Clinical Psychologist Applied Research Project
$$$$
Median wages = $68,000 US
New York = $80,000 -7,100 = 72,900
North Carolina = $55,000 -3,900 = 51,100
Living
NYC- Rent $1,200 per month = $14,000
Benefits… public transportation is cheap… $30 per month (also no car or car insurance)
Groceries $300 per month
Haircut & Color - $300 every 3 months
Winston Salem- Rent $600 per month = $7200
Gas is also cheap but using more of it $50 per month (car insurance $35 per month)
Groceries $200 per month
Haircut & Color - $150 every 3 months
Graduate School? – Very Necessary
Starting salary around $45,000
Almost always an advanced degree is needed to be hired
Masters vs. PhD
Clinical psychologist with PhD. -70,000
Clinical psychologist with Masters – 70,000
Professor – 70,000 with advanced degree
School Counselor – 58,000 with MA
School Counselor – Not possible without at least a masters
Genetics counselor - $75,000 wow! Inform families on genetic disorders, but often a dual degree in genetics and counseling is needed
Forensic psychologist – $68,000 – very cool, but knowledge of psychology and criminal justice is needed which means more time devoted to education.
How to proceed?
GRADUATE SCHOOL IS A MUST
Not a huge difference btw masters and PhD, but to be a therapist, a PhD is a better option.
Although living in Winston is all around cheaper, you can make more money as a clinical psychologist in NYC.
Also, my family is in NYC, so it makes a lot of sense to go home!