Social Work Degree from University of Arkansas Return on Investment
See what the return on investment is for jobs that someone with a Social Work degree from University of Arkansas is likely to work in.
Top job projections for graduates in social work from university of arkansas
Healthcare social workers
Projection Rating: C+
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 20.38%-15.17%
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: 22.92%-17.06%
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: 13.41%-9.98%
Employment Change: 3.8%
Entry-Level Education: Bachelor's degree
When considering a Social Work Degree from the University of Arkansas, prospective students often weigh the potential return on investment (ROI). Investing in your education is a significant decision, and understanding how it translates into career opportunities and financial benefits is crucial.
The University of Arkansas offers a comprehensive Social Work program that equips students with the skills and knowledge needed to excel in various social work roles. Graduates can expect to pursue careers in healthcare, community service, and education, areas that are consistently in demand. According to the U.S. Bureau of Labor Statistics, the job outlook for social workers is projected to grow by 12% from 2020 to 2030, which is much faster than the average for all occupations.
Upon completing the Social Work Degree, graduates often find themselves in positions that offer competitive salaries. In Arkansas, the average salary for social workers can range from $40,000 to $60,000 annually, depending on specialization and experience. This financial return is especially significant when paired with the low cost of living in the region, making your degree even more valuable.
Moreover, the University of Arkansas provides students with practical experience through internships and field placements. These opportunities not only enhance learning but also improve employability, as graduates enter the workforce with hands-on experience that employers value. Networking with local agencies during these placements can lead to job offers post-graduation, further increasing the ROI of your degree.
Financial aid options, including scholarships and grants, also contribute to the overall ROI. The University of Arkansas has various programs designed to support students financially, allowing you to minimize debt while maximizing your educational investment.
Ultimately, the Social Work Degree from the University of Arkansas is not just an academic credential; it's a pathway to a fulfilling career that makes a positive impact on society. With strong job prospects, competitive salaries, and valuable hands-on experience, the ROI of this degree is substantial, making it a wise investment in your future.
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.