Social Work Degree from Philander Smith College Return on Investment

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

F D C B A
Approximate Total Payment $126,384
Approximate Total Interest $35,771
Monthly Payment $877.66
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 philander smith college

Healthcare social workers

Projection Rating: C-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 25.10%-18.68%

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: 28.23%-21.01%

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: 16.52%-12.29%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Obtaining a Social Work degree from Philander Smith College is not just an academic achievement; it is an investment in your future. With a rich history of producing skilled professionals, Philander Smith College prepares students for a fulfilling career in social work that offers both personal satisfaction and financial stability.

One of the most significant aspects of evaluating the return on investment (ROI) of your degree is understanding the potential salary you can earn upon graduation. Social workers are in high demand across various sectors, including healthcare, education, and community services. Graduates of Philander Smith College often secure positions in reputable organizations, leading to competitive salaries that reflect their expertise and dedication.

Moreover, the college’s strong alumni network provides valuable connections in the workforce, enhancing job placement opportunities. With experienced faculty members offering personalized guidance, students develop essential skills that set them apart in the job market. The comprehensive curriculum not only focuses on theoretical knowledge but also emphasizes practical experience through internships and community projects, further boosting employability.

In addition to financial gains, pursuing a Social Work degree from Philander Smith College allows you to make a meaningful impact in your community. Social workers play a crucial role in advocating for vulnerable populations, addressing social injustices, and promoting mental wellness. This intrinsic reward complements the financial benefits, making your investment in education truly worthwhile.

When considering the ROI of your Social Work degree, it’s important to factor in job stability and growth potential. The Bureau of Labor Statistics projects a steady increase in demand for social workers over the next decade, ensuring that your degree will continue to hold value in the job market. By choosing Philander Smith College, you are not only gaining a quality education but also positioning yourself for a successful and rewarding career.

In conclusion, the Social Work degree from Philander Smith College offers a significant return on investment through competitive salaries, strong job placement rates, and the opportunity to make a positive difference in society. If you're ready to invest in your future, Philander Smith College is the ideal choice for aspiring social workers.

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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