Counseling Psychology Degree from University of Southern Mississippi Return on Investment

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

F D C B A
Approximate Total Payment $147,456
Approximate Total Interest $41,735
Monthly Payment $1024.00
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 counseling psychology from university of southern mississippi

Clinical and counseling psychologists

Projection Rating: C-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 25.57%-19.03%

Employment Change: 10.2%

Entry-Level Education: Doctoral or professional degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 22.88%-17.02%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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The Counseling Psychology degree from the University of Southern Mississippi (USM) offers a remarkable return on investment (ROI) for students looking to build a rewarding career in mental health. With a comprehensive curriculum that combines theoretical knowledge and practical experience, this program prepares graduates for a variety of roles in counseling, therapy, and psychological services.

One of the key factors contributing to the ROI of a Counseling Psychology degree at USM is the university's strong reputation and accreditation. USM is known for its commitment to academic excellence and rigorous training, ensuring that graduates are competitive in the job market. Employers recognize the value of a degree from a well-respected institution, often translating to higher starting salaries and better job opportunities.

Additionally, the Counseling Psychology program emphasizes hands-on experience through internships and supervised clinical practice. This practical training not only enhances students' skills but also builds professional networks, which can lead to job placements upon graduation. The connections made during these experiences can significantly increase earning potential and career advancement opportunities.

Furthermore, the demand for mental health professionals continues to rise, driven by increasing awareness of mental health issues and a growing emphasis on psychological well-being. Graduates from USM’s Counseling Psychology program are well-equipped to meet this demand, leading to a strong job outlook and stable employment prospects. The average salary for counseling psychologists can vary based on location, experience, and specialization, but many find opportunities that offer lucrative compensation packages.

Investing in a Counseling Psychology degree from the University of Southern Mississippi is not just about education; it’s about laying the foundation for a fulfilling career that makes a difference in people's lives. With the right training, professional connections, and a supportive academic environment, graduates can expect a high return on their investment, both financially and personally.

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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