Counseling Psychology Degree from Auburn University Return on Investment

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

F D C B A
Approximate Total Payment $191,247
Approximate Total Interest $54,129
Monthly Payment $1328.11
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 auburn university

Clinical and counseling psychologists

Projection Rating: D

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 33.17%-24.68%

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: 29.67%-22.08%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a critical decision, and pursuing a Counseling Psychology degree from Auburn University is no exception. This program not only equips students with essential skills but also offers a significant return on investment (ROI) that can shape your future career in mental health.

Auburn University’s Counseling Psychology degree provides a comprehensive curriculum that combines theoretical knowledge with hands-on experience. Graduates are prepared for various roles in mental health services, including counseling, therapy, and clinical psychology. With a focus on evidence-based practices, students learn to address a wide range of psychological issues, making them valuable assets in the workforce.

One of the key factors contributing to the ROI of this degree is the high demand for mental health professionals. According to the U.S. Bureau of Labor Statistics, employment for psychologists is projected to grow significantly over the next decade. This growing demand translates into competitive salaries and job security for graduates of Auburn University’s program.

Moreover, Auburn University boasts a robust network of alumni and industry connections, enhancing job placement opportunities for graduates. Many students find employment shortly after graduation, often in reputable organizations and practices, thereby maximizing their return on investment right from the start.

Additionally, the financial aspects of this degree are noteworthy. Auburn University offers various scholarships and financial aid options that can reduce the overall cost of education, making it more accessible. When considering the potential salary increase and job opportunities post-graduation, the long-term financial benefits far outweigh the initial investment.

In conclusion, a Counseling Psychology degree from Auburn University represents a sound investment in your future. With a comprehensive education, strong job market demand, and excellent support for graduates, you can expect a favorable return on investment that reflects both your personal and professional aspirations.

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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