Social Work Degree from Monmouth University Return on Investment

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

F D C B A
Approximate Total Payment $222,101
Approximate Total Interest $62,862
Monthly Payment $1542.37
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 monmouth university

Healthcare social workers

Projection Rating: F

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 44.11%-32.82%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Mental health and substance abuse social workers

Projection Rating: F-

Median Annual Wage: $55,960

Percentage of Paycheck to Repay: 49.61%-36.92%

Employment Change: 14.4%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: C-

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 29.02%-21.60%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and at Monmouth University, we understand the importance of evaluating the return on investment (ROI) of your social work degree. Our comprehensive social work program equips students with the practical skills, theoretical knowledge, and hands-on experience necessary to excel in this rewarding field.

Graduates from Monmouth University’s social work program not only gain a respected degree but also open doors to a multitude of career opportunities. The social work field is experiencing robust growth, with a projected job increase of 12% over the next decade, according to the Bureau of Labor Statistics. This means that your degree can lead to stable employment and a fulfilling career dedicated to helping others.

Monmouth University offers a unique blend of rigorous academic coursework and real-world experience through internships and field placements. This hands-on approach ensures that you are well-prepared to enter the workforce upon graduation. Many of our alumni have secured positions in various settings, including healthcare facilities, schools, and community organizations, often reporting higher starting salaries compared to industry averages.

Additionally, our dedicated faculty members are committed to your success, providing personalized mentorship and guidance throughout your academic journey. With small class sizes, students receive individualized attention, fostering a supportive learning environment that enhances your educational experience.

Financially, the investment in a social work degree from Monmouth University is justified by the potential for a strong salary. According to recent statistics, social workers in New Jersey earn a competitive average salary, often exceeding $60,000 annually. As you advance your career, specialized certifications and advanced degrees can significantly increase your earning potential.

Moreover, Monmouth University offers a range of financial aid options, scholarships, and payment plans to help alleviate the cost of your education. We believe that financial considerations should not hinder your ability to pursue your passion for social work.

In conclusion, a social work degree from Monmouth University not only provides you with the essential skills and knowledge to make a difference in your community but also offers a promising return on investment. By choosing Monmouth, you are taking a crucial step toward a fulfilling career that supports both your professional ambitions and your personal values.

Explore the opportunities that await you at Monmouth University and start your journey toward a rewarding future in social work today!

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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