Substance Abuse, Addiction Counseling Degree from Albertus Magnus College Return on Investment

See what the return on investment is for jobs that someone with a Substance Abuse, Addiction Counseling degree from Albertus Magnus College is likely to work in.

F D C B A
Approximate Total Payment $215,040
Approximate Total Interest $60,864
Monthly Payment $1493.34
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 substance abuse, addiction counseling from albertus magnus college

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: F-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 50.05%-37.24%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: C-

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 28.10%-20.91%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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The pursuit of a Substance Abuse and Addiction Counseling Degree from Albertus Magnus College is not just an academic endeavor; it is a transformative journey that offers substantial returns on investment (ROI). As the demand for qualified addiction counselors continues to rise, graduates from this program find themselves positioned for rewarding careers in a growing field.

One of the most compelling reasons to consider this degree is the promising job outlook for addiction counselors. According to the U.S. Bureau of Labor Statistics, employment for substance abuse, behavioral disorder, and mental health counselors is projected to grow by 23% from 2020 to 2030, much faster than the average for all occupations. This growth translates into numerous job opportunities, making this degree a smart investment for your future.

Additionally, Albertus Magnus College emphasizes practical experience through internships and hands-on training which enhances employability. Students gain valuable skills and knowledge that employers seek, ensuring that graduates are not only ready to enter the workforce but are also equipped to make a significant impact in their communities.

Financially, the ROI of obtaining a Substance Abuse and Addiction Counseling Degree can be significant. While tuition and fees are an investment, the potential salaries for graduates can be quite rewarding. According to recent data, substance abuse counselors can earn an average annual salary of around $47,000, with potential for higher earnings as experience grows and specialization develops.

Moreover, many graduates find work in a variety of settings, including hospitals, rehabilitation centers, and private practices, providing flexibility in career paths. This diversity allows for personal fulfillment and the opportunity to work in environments that resonate with individual values and interests.

In summary, pursuing a Substance Abuse and Addiction Counseling Degree from Albertus Magnus College offers a compelling return on investment. With a robust job market, practical training, and the potential for a rewarding salary, this degree not only prepares you for a fulfilling career but also contributes positively to society by helping those struggling with addiction. Invest in your future today and become a catalyst for change in the lives of 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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