelong benefits. The skills you acquire—such as critical thinking, communication, and analytical abilities—are applicable in numerous fields, including healthcare, education, social services, and corporate environments. This versatility means that your degree can adapt to various career shifts over time, further enhancing its ROI.

Additionally, UWM's strong connections with local businesses and organizations create ample internship and job placement opportunities for students. Engaging in these practical experiences not only enriches your education but also significantly enhances your employability upon graduation.

Investing in a psychology degree from the University of Wisconsin – Milwaukee is more than just a financial decision; it’s a step towards a fulfilling career that offers personal satisfaction and professional growth. With a strong emphasis on student support and a commitment to excellence in education, UWM is dedicated to ensuring that your investment pays off in the long run.

Explore the possibilities that a psychology degree from UWM can offer, and take the first step towards a rewarding career that makes a difference in people's lives.

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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