What Are The Highest Paying Jobs In Mental Health?

Do psychologists earn a lot of money?

The federal government has the highest demand for forensic psychologists out of anywhere else, and employs over 5,000 of these psychologists with an average salary of $85,000 (09).

This would be the most lucrative use of your psychology degree, but it’s impossible, so you should probably just get over it now..

Is Psychology a good career?

Psychology is certainly not a one-size-fits-all career choice. In fact, one of the greatest strengths of a psychology degree is the enormous variety of career paths that are available to graduates. … Health Psychology. Industrial-Organizational Psychology.

Why are psychologists paid so little?

Much of a psychologist’s salary is directly related to their workload. The more patients you see per day, the more money you’ll likely make. (Most psychologists probably see an average of 6 to 8 patients a day. … However, most psychologists are reliant upon our healthcare system in the US to reimburse them for payment.

Are psychologists rich?

The average psychologist can expent to earn between $100,000 and $150,000. This won’t qualify as rich.

Why are psychiatrists paid more than psychologists?

According to the Bureau, psychologists and psychiatrists share similar occupational outlooks. … Because they are medical doctors, psychiatrists earn more money on average than psychologists.

Is a BA in psychology worth it?

One reason for the lower earnings of psychology majors is not that the degree is worth any less, but that education and many social services fields are severely underfunded. If you want a job with a bachelor’s degree in teaching or human services, you will sacrifice your salary, no matter what your college major.

Can a psychologist make 6 figures?

While the mean average salary is nothing to gawk at, experience and education can lead forensic psychologists to six-figure salaries and specialization, which allows one to focus on his or her favored area of the profession.

What field of psychology makes the most money?

Highest Paying Psychology CareersNeuropsychologist. … Engineering Psychologist. … Psychology Teacher. … Clinical Psychologist. … Counseling Psychologist. Average Yearly Salary: $81,330. … School Psychologist. Average Yearly Salary: $77,430. … Forensic Psychologist. Average Yearly Salary: $61,220. … Sports Psychologist. Average Yearly Salary: $60,000.More items…

What is the highest paying therapy job?

The 9 Highest Paying Psychology CareersIndustrial-Organizational Psychologist. … Neuropsychologist. … Clinical Psychologist. … Engineering Psychologist. … Counseling Psychologist. … Forensic Psychologist. Average Salary: $59,440. … School Psychologist. Average Salary: $58,360. … Sports Psychologist. Average Salary: $55,000 per year.More items…

How do therapists get rich?

9 Ways to Make More Money as Psychotherapist:Make Friends with Money. … Be Systematic with your Time. … Create a Treatment Plan for Your Business. … Be Social. … Create and Sell a Product. … Create a Continuing Education Workshop. … Be Paid to Blog. … Speak and Teach for Money.More items…•

What can I do with a BA in psychology?

Activities DirectorLabor Relations ManagerDepartment ManagerSales ClerkDisability Policy WorkerSocial Services AideDisability Case ManagerSubstance Abuse CounselorEmployee Health Maintenance Program SpecialistSystems Analyst31 more rows

How can I make money with a BA in psychology?

You can find plenty of people with bachelor’s degrees in psychology working in:Administration and management.Sales and retail.Social work.HR and employee education.Administrative positions.Insurance, business, and real estate.Marketing.Healthcare.More items…•

Is BA Psychology hard?

The degree is difficult no matter what aspect of psychology you happen to be studying. An awful lot of coursework, exams and lectures are in store for you here. But the rewards from a degree in psychology are far more rewarding. Just be prepared for a lot of work.

Is Psychology a dangerous job?

Among the pros and cons of being a therapist, the potential for patient violence is among the biggest drawbacks in the profession. According to the APA, violence, or the threat of violence, is likely to be experienced by all mental health professionals at some time in their career.