Social Work Degree from Minnesota State University Moorhead Return on Investment

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

F D C B A
Approximate Total Payment $94,204
Approximate Total Interest $26,663
Monthly Payment $654.19
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 minnesota state university moorhead

Healthcare social workers

Projection Rating: B-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 18.71%-13.92%

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: 21.04%-15.66%

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: 12.31%-9.16%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your future is crucial, and obtaining a Social Work Degree from Minnesota State University Moorhead (MSUM) offers a compelling return on investment. As a well-respected institution, MSUM provides students with a robust curriculum designed to equip them with the essential skills and knowledge needed to thrive in the field of social work.

One of the key benefits of pursuing a Social Work Degree at MSUM is the university's strong emphasis on practical experience. Through hands-on internships and community engagement opportunities, students gain real-world experience that enhances their employability and prepares them for a successful career. Graduates often find themselves in high demand, as the need for qualified social workers continues to grow across various sectors.

Moreover, the financial aspect of this degree is particularly appealing. Graduates from MSUM report competitive salaries and job stability in a field that is not only rewarding but also essential to community health and well-being. According to recent data, social workers in Minnesota earn an average starting salary that surpasses the national average, showcasing the value of an MSUM education.

Additionally, MSUM offers various financial aid options, including scholarships and grants, which can further increase the return on investment for students. With a focus on affordability and practical outcomes, MSUM ensures that students graduate with manageable debt and a clear pathway to career success.

In summary, a Social Work Degree from Minnesota State University Moorhead not only provides a strong educational foundation but also offers a significant return on investment. By combining quality education, practical experience, and financial support, MSUM prepares its graduates to make a meaningful impact in the lives of individuals and communities, all while securing their professional futures.

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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