Gerontology Degree from University of Maryland – Baltimore County Return on Investment

See what the return on investment is for jobs that someone with a Gerontology degree from University of Maryland – Baltimore County is likely to work in.

F D C B A
Approximate Total Payment $165,974
Approximate Total Interest $46,976
Monthly Payment $1152.60
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 university of maryland - baltimore county

Social workers, all other

Projection Rating: B

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 14.46%-10.76%

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: 21.98%-16.35%

Employment Change: 18.7%

Entry-Level Education: Master's degree

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The pursuit of a Gerontology degree from the University of Maryland - Baltimore County (UMBC) offers an exceptional return on investment for students passionate about aging populations and their care. As our society continues to experience demographic shifts, the demand for qualified gerontologists is on the rise, making this degree not only timely but also financially rewarding.

UMBC’s Gerontology program equips students with the necessary skills and knowledge to tackle the challenges faced by older adults. With a curriculum that blends theory and practical experience, graduates are prepared for a variety of careers in healthcare, social services, and policy-making. This comprehensive education ensures that students are well-prepared to meet the needs of an aging population, making them valuable assets to employers.

Financially, investing in a Gerontology degree at UMBC has significant benefits. Graduates often find themselves in high-demand roles that offer competitive salaries. According to industry reports, positions in gerontology, such as geriatric care managers and elder law attorneys, can command salaries that exceed the national average. Furthermore, the growing emphasis on aging services promises increased job security and opportunities for advancement in this field.

Additionally, UMBC provides resources for career development, including internships, job placement assistance, and networking opportunities with professionals in the field. These services further enhance the value of a degree from UMBC, ensuring that graduates are not only educated but also connected to the job market.

In summary, a Gerontology degree from the University of Maryland - Baltimore County is a smart investment for anyone looking to make a meaningful impact in the lives of older adults while also securing a lucrative and stable career. By choosing UMBC, students align themselves with a leading institution that prioritizes student success and community engagement in the vital field of gerontology.

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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