Marriage and Family Therapy, Counseling Degree from University of Northern Colorado Return on Investment

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

F D C B A
Approximate Total Payment $145,141
Approximate Total Interest $41,080
Monthly Payment $1007.93
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 university of northern colorado

Marriage and family therapists

Projection Rating: C+

Median Annual Wage: $58,510

Percentage of Paycheck to Repay: 20.67%-15.38%

Employment Change: 12.3%

Entry-Level Education: Master's degree

Mental Health Counselors

Projection Rating: C+

Median Annual Wage: $58,000

Percentage of Paycheck to Repay: 20.85%-15.52%

Employment Change: 3%

Entry-Level Education: Master's degree

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When considering a degree in Marriage and Family Therapy (MFT) from the University of Northern Colorado, understanding the return on investment (ROI) is crucial for prospective students. This comprehensive program not only equips you with the necessary skills to excel in the field but also offers significant financial benefits that can enhance your career trajectory.

The MFT degree from the University of Northern Colorado is designed to provide students with a robust foundation in therapeutic techniques, psychological principles, and the ethical considerations of counseling. Graduates are prepared to address complex family dynamics and mental health issues, making them valuable assets in various clinical settings.

One of the most compelling aspects of the ROI for this degree is the high demand for qualified marriage and family therapists. According to the Bureau of Labor Statistics, the job outlook for marriage and family therapists is projected to grow by 22% from 2020 to 2030, much faster than the average for all occupations. This growth translates into numerous job opportunities and competitive salaries for graduates.

In addition to job security, graduates of the University of Northern Colorado can expect to earn an attractive salary. The median annual wage for marriage and family therapists was approximately $51,340 as of May 2020, with potential earnings significantly higher in certain states and settings. Many professionals in this field also have the opportunity to build private practices, which can lead to increased income over time.

Furthermore, the University of Northern Colorado offers resources such as career services, internship placements, and networking opportunities that can greatly enhance your employability. These additional support systems not only contribute to a smoother transition into the workforce but also increase the overall value of your educational investment.

In conclusion, pursuing a Marriage and Family Therapy degree from the University of Northern Colorado yields a substantial return on investment. With a strong job market, competitive salaries, and valuable resources, this program is an excellent choice for those looking to make a meaningful impact in the lives of individuals and families while securing a prosperous career in mental health counseling.

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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