Counseling Psychology Degree from Salem State University Return on Investment
See what the return on investment is for jobs that someone with a Counseling Psychology degree from Salem State University is likely to work in.
Top job projections for graduates in counseling psychology from salem state university
Clinical and counseling psychologists
Projection Rating: C-
Median Annual Wage: $96,100
Percentage of Paycheck to Repay: 26.87%-20.00%
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: 24.04%-17.89%
Employment Change: 84.5%
Entry-Level Education: Master's degree
When considering a Counseling Psychology degree from Salem State University, one of the most important factors to evaluate is the return on investment (ROI) of your education. With the increasing demand for mental health professionals, this degree not only equips you with essential skills but also opens doors to a rewarding career.
The Counseling Psychology program at Salem State University is designed to provide students with a comprehensive understanding of psychological principles and practices. The curriculum combines theoretical knowledge with practical experience, ensuring graduates are well-prepared for various roles in the mental health field. This blend of education effectively enhances employability, a key component of ROI.
Graduates of the program have reported competitive salaries that reflect the growing need for licensed counselors. According to recent data, professionals in this field can expect to earn a median annual salary significantly above the national average. With the potential for higher earnings, the initial investment in education can quickly pay off.
Additionally, Salem State's strong connections with local mental health organizations and a robust internship program allow students to gain invaluable hands-on experience. These opportunities not only enrich your learning but also help to build a professional network, which can be instrumental in securing employment after graduation.
Furthermore, the university’s commitment to student support services, including career counseling and job placement assistance, enhances your chances of finding a fulfilling position in the field. By investing in a Counseling Psychology degree at Salem State University, you are not only gaining knowledge and skills but also investing in your future career stability and growth.
In conclusion, the Counseling Psychology degree from Salem State University offers a solid return on investment through its comprehensive curriculum, strong job placement rates, and competitive salaries. By choosing this program, you are taking a significant step toward a successful and rewarding 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.