Gerontology Degree from University of Massachusetts – Boston Return on Investment

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

F D C B A
Approximate Total Payment $146,412
Approximate Total Interest $41,440
Monthly Payment $1016.75
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 massachusetts - boston

Social workers, all other

Projection Rating: B

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 12.76%-9.49%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

Healthcare social workers

Projection Rating: B-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 19.39%-14.42%

Employment Change: 18.7%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, especially when considering a degree in gerontology from the University of Massachusetts - Boston. This program not only prepares you for a rewarding career in an ever-growing field but also offers a strong return on investment (ROI) that can lead to financial stability and personal fulfillment.

The aging population in the U.S. is rapidly increasing, creating a high demand for professionals trained in gerontology. By earning your degree from UMass Boston, you position yourself at the forefront of this vital sector. Graduates often find employment in various settings, including healthcare facilities, senior living communities, and government agencies, all of which offer competitive salaries and robust benefits.

According to recent data, professionals with a gerontology degree can expect to earn a higher-than-average salary, with many entry-level positions starting at over $50,000 annually. As you gain experience and advance in your career, it’s not uncommon for salaries to exceed $80,000 or more, especially in management or specialized roles.

Moreover, UMass Boston’s program emphasizes practical experience and community engagement, ensuring that you graduate with not just theoretical knowledge but also real-world skills. This hands-on approach enhances your employability and sets you apart in a competitive job market.

In addition to salary potential, a degree in gerontology provides the opportunity to make a meaningful impact on society. By understanding the complexities of aging, you contribute to improving the quality of life for older adults, making your work both rewarding and essential.

In conclusion, pursuing a gerontology degree from the University of Massachusetts - Boston is not just an investment in your career; it's an investment in your future. With high earning potential, practical experience, and the chance to make a difference, this degree offers a compelling return on investment that will pay dividends for years to come.

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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