How much do people that want to become a therapist or psychiatrist make fresh out of college? or how would my income look like?

Depending on a certain therapist performance and accredited completion of training a therapist can earn between $30 to $80 per hour. Since it is a very demanding work, usually therapist limits their work into 20 hours per week. Usually if they have their own facilities and other stuffs for working, the hour of their charge increases.

The lowest-paid 10 percent of Psychiatrists earn less than $65,530 per year, while the highest-paid 10 percent earn more than $166,400. The middle 50 percent of Psychiatrists are paid between $112,950 and $164,220 per year, meaning there’s a good chance that you’ll earn an average income of more than $100,000 annually.

The factors that determine the salary for any career include location of employment, amount of experience, and type of practice. With that being said, you can expect to be on the lower end of the average annual salary until you have gathered work experience and relevant accreditation.