Social Work Degree from Brigham Young University – Idaho Return on Investment

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

F D C B A
Approximate Total Payment $56,174
Approximate Total Interest $15,899
Monthly Payment $390.10
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 brigham young university - idaho

Healthcare social workers

Projection Rating: B+

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 11.16%-8.30%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Mental health and substance abuse social workers

Projection Rating: B

Median Annual Wage: $55,960

Percentage of Paycheck to Repay: 12.55%-9.34%

Employment Change: 14.4%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: A-

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 7.34%-5.46%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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When considering a Social Work degree from Brigham Young University - Idaho, one of the key factors to evaluate is the return on investment (ROI). Investing in your education is a significant decision, and understanding the potential benefits can help you make an informed choice.

The Social Work program at BYU-Idaho is designed to equip students with the skills and knowledge necessary to make a meaningful impact in their communities. With a strong emphasis on practical experience, graduates are well-prepared to enter the workforce in various roles, including social workers, counselors, and community service managers.

In terms of financial ROI, graduates of BYU-Idaho's Social Work program often see competitive starting salaries. According to recent data, social workers in the United States earn an average annual salary of around $50,000, with potential for growth based on experience and specialization. Additionally, BYU-Idaho offers a low tuition rate compared to many other institutions, which means that graduates can enter the workforce with less student debt, enhancing their overall ROI.

Moreover, the demand for social workers continues to rise, driven by increasing awareness of mental health issues and the need for community support services. This trend suggests that graduates from BYU-Idaho will likely have a wealth of job opportunities available to them upon graduation, further increasing the value of their degree.

Beyond financial considerations, the personal and professional fulfillment that comes from a career in social work is immeasurable. Graduating with a degree from BYU-Idaho not only opens doors to a sustainable career but also allows individuals to contribute positively to society, making it a worthwhile investment in every sense.

In conclusion, the Social Work degree from Brigham Young University - Idaho offers a solid return on investment through competitive salaries, low tuition costs, and a strong job market. This degree not only provides financial benefits but also enriches lives and communities, making it a valuable choice for aspiring social workers.

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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