Social Work Degree from Gateway Community and Technical College Return on Investment
See what the return on investment is for jobs that someone with a Social Work degree from Gateway Community and Technical College is likely to work in.
Top job projections for graduates in social work from gateway community and technical college
Healthcare social workers
Projection Rating: B+
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 10.51%-7.82%
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: 11.82%-8.80%
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: 6.92%-5.15%
Employment Change: 3.8%
Entry-Level Education: Bachelor's degree
Investing in your education is a significant decision, and pursuing a Social Work Degree from Gateway Community and Technical College is no exception. This degree not only equips you with the essential skills and knowledge to make a difference in the lives of individuals and communities, but it also offers a substantial return on investment (ROI) that can lead to a fulfilling and financially rewarding career.
When considering the ROI of a Social Work Degree, it's important to evaluate both the potential earnings and the impact of your work. Graduates from Gateway Community and Technical College often find positions in various settings, including schools, hospitals, and non-profit organizations. With a growing demand for social workers, particularly in underserved areas, the job market remains robust.
According to recent data, social workers with a bachelor's degree can expect to earn an average salary that significantly outweighs the cost of tuition and related expenses. In Kentucky, for instance, the average salary for a social worker can range from $35,000 to $60,000 annually, depending on experience and specialization. This means that the investment in your education can be recouped within just a few years of employment.
Additionally, a Social Work Degree from Gateway Community and Technical College opens doors to advanced degrees and certifications, further enhancing your earning potential. Many graduates choose to pursue a Master of Social Work (MSW), which can lead to higher-level positions and increased salaries. With an MSW, you can expect to earn upwards of $60,000 to $80,000 per year, particularly in clinical and supervisory roles.
The value of a Social Work Degree extends beyond financial considerations. Graduates often report high levels of job satisfaction, knowing they are making a positive impact on society. The skills learned in this program—such as communication, problem-solving, and empathy—are invaluable, not just in the workplace but in all aspects of life.
In summary, the Social Work Degree from Gateway Community and Technical College represents a solid investment in your future. With competitive salaries, a strong job market, and the opportunity to effect real change, this degree not only pays off financially but also enriches your life and the lives of those you serve. Explore the possibilities today and take the first step towards a rewarding career in social work.
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.