Counseling Psychology Degree from California State University – Bakersfield Return on Investment

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

F D C B A
Approximate Total Payment $120,844
Approximate Total Interest $34,203
Monthly Payment $839.19
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 california state university - bakersfield

Clinical and counseling psychologists

Projection Rating: C+

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 20.96%-15.59%

Employment Change: 10.2%

Entry-Level Education: Doctoral or professional degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 18.75%-13.95%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and pursuing a Counseling Psychology degree from California State University, Bakersfield (CSUB) is a choice that can yield substantial returns. This program not only equips students with the essential skills needed for a successful career in psychology but also offers a variety of benefits that enhance its overall value.

One of the most compelling aspects of the Counseling Psychology degree at CSUB is its strong emphasis on practical experience. Students engage in hands-on training through internships and clinical placements, allowing them to gain real-world experience that is highly valued by employers. This practical training significantly boosts employability, setting graduates apart in a competitive job market.

Moreover, CSUB's Counseling Psychology program is designed to meet the growing demand for mental health professionals. With mental health awareness on the rise, there is a consistent need for qualified counselors and psychologists. Graduates of this program are well-prepared to fill these roles, leading to job stability and growth potential in various settings, including schools, hospitals, and private practices.

Financially, the return on investment (ROI) of a Counseling Psychology degree from CSUB is favorable. Graduates often find positions with competitive salaries, which can quickly offset the cost of tuition and other expenses. According to recent data, many CSUB alumni report starting salaries well above the national average for psychology graduates. Additionally, the university's strong network and career services can help facilitate job placements, further enhancing the ROI for graduates.

In conclusion, a Counseling Psychology degree from California State University, Bakersfield offers a robust return on investment through its practical training, high employability, and strong earning potential. By choosing this program, students are not only investing in their education but also their future careers in a field that is both rewarding and in high demand.

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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