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One thing to think about is your practice - I'm an MFT and went to grad school while living in the DFW area. Do you want to have a private practice? How much do you want to charge? What type of clientele do you want to specialize in? Honestly, you'll probably make more money if your office is in North Dallas/Highland Park/Plano/Uptown areas (I know the Dallas side way better than the Ft. Worth Side) Other good areas would be Coppell/Las Colinas or Southlake. All of these areas are higher in cost of living but could translate into making more money in a private practice. You could, of course, commute to work as well but I just wanted to put that out there as something to think about.
However, if you want to work at a school or non-profit agency then I would have completely different recommendations. Most of my friends from grad school are pursuing private practice and have done a lot of market research and this is where their practices are. That said, you could have a really successful private practice in many areas of the metroplex.
BTW - we lived in the N. Dallas area when we were there and loved it. We chose that area due to proximity to work/school.
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