Gerontology Degree from Portland State University Return on Investment

See what the return on investment is for jobs that someone with a Gerontology degree from Portland State University is likely to work in.

F D C B A
Approximate Total Payment $153,697
Approximate Total Interest $43,501
Monthly Payment $1067.34
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 gerontology from portland state university

Social workers, all other

Projection Rating: B

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 13.39%-9.96%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

Healthcare social workers

Projection Rating: C+

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 20.35%-15.14%

Employment Change: 18.7%

Entry-Level Education: Master's degree

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Investing in a Gerontology degree from Portland State University (PSU) is not just a step towards a fulfilling career; it's also a strategic financial decision. As the aging population continues to grow, the demand for professionals with expertise in gerontology is skyrocketing. This degree positions graduates to enter a field that is not only rewarding but also offers a strong return on investment (ROI).

One of the key factors in evaluating the ROI of a Gerontology degree is the potential salary. Graduates can pursue a variety of roles, such as geriatric care managers, aging services coordinators, and policy analysts, with median salaries often exceeding $60,000 annually. With experience, many professionals in this field can earn upwards of $80,000 or more, making the financial commitment to a PSU degree worthwhile.

Additionally, PSU’s comprehensive curriculum ensures that students gain practical skills and knowledge that are highly sought after by employers. The program includes hands-on experiences, internships, and networking opportunities within the community, which can significantly enhance employability and career advancement.

Moreover, the school’s strong connections with local healthcare providers and aging services organizations open doors for students to land jobs upon graduation. This immediate access to the job market can substantially decrease the time it takes to start earning a salary after completing the degree.

Financial aid, scholarships, and flexible learning options at PSU further enhance the ROI. Many students can graduate with little to no debt, allowing them to reap the financial benefits of their degree sooner. By choosing Portland State University for a Gerontology degree, students are not only investing in their education but also securing a promising financial future in a growing field.

In conclusion, a Gerontology degree from Portland State University offers an exceptional return on investment through competitive salaries, strong job prospects, and valuable hands-on experience. For those passionate about making a difference in the lives of older adults while also achieving financial stability, this degree is a wise choice.

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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