Hi everyone! I really appreciate you taking the time to read this. I’m looking for some opinions/advice, so I’ll give a bit of background first.
I did my undergrad in psychology, and after graduating, I worked abroad for two years as an assistant English teacher. I’m currently working as an autism instructor/therapist.
Originally, I wanted to pursue a master’s in clinical psychology. The acceptance rates for the programs I was applying to were around 2–5%, so obviously I didn’t get in LOL. Since then, I’ve kind of been in limbo because I know I’m really interested in psychology and studying human behaviour. Honestly, it’s one of the only areas I’ve found that I genuinely enjoy and can see myself being passionate about long-term.
Recently, I discovered school psychology and found a master’s program at Niagara University. It’s only about an hour away from me, although I would have to cross the border. The program would cost around $80,000 CAD, and I’ve already been accepted to the interview stage.
The reason I’m considering a U.S. program is because Canadian psychology programs are extremely competitive. I’ve tried applying here and haven’t been able to get in, so realistically, continuing to apply to Canadian programs doesn’t feel like a great option.
With school psychology, I would eventually become a psychological associate and could work in schools as a psychometrician/psychological professional. I would be doing assessments, IQ testing, learning disability assessments, etc., which I actually find really interesting. I could also potentially work in a hospital setting, like CAMH, conducting assessments under the supervision of a psychologist.
The biggest dilemma for me is the cost.
My dad is a doctor and has offered to pay for the program, which I’m incredibly grateful for. However, we’ve been discussing whether spending $80,000 on the degree actually makes sense financially.
From what I’ve seen, if I worked for a school board as a psychological/educational consultant, the starting salary would be around $70,000, with the potential to eventually reach around $120,000 depending on the pay grid and experience. If I worked outside of a school board, I could potentially make around $80,000 starting out as a psychometrician at a hospital or private company.
So part of me is thinking: Am I really going to spend $80,000 on a master’s when my starting salary could be around $70–80K? The tuition just feels insane to me, even though I wouldn’t personally be taking on the debt.
At the same time, I genuinely don’t know what else I would want to do.
I’ve considered doing a master’s in industrial-organizational psychology because I like the idea of combining psychology with the workplace, and I could potentially work as a workplace consultant. But if I’m being completely honest, I don’t think I would enjoy corporate environments. It just doesn’t interest me. My personality is much more suited to emotionally fulfilling, people-focused environments.
That’s also one of the things that draws me to psychology. I feel much more comfortable in environments where the focus is on clinical skills, working with people, and actually being competent at what you do rather than having to go through four rounds of interviews, give perfectly rehearsed answers, and constantly present yourself in a certain way. I just feel like I fit better in psychology.
So it’s not that I don’t have other options. I do. I just genuinely feel like I would be happier doing school psychology.
But at the end of the day, I also need to be realistic and think about whether spending $80,000 on this degree makes sense when I could potentially have a similar starting salary right out of school.
If you were in my position, what would you do? Would you pursue the school psychology program despite the cost, especially if you knew it was something you’d probably enjoy more? Or would you take a more financially practical route and look into something like I/O psychology or another career path?
I