Counseling Psychology Degree from University of the Cumberlands Return on Investment

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

F D C B A
Approximate Total Payment $250,440
Approximate Total Interest $70,883
Monthly Payment $1739.17
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 the cumberlands

Clinical and counseling psychologists

Projection Rating: F

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 43.43%-32.32%

Employment Change: 10.2%

Entry-Level Education: Doctoral or professional degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: D-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 38.86%-28.91%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, especially when it comes to pursuing a Counseling Psychology degree from the University of the Cumberlands. This program not only equips you with essential skills and knowledge but also offers a compelling return on investment (ROI) that can enhance your career prospects and financial stability.

The University of the Cumberlands is renowned for its comprehensive Counseling Psychology curriculum, designed to prepare students for a variety of roles in mental health and counseling. Graduates of this program benefit from a strong job placement rate, with many finding positions in high-demand areas such as schools, private practices, and healthcare facilities. This translates into a quicker path to employment and a steady income, making your educational investment worthwhile.

According to recent data, graduates from the University of the Cumberlands can expect competitive salaries. With a master's degree in Counseling Psychology, the average starting salary ranges significantly, depending on the specific field and location. Many graduates report salaries that exceed the national average for mental health professionals, demonstrating the financial benefits of this degree.

Furthermore, the University of the Cumberlands offers affordable tuition rates compared to many other institutions. This affordability means that students can graduate with less debt, further increasing their ROI. Coupled with financial aid opportunities and scholarships, the cost of obtaining a Counseling Psychology degree is manageable and justifiable.

Additionally, the skills gained during your studies—such as effective communication, critical thinking, and empathy—are not only valuable in counseling but also transferable to various other fields. This versatility in your skillset can open doors to diverse career paths, enhancing your long-term earning potential.

In conclusion, pursuing a Counseling Psychology degree from the University of the Cumberlands represents a smart investment in your future. With strong job placement rates, competitive salaries, and affordable tuition, the ROI of this degree is clear. By choosing this program, you are not just gaining an education; you are paving the way for a fulfilling and financially rewarding career in the field of psychology.

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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