Counseling Psychology Degree from South Dakota State University Return on Investment

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

F D C B A
Approximate Total Payment $146,223
Approximate Total Interest $41,386
Monthly Payment $1015.44
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 south dakota state university

Clinical and counseling psychologists

Projection Rating: C-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 25.36%-18.87%

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: 22.69%-16.88%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Counseling Psychology degree from South Dakota State University (SDSU), understanding the return on investment (ROI) is essential for prospective students. This degree not only equips graduates with essential skills in mental health treatment and counseling techniques but also opens doors to a rewarding career path that is both fulfilling and financially viable.

One of the most compelling aspects of pursuing a Counseling Psychology degree at SDSU is the robust job market for mental health professionals. According to recent statistics, demand for counselors and therapists is projected to grow significantly over the next decade, making this degree a smart investment in your future. Graduates can expect competitive salaries, with entry-level positions offering attractive compensation that increases with experience and specialization.

Moreover, SDSU offers a comprehensive curriculum that emphasizes practical experience through internships and field placements. This hands-on training not only enhances learning but also bolsters your resume, making you a more attractive candidate to potential employers. Graduates often find employment in various settings, including schools, hospitals, and private practices, further amplifying the ROI of their degree.

Additionally, attending SDSU provides access to a network of alumni and industry professionals. This network can be invaluable for mentorship, job placement, and career advancement. Engaging with this community can significantly enhance your job prospects, thus increasing the overall return on your educational investment.

Financially, South Dakota State University offers competitive tuition rates compared to many other institutions, making it a cost-effective option for obtaining a Counseling Psychology degree. When factoring in potential salaries and job stability, the ROI becomes even more favorable. Many graduates report that their degree paid for itself within just a few years of entering the workforce.

In conclusion, investing in a Counseling Psychology degree from South Dakota State University not only prepares you for a meaningful career in mental health but also offers a strong return on investment. With a growing job market, practical training opportunities, and a supportive professional network, your degree can lead to both personal satisfaction and financial success.

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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