Marriage and Family Therapy, Counseling Degree from Texas Tech University Return on Investment

See what the return on investment is for jobs that someone with a Marriage and Family Therapy, Counseling degree from Texas Tech University is likely to work in.

F D C B A
Approximate Total Payment $160,664
Approximate Total Interest $45,473
Monthly Payment $1115.72
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 marriage and family therapy, counseling from texas tech university

Marriage and family therapists

Projection Rating: C

Median Annual Wage: $58,510

Percentage of Paycheck to Repay: 22.88%-17.03%

Employment Change: 12.3%

Entry-Level Education: Master's degree

Mental Health Counselors

Projection Rating: C

Median Annual Wage: $58,000

Percentage of Paycheck to Repay: 23.08%-17.18%

Employment Change: 3%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

Investing in your education is a significant decision, especially when it comes to pursuing a degree in Marriage and Family Therapy (MFT) and Counseling from Texas Tech University. The Return on Investment (ROI) for your degree goes beyond just the financial aspects; it also encompasses career satisfaction, personal growth, and the positive impact you can make in the lives of others.

Graduating with a degree in MFT and Counseling from Texas Tech University equips you with the necessary skills to address complex family dynamics and mental health issues. With the increasing demand for qualified professionals in this field, graduates can expect a robust job market and competitive salaries. According to recent statistics, licensed marriage and family therapists can earn an average salary of $50,000 to $70,000 per year, depending on location and experience.

Additionally, Texas Tech offers a comprehensive curriculum and hands-on training experiences, ensuring that you are well-prepared for a successful career. The university's strong network of alumni and partnerships with local mental health organizations provides valuable internship and job placement opportunities, further enhancing your ROI.

Moreover, the skill set you acquire through this program extends beyond traditional therapy. You'll learn effective communication, conflict resolution, and problem-solving techniques that are applicable in various personal and professional settings. This versatility not only broadens your career prospects but also enriches your personal life.

In conclusion, pursuing a Marriage and Family Therapy and Counseling degree from Texas Tech University is not just an educational investment; it's a commitment to making a difference in the world. With strong earning potential, a supportive learning environment, and the ability to positively impact individuals and families, your ROI is not only financial but deeply personal as well. Start your journey towards a fulfilling career 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.

Get your personalized projection here!