Social Work Degree from Western Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $126,449
Approximate Total Interest $35,789
Monthly Payment $878.12
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 western illinois university

Healthcare social workers

Projection Rating: C-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 25.11%-18.69%

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: 28.25%-21.02%

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: 16.52%-12.30%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Investing in your education is one of the most critical decisions you can make for your future, and pursuing a Social Work Degree from Western Illinois University (WIU) offers an impressive return on investment (ROI). With a comprehensive curriculum that blends theory and practical experience, WIU prepares students to make a profound impact in the field of social work while ensuring financial stability post-graduation.

One of the key factors contributing to the ROI of a social work degree from WIU is the university's strong reputation and accreditation. Graduates are recognized for their rigorous training and are highly sought after by employers in various sectors, including healthcare, community services, and government agencies. This demand translates into competitive salaries and job security in a growing field.

Additionally, WIU offers a range of financial aid options, scholarships, and work-study programs that can help reduce the overall cost of your degree. By minimizing student debt, you can enhance your ROI, allowing you to focus on your career and community impact rather than financial burdens.

Upon graduation, social work professionals can expect to earn a competitive salary. According to the Bureau of Labor Statistics, the median pay for social workers is significantly above the national average, with opportunities for advancement and specialization that can further increase earnings. WIU alumni have successfully secured positions in various roles, from clinical social workers to community outreach coordinators, ensuring a diverse array of career paths.

Moreover, the social work field is expected to grow rapidly, with job openings projected to increase due to the rising need for mental health services and community support. This growth not only enhances job security but also provides ample opportunities for networking and professional development, further boosting your career prospects and ROI.

In conclusion, a Social Work Degree from Western Illinois University is not only an investment in your education but also a strategic move towards a fulfilling and financially rewarding career. By choosing WIU, you are equipping yourself with the knowledge, skills, and connections necessary to thrive in a vital and impactful profession. Explore the possibilities that await you and take the first step towards making a difference in your community while enjoying a solid return on your educational investment.

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.

Get your personalized projection here!