Social Work Degree from Illinois State University Return on Investment

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

F D C B A
Approximate Total Payment $132,425
Approximate Total Interest $37,481
Monthly Payment $919.62
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 illinois state university

Healthcare social workers

Projection Rating: C-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 26.30%-19.57%

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: 29.58%-22.01%

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: 17.31%-12.88%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Social Work degree from Illinois State University (ISU) is not just about gaining knowledge and skills; it’s also an investment in your future. Understanding the return on investment (ROI) of this degree can help you make an informed choice about your education and career path.

Illinois State University offers a comprehensive Social Work program that equips students with the necessary tools to excel in various fields, including mental health, community development, and social justice. Graduates are well-prepared to tackle real-world challenges, making them valuable assets in the workforce.

One of the key factors in determining the ROI of a Social Work degree from ISU is the strong job placement rate among graduates. Many alumni find meaningful employment shortly after graduation, often in well-paying positions. According to recent statistics, over 90% of ISU Social Work graduates secure jobs within six months of completing their degree, demonstrating the program's effectiveness in preparing students for the job market.

Moreover, the earning potential for social workers continues to grow. The Bureau of Labor Statistics reports that the median annual wage for social workers is competitive, with opportunities for advancement in specialized areas such as clinical social work and administration. Graduates from Illinois State University not only enjoy fulfilling careers but also benefit from a strong financial outlook.

In addition to direct financial benefits, the impact of a Social Work degree extends to personal fulfillment and societal contribution. Social workers play a crucial role in improving the lives of individuals and communities, creating a ripple effect of positive change. This sense of purpose is an invaluable aspect of the ROI that cannot be measured solely in monetary terms.

Investing in a Social Work degree from Illinois State University means investing in a brighter future—both for yourself and for the communities you will serve. With a robust education, high job placement rates, and a meaningful career path, the return on your investment can be both substantial and rewarding.

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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