Counseling Psychology Degree from University of North Dakota Return on Investment

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

F D C B A
Approximate Total Payment $153,606
Approximate Total Interest $43,476
Monthly Payment $1066.71
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 university of north dakota

Clinical and counseling psychologists

Projection Rating: C-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 26.64%-19.82%

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: 23.83%-17.73%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you can make for your future. A Counseling Psychology Degree from the University of North Dakota (UND) not only equips you with essential skills and knowledge but also offers a compelling return on investment (ROI) that can positively impact your career trajectory.

The demand for trained mental health professionals is on the rise, making a degree in counseling psychology a valuable asset. Graduates from UND benefit from a comprehensive curriculum that combines theory with practical experience, ensuring you are well-prepared for the workforce. According to the Bureau of Labor Statistics, the job outlook for psychologists is projected to grow by 3% from 2021 to 2031, which is faster than the average for all occupations.

One of the standout features of UND’s program is its affordability. With competitive tuition rates and various financial aid options, students can minimize their debt while maximizing their educational experience. Furthermore, graduates often secure employment in well-paying positions, with many earning salaries that significantly exceed their student loan payments.

In addition to financial benefits, a Counseling Psychology Degree from UND provides you with the opportunity to make a meaningful difference in people's lives. As a trained professional, you’ll be equipped to address mental health challenges in diverse populations, contributing to the wellbeing of your community.

Furthermore, the university fosters strong connections with local and regional mental health organizations, creating internship and job placement opportunities that further enhance your career prospects. Many UND graduates find themselves employed in various settings, including schools, hospitals, and private practices, often leading to rewarding and fulfilling careers.

In summary, pursuing a Counseling Psychology Degree from the University of North Dakota is not just an academic endeavor; it's a strategic investment in your future. With a solid return on investment, exceptional career prospects, and the chance to impact lives positively, this degree is a smart choice for anyone passionate about mental health and helping others.

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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