Social Work Degree from Concord University Return on Investment

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

F D C B A
Approximate Total Payment $69,902
Approximate Total Interest $19,785
Monthly Payment $485.43
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 concord university

Healthcare social workers

Projection Rating: B

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 13.88%-10.33%

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: 15.61%-11.62%

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: 9.13%-6.80%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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If you’re considering pursuing a Social Work Degree from Concord University, understanding the return on investment (ROI) is crucial for making an informed decision about your future. Concord University offers a comprehensive social work program that not only equips you with essential skills but also provides numerous benefits that can enhance your career trajectory.

1. Strong Career Prospects: Graduates with a social work degree from Concord University are well-prepared to enter a field that is consistently in demand. The U.S. Bureau of Labor Statistics projects a growth rate of 12% for social workers from 2020 to 2030, which is faster than the average for all occupations. This means that your investment in education is likely to pay off as job opportunities expand.

2. Competitive Salaries: While the salary for social workers can vary depending on location, specialization, and experience, many Concord University graduates report starting salaries that are competitive within the field. According to the latest data, the median annual wage for social workers was around $51,760 in 2021, with opportunities for higher earnings as you gain experience and pursue advanced roles.

3. Networking Opportunities: Concord University’s social work program emphasizes community engagement and offers numerous opportunities for internships and field placements. These experiences not only enhance your education but also allow you to build a professional network that can be invaluable when seeking employment after graduation.

4. Personal Fulfillment: Beyond financial considerations, a social work degree provides the opportunity to make a meaningful impact in people’s lives. Many graduates find that the personal satisfaction derived from helping others far outweighs the monetary aspects of their career, creating a rewarding professional journey.

5. Comprehensive Support Services: Concord University is dedicated to the success of its students, offering a range of support services, including academic advising, career counseling, and financial aid assistance. These resources can significantly enhance your educational experience and help you maximize your return on investment.

In conclusion, obtaining a Social Work Degree from Concord University can yield a substantial return on investment through strong job prospects, competitive salaries, and the personal fulfillment that comes from a career dedicated to helping others. With the right education and support, you can embark on a rewarding career that not only pays dividends financially but also enriches your life and the lives of those you serve.

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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