Counseling Psychology Degree from Ball State University Return on Investment

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

F D C B A
Approximate Total Payment $164,960
Approximate Total Interest $46,689
Monthly Payment $1145.56
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 ball state university

Clinical and counseling psychologists

Projection Rating: C-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 28.61%-21.29%

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: 25.59%-19.04%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and when it comes to pursuing a Counseling Psychology degree from Ball State University, the return on investment (ROI) can be substantial. This degree not only equips you with essential skills and knowledge to excel in the field of counseling but also opens doors to a variety of rewarding career opportunities.

Ball State University offers a comprehensive counseling psychology program that emphasizes both theoretical foundations and practical application. Graduates are well-prepared to meet the increasing demand for mental health professionals, making this degree a valuable asset in today’s job market.

One of the key factors contributing to the ROI of a Counseling Psychology degree from Ball State is the university's commitment to student success. With experienced faculty, hands-on training, and access to cutting-edge resources, students gain the expertise needed to thrive in diverse settings such as schools, hospitals, and private practices.

Moreover, the financial benefits of obtaining a Counseling Psychology degree are compelling. Graduates often enjoy competitive salaries, with many positions in the field offering above-average income potential. Additionally, the growing awareness and prioritization of mental health services contribute to job stability and career advancement opportunities.

Ball State University’s robust alumni network also plays a crucial role in enhancing the ROI of your degree. By connecting with successful graduates, you can gain insights into the industry, access job opportunities, and receive mentorship that can propel your career forward.

In conclusion, a Counseling Psychology degree from Ball State University is not just an academic credential; it’s an investment in your future. With strong job prospects, competitive salaries, and a supportive educational environment, the return on investment is clear. Take the first step toward a fulfilling career in counseling by enrolling in Ball State’s program 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.

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