MOT/OTD-Cost & Credentials

[Phi784]

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Hello Everyone!

I am having heart palpitations when I consider the cost of my future degree. I am weighing the risk-reward and over analyzing every aspect of the decision.I am looking Nova Southeastern and Barry University because they are close to where I live. To complicate matters, my fiancee has a job she enjoys (and is well paid for). However, we both are open to moving if it makes sense. Hence, I am here to inquire about the cost/benefit ratio of differing schools relevant to my academic credentials. Any suggestions would be GREATLY APPRECIATED. My stats follow...

Cum GPA: 3.2
Last 60 3.9
GRE: 161V/154Q 1360 (composite equivalent)
Finishing my observation hours
Rec from dean of psychology at my university
Rec from a social worker
Planner rec from an OT

 

[Sunny324]

This calculator might be helpful regarding the cost/benefit of certain programs.

You have nice stats so you have a good chance at acceptances. I don't believe there is much benefit salary-wise to attending a more prestigious school vs. a less prestigious one; most employers don't really care as long as you are licensed. I also don't think there is much of a salary bump for OTD over MOT either, although it can open more doors in terms of research, teaching, management, etc.

 

[MSR0307]

Hello Phi784,
Did you look into FIU, their program is much cheaper. Also have you heard from Nova or Barry yet? I'm curious because I also applied to those schools.

 

[OTlove88]

I wouldn't worry too much about the tuition. I also freaked out a few weeks ago but honestly after taking a look at the OT jobs on career builder I noticed the salary is actually a bit higher than I thought (could also be that I'm in Chicago though...) and you can always pick up some home health hours for the first few years post graduation to pay off a good chunk of loans. I do think the degree is worth the loans! 🙂

Also, I did speak to a few OTs who mentioned that while yes - you will get a job no matter what school you go to, the fact that they went to programs that were known as being a little better did open more doors for them and came up a lot in their careers. Just a thought when it comes to your decision because I know a lot of people say ranking and reputation of the program doesn't matter but I mean - it has to count for something!