Social Work Degree from Ball State University Return on Investment

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

F D C B A
Approximate Total Payment $109,974
Approximate Total Interest $31,126
Monthly Payment $763.71
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 ball state university

Healthcare social workers

Projection Rating: C+

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 21.84%-16.25%

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: 24.57%-18.28%

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: 14.37%-10.69%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial decision, especially when considering a degree in social work. A Social Work Degree from Ball State University not only equips you with the necessary skills to make a difference in people's lives but also offers a compelling return on investment (ROI).

Ball State University’s social work program is designed to provide students with a comprehensive understanding of social justice, human behavior, and community engagement. Graduates are well-prepared to enter the workforce, with many finding fulfilling positions in various sectors, including healthcare, education, and government services. This diverse range of career opportunities enhances the ROI of your degree.

In terms of financial outcomes, social work graduates from Ball State often report competitive salaries compared to their peers from other institutions. The demand for qualified social workers is on the rise, driven by an increasing need for mental health services, child welfare programs, and community support initiatives. By earning your degree from Ball State, you position yourself in a growing field with promising job stability and advancement opportunities.

Furthermore, Ball State offers resources such as career counseling, internships, and networking events that further boost your employability and potential earnings. Alumni from the program frequently highlight how their education has translated into successful careers, showcasing the tangible benefits of their investment in this degree.

In summary, a Social Work Degree from Ball State University is not just an educational achievement; it’s a strategic investment in your future. With a solid job market, competitive salaries, and robust support systems in place, students can confidently pursue their passion for social work while enjoying a favorable return on their 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.

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