Social Work Degree from Rutgers University – Newark Return on Investment

See what the return on investment is for jobs that someone with a Social Work degree from Rutgers University – Newark is likely to work in.

F D C B A
Approximate Total Payment $115,758
Approximate Total Interest $32,763
Monthly Payment $803.88
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 rutgers university - newark

Healthcare social workers

Projection Rating: C

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 22.99%-17.11%

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: 25.86%-19.24%

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: 15.13%-11.26%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and obtaining a Social Work Degree from Rutgers University – Newark can yield substantial returns. This program equips students with essential skills and knowledge necessary to excel in various social work fields, making it a strategic choice for future professionals.

One of the key advantages of pursuing a Social Work Degree at Rutgers University – Newark is the university's strong reputation and commitment to social justice. Graduates are highly regarded in the job market, often leading to increased employment opportunities and competitive salaries. According to recent data, social workers with a degree from Rutgers can expect to earn an average salary that reflects the investment in their education.

Additionally, the program offers hands-on learning experiences through internships and fieldwork, providing students with practical skills that can enhance their employability. This experiential learning not only enriches the educational journey but also helps build valuable professional networks that can lead to job placements post-graduation.

The return on investment for a Social Work Degree from Rutgers University – Newark extends beyond financial gains. Graduates often report a high level of job satisfaction, as they engage in meaningful work that positively impacts individuals and communities. The degree prepares students to address complex social issues, advocate for vulnerable populations, and contribute to systemic change.

Moreover, Rutgers provides a range of financial aid options, scholarships, and flexible learning formats, making it accessible for a diverse student body. This commitment to affordability ensures that students can focus on their studies and career aspirations without excessive financial burden.

In conclusion, a Social Work Degree from Rutgers University – Newark is not just an educational credential; it is an investment in a rewarding career dedicated to making a difference. With a strong support system, exceptional faculty, and extensive resources, students can expect a significant return on their investment, both personally and professionally.

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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