Substance Abuse, Addiction Counseling Degree from Northern New Mexico College Return on Investment

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

F D C B A
Approximate Total Payment $73,054
Approximate Total Interest $20,677
Monthly Payment $507.32
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 northern new mexico college

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: B-

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 17.00%-12.65%

Employment Change: 84.5%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: A-

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 9.55%-7.10%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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The pursuit of a degree in Substance Abuse and Addiction Counseling from Northern New Mexico College (NNMC) is not just an academic journey; it’s an investment in a rewarding career that offers both personal fulfillment and financial stability. As the demand for qualified addiction counselors continues to rise, understanding the return on investment (ROI) of this degree becomes essential for prospective students.

With substance abuse issues affecting communities nationwide, the need for trained professionals who can provide effective counseling is greater than ever. Graduates of NNMC's program are equipped with the skills and knowledge necessary to make a significant impact in the lives of individuals struggling with addiction, making this degree not only valuable in terms of career prospects but also deeply rewarding on a personal level.

When considering the ROI of a Substance Abuse and Addiction Counseling degree, it’s important to look at various factors, including job placement rates, salary expectations, and the overall cost of education. NNMC boasts competitive placement rates, with many graduates securing positions in healthcare facilities, rehabilitation centers, and community organizations shortly after completing their studies. This swift transition from education to employment is a crucial aspect of the program’s value.

Additionally, professionals in the field of addiction counseling enjoy competitive salaries. According to the Bureau of Labor Statistics, the median annual wage for substance abuse, behavioral disorder, and mental health counselors is significantly higher than the national average for all occupations. This financial advantage, paired with the emotional rewards of helping others, illustrates the strong ROI for graduates of NNMC's program.

Moreover, NNMC offers affordable tuition rates and various financial aid options, making it accessible for students from diverse backgrounds. By investing in a degree from Northern New Mexico College, students not only gain essential skills and knowledge but also position themselves for a successful and impactful career in addiction counseling.

In conclusion, a degree in Substance Abuse and Addiction Counseling from Northern New Mexico College provides an exceptional return on investment. With increasing job demand, solid salary potential, and the ability to make a positive difference in the community, this degree is a smart choice for anyone looking to make a meaningful career change while securing their financial future.

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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