DOMINIQUE MCROSTIE CNS 220- APPLIED RESEARCH PROJECT PROFESSOR ROBINSON MONDAY, NOVEMBER 17 TH, 2014

Miami, FL. $64,000 Los Angeles, CA. $72,000

Living expenses in Los Angeles vs Miami Miami, FL.Los Angeles, CA. Apt. Rent per month (depending on location) $1,050-$1,608.67$1, $1,651,19 Groceries per month per person $ $ Car Payment $186 p/m for a used 2013 Chevrolet Impala LT Sedan (for 60 months at 6.9% APR and a down payment of $2,786) $220 p/m for a used 2013 Chevrolet Impala LT Sedan (for 60 months at 6.9% A.P.R. and a down payment of $2,359) Car Insurance depending on zip code $2006-$2632 a year $ $ a month $ 2076-$2,451 a year $173-$ a month Utilities (Basics) $ $ Health Insurance (estimate) $ 404 $ 447 $242-$325 Hair Cut $16.25$18.32 Movies $12.05$14.20 Gasoline $3.75$4.21 Coffee $3.17$5.56 Dry Cleaning $15.82$12.96 Phone $27.70$33.30 Total Energy $163.01$ Dentist $96.00$ Doctor $101.25$97.27

Cost to live in Miami, FL. Vs Los Angeles, CA. Miami, FL.Los Angeles, CA. Average salary of a psychologist: $64,000 Average salary of a psychologist:$72,000 Total Yearly Cost (estimate): $51,924 Total Yearly Cost (estimate): $ $74,000 Disposable Income: $58,000 Disposable Income: $66,000

Income Taxes Los Angeles, CA. Min. tax: 1% -> $7,582 Max. tax: 12.30% ->$508,501+ Average income tax: 6.00% Income per capita: $28,111 Miami has no income state tax.

My Personal Decision  I think that I would personally like to live in Miami. The reason to why I say this is because even though some things are more expensive in Miami, since I have lived in Miami in the past, I think that I would feel more at home than if I were to live in Los Angeles.  Also, in Florida there is no Income Tax.  Similarly, my parents live in Vero Beach Fl. Which is around a two hour drive, thus I can visit them during the long weekends or on holidays. In the other hand, Los Angeles is 38 hours by car and around 7 hours by plane. Also, the plane tickets usually is around $500, which would become a great expense if I travel home twice a year (for Thanksgiving and Christmas)

Graduate Degree Influence

Psychologist Salary per year based on Education  Salary after undergraduate school  On average can vary from minimum wage to around $55,000  Salary after masters degree but varies on psychology specialization and title  $53, 380+  Doctorate but varies on psychology specialization and title  On average was around $68, 640

Psychology Graduate School Cost  Based on Ranking  #1: Stanford University  Cost: $44,757  #2: University of California- Berkeley  Cost: $ 16,293 -$ 31,395  #2: University of California – Los Angeles  $5,069-$10,103 per quarter  #4: Harvard University  $40,416  # 4:Yale University  $37, 6000  #4: University of Michigan- Ann Harbor  $ 13,977- $41, 811

How much a psychologist makes depending on the location LOS ANGELES: Average salary of a psychologist: $72,000 MIAMI: Average salary of a psychologist:$64,000

Pros vs. Cons of Graduate School ProsCons “ expected growth of 22% through the year 2020 ” “ It can be stressful ” Increase in Salary Schedule can vary and have “odd hours” “ work in a social setting ” It takes a long time to get a masters – 7 years + Rewarding because you can aid others

Different types of psychologist titles and salaries per year  Psychiatrist Psychiatrist  $167,610  Industrial-Organizational Psychologist Industrial-Organizational Psychologist  $97,820  Neuropsychologist  $90,460  Engineering Psychologist Engineering Psychologist  $79,818 Clinical Psychologist $72,540 per year Counseling Psychologist $72,540 per year Forensic Psychologist $59,440 School Psychologist $58,360 Sports Psychologist $55,000

Personal Decision  My person decision is that even though graduate school might give me a higher salary as well as experience, I do not think that I will be attending graduate school. I think that the years dedicated to finish graduate school is to expensive compared to the salary that one can receive after attending graduate school. Thus, with this said, I if I do want to specialize in a particular psychology such as a School Psychologist or a clinical psychologist then I will go to graduate school because I think that it will be worth the money and time.  Similarly, to get into these types of graduate schools is going to be extremely hard. Also, if it were to take less time, like for example three years or less, then I might consider the possibility of attending graduate school.  Finally, it also depends on the type of job that I have after I graduate from undergraduate school. If I find it hard to get a job, then it might be rewarding to go to graduate school because I would be investing in something that would give me a better outcome as well as income.

Websites Used your-masters-in-psychology careers.htm application-fees-deferrals-and-waivers

Websites Used   e010a0a caf3bee0b82e.htm e010a0a caf3bee0b82e.htm    rates.aspx?zc=33132&submit= rates.aspx?zc=33132&submit    22a93e160a0a00de3ddb5ce9b9d65775.htm 22a93e160a0a00de3ddb5ce9b9d65775.htm

Websites Used   schools/top-humanities-schools/psychology-rankings schools/top-humanities-schools/psychology-rankings   miami+fl miami+fl