Marriage and Family Therapy, Counseling Degree from St Thomas University Return on Investment

See what the return on investment is for jobs that someone with a Marriage and Family Therapy, Counseling degree from St Thomas University is likely to work in.

F D C B A
Approximate Total Payment $304,633
Approximate Total Interest $86,221
Monthly Payment $2115.50
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 marriage and family therapy, counseling from st thomas university

Marriage and family therapists

Projection Rating: F

Median Annual Wage: $58,510

Percentage of Paycheck to Repay: 43.39%-32.28%

Employment Change: 12.3%

Entry-Level Education: Master's degree

Mental Health Counselors

Projection Rating: F

Median Annual Wage: $58,000

Percentage of Paycheck to Repay: 43.77%-32.57%

Employment Change: 3%

Entry-Level Education: Master's degree

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Investing in a Marriage and Family Therapy counseling degree from St. Thomas University is a decision that can yield significant returns, both professionally and personally. As the demand for mental health professionals continues to rise, graduates with specialized training in marriage and family therapy are finding themselves well-positioned in the job market.

The Return on Investment (ROI) for pursuing this degree is highlighted by several key factors:

  • Career Opportunities: With a degree in marriage and family therapy, you gain access to diverse career paths, including roles in private practice, hospitals, and community organizations. The Bureau of Labor Statistics projects a growth rate of 22% for marriage and family therapists from 2021 to 2031, far exceeding the average for all occupations.
  • Competitive Salaries: Graduates can expect competitive salaries that reflect their expertise. According to recent data, marriage and family therapists earn an average annual salary of around $56,000, with the potential for higher earnings as they gain experience and establish their practices.
  • Personal Fulfillment: Beyond financial considerations, the emotional and psychological rewards of helping families and couples navigate their challenges can be immense. Graduates often report high levels of job satisfaction and a strong sense of purpose in their work.
  • Flexible Work Environment: Many marriage and family therapists enjoy the flexibility of setting their own hours and working in various settings, allowing for a better work-life balance.
  • Networking Opportunities: St. Thomas University offers a robust alumni network and connections within the mental health community. These relationships can lead to job opportunities, mentorship, and collaboration in research and practice.

Choosing to pursue a Marriage and Family Therapy counseling degree from St. Thomas University is not just an academic decision; it’s an investment in a rewarding career that offers both financial stability and the chance to make a meaningful impact in people's lives. Take the first step towards a fulfilling future today!

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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