Counseling Psychology Degree from Saint Mary’s University of Minnesota Return on Investment

See what the return on investment is for jobs that someone with a Counseling Psychology degree from Saint Mary’s University of Minnesota is likely to work in.

F D C B A
Approximate Total Payment $300,586
Approximate Total Interest $85,076
Monthly Payment $2087.40
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 saint mary's university of minnesota

Clinical and counseling psychologists

Projection Rating: F-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 52.13%-38.79%

Employment Change: 10.2%

Entry-Level Education: Doctoral or professional degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 46.64%-34.70%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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

Are you considering pursuing a Counseling Psychology degree from Saint Mary's University of Minnesota? Understanding the return on investment (ROI) of your educational choices is crucial in today’s competitive job market. This program not only equips you with essential skills in counseling and psychology but also offers significant financial benefits that can enhance your career trajectory.

Graduates of the Counseling Psychology program at Saint Mary’s University find themselves well-prepared for various roles in mental health services, educational institutions, and community organizations. The average starting salary for graduates in this field often ranges from $50,000 to $70,000, depending on the job role and location. With the demand for mental health professionals steadily increasing, the potential for salary growth is substantial.

Moreover, the program emphasizes real-world experience through internships and practicum opportunities, which not only enrich your learning but also make you more attractive to potential employers. This hands-on experience can significantly shorten the time it takes to secure a job after graduation, further enhancing your ROI.

Additionally, Saint Mary's University offers a supportive network of alumni and career services that assist you in navigating the job market. Graduates often report a high level of satisfaction with their career outcomes, which underscores the value of the program.

In terms of educational investment, Saint Mary’s University provides competitive tuition rates coupled with financial aid options that can alleviate the cost burden. When you weigh the costs against the potential earnings and job stability in the counseling psychology field, the ROI becomes quite favorable.

In conclusion, a Counseling Psychology degree from Saint Mary’s University of Minnesota is not just an academic credential; it’s an investment in your future. With strong earning potential, a growing job market, and comprehensive support services, your decision to pursue this degree can lead to a rewarding and sustainable career in mental health.

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!