Social Work Degree from University of North Carolina at Chapel Hill Return on Investment

See what the return on investment is for jobs that someone with a Social Work degree from University of North Carolina at Chapel Hill is likely to work in.

F D C B A
Approximate Total Payment $120,922
Approximate Total Interest $34,225
Monthly Payment $839.74
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in social work from university of north carolina at chapel hill

Healthcare social workers

Projection Rating: C

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 24.02%-17.87%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Mental health and substance abuse social workers

Projection Rating: C-

Median Annual Wage: $55,960

Percentage of Paycheck to Repay: 27.01%-20.10%

Employment Change: 14.4%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: B-

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 15.80%-11.76%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, especially when it comes to pursuing a degree in social work. The Social Work Degree from the University of North Carolina at Chapel Hill offers not only a profound academic experience but also a compelling return on investment (ROI) that can shape your future.

The University of North Carolina at Chapel Hill is renowned for its robust social work program, which is designed to equip students with the necessary skills to make a meaningful impact in communities. Graduates of this program are well-prepared to tackle pressing social issues, making them highly sought after in the job market.

When considering the ROI of a social work degree, it's essential to evaluate both the financial investment and the potential career outcomes. Graduates often find employment in a variety of settings, including healthcare facilities, schools, non-profit organizations, and government agencies. The demand for social workers is projected to grow significantly, with the Bureau of Labor Statistics reporting a faster-than-average job growth rate in this field.

According to recent statistics, the average salary for social workers in the United States ranges from $40,000 to $70,000 annually, depending on experience and specialization. Graduates from UNC Chapel Hill often find themselves at the higher end of this spectrum due to the university's strong reputation and extensive alumni network.

Furthermore, the skills acquired through the social work program, such as critical thinking, interpersonal communication, and cultural competency, are invaluable and transferable across various career paths. This versatility enhances employability and opens doors to leadership roles in social services and beyond.

In addition to financial benefits, the intrinsic rewards of a career in social work are immeasurable. Graduates have the opportunity to effect change, advocate for vulnerable populations, and contribute to the well-being of society. This sense of purpose and fulfillment can lead to long-term job satisfaction that transcends monetary gain.

Ultimately, the return on investment of a Social Work Degree from the University of North Carolina at Chapel Hill is not just defined by salary but also by the profound impact graduates have on the lives of others. With a commitment to academic excellence and a focus on practical application, UNC Chapel Hill prepares students for a rewarding career that promises both personal and professional growth.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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