by: Mackenzie Oakley
Individuals with masters degrees will experience intense competition for open positions since most organizations prefer hiring individuals with doctorate degrees. Psychologist with masters degree should not have problems finding counseling and psychological assistant positions. Demand for clinical and counseling psychologists will increase as people continue to turn to psychologists for help with their problems. Psychologists will also be needed to provide services to an aging population, helping people deal with the mental and physical changes that happen as they grow older. Psychological services are also needed for veterans suffering from war trauma, for survivors of other trauma, and for individuals with autism.
According to the Bureau of Labor Statistics, the median annual salary of clinical and counseling psychologists was $72,540. Salaries are highly dependent on the counseling psychologist's area of specialization, which may push their salary up or down.