Social Work Degree from Grand Canyon University Return on Investment

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

F D C B A
Approximate Total Payment $156,057
Approximate Total Interest $44,169
Monthly Payment $1083.73
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 grand canyon university

Healthcare social workers

Projection Rating: D+

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 30.99%-23.06%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Mental health and substance abuse social workers

Projection Rating: D

Median Annual Wage: $55,960

Percentage of Paycheck to Repay: 34.86%-25.94%

Employment Change: 14.4%

Entry-Level Education: Master's degree

Social workers, all other

Projection Rating: C+

Median Annual Wage: $63,770

Percentage of Paycheck to Repay: 20.39%-15.17%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Social Work degree from Grand Canyon University (GCU) is crucial for prospective students. With the growing demand for social workers in various sectors, earning a degree from a reputable institution like GCU can lead to substantial career opportunities and financial rewards.

GCU’s Social Work program is designed to equip students with the skills and knowledge necessary to excel in the field. Graduates are prepared to tackle social issues, advocate for vulnerable populations, and make a meaningful impact in their communities. This degree not only provides a comprehensive education but also offers hands-on experience through internships and fieldwork, enhancing employability in a competitive job market.

In terms of financial investment, the tuition fees for a Social Work degree at GCU are competitive compared to other universities. Moreover, GCU offers various financial aid options, scholarships, and grants that can help alleviate the cost of education. Many graduates find that their earning potential significantly increases after obtaining their degree, with starting salaries for social workers often exceeding $45,000 annually, depending on the location and sector.

Moreover, as social work positions continue to grow—projected to expand by 12% from 2020 to 2030 according to the Bureau of Labor Statistics—the ROI for a GCU Social Work degree becomes even more favorable. Graduates often find fulfilling careers in schools, healthcare facilities, nonprofit organizations, and government agencies, allowing them to make a difference while enjoying job stability and growth.

In conclusion, a Social Work degree from Grand Canyon University not only offers a pathway to a rewarding career but also presents a strong return on investment. With the right blend of education, practical experience, and support, students can achieve their professional goals while contributing positively to society. Consider your future—choose GCU for your Social Work degree and invest in a prosperous career that makes a difference.

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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