Mental Health Counseling, Counselor Degree from SUNY at Albany Return on Investment
See what the return on investment is for jobs that someone with a Mental Health Counseling, Counselor degree from SUNY at Albany is likely to work in.
Top job projections for graduates in mental health counseling, counselor from suny at albany
Mental Health Counselors
Projection Rating: C
Median Annual Wage: $58,000
Percentage of Paycheck to Repay: 23.88%-17.77%
Employment Change: 3%
Entry-Level Education: Master's degree
Substance abuse, behavioral disorder, and mental health counselors
Projection Rating: C-
Median Annual Wage: $53,710
Percentage of Paycheck to Repay: 25.78%-19.19%
Employment Change: 84.5%
Entry-Level Education: Master's degree
Investing in a mental health counseling degree from SUNY at Albany can yield significant returns, both personally and professionally. As mental health awareness continues to grow, the demand for qualified counselors is at an all-time high. Graduating from a reputable institution like SUNY at Albany not only equips you with essential skills but also enhances your employability and earning potential.
With a degree in mental health counseling, graduates can expect to enter a field that is projected to grow steadily over the next decade. According to the Bureau of Labor Statistics, the job outlook for mental health counselors is expected to rise by 22% from 2019 to 2029, much faster than the average for all occupations. This growth translates into a wealth of opportunities across various settings, including schools, hospitals, and private practices.
Moreover, the return on investment (ROI) for a mental health counseling degree from SUNY at Albany extends beyond financial benefits. Graduates often report high levels of job satisfaction, knowing they are making a meaningful impact in the lives of individuals facing mental health challenges. The skills learned during the program—such as active listening, empathy, and problem-solving—are not only valuable in a professional context but also enrich personal relationships and community involvement.
In terms of financial ROI, the initial investment in education can lead to competitive salaries. Mental health counselors in New York State earn an average annual salary of over $50,000, with potential earnings increasing significantly with experience and specialization. Additionally, SUNY at Albany offers various financial aid options, scholarships, and assistantships, making it more accessible for students to pursue their degrees without incurring substantial debt.
Overall, obtaining a mental health counseling degree from SUNY at Albany is a strategic investment in your future. With a strong job market, fulfilling career paths, and the ability to make a positive difference in society, this degree offers a compelling return on investment that benefits graduates long after they step into their professional roles.
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.