Social Work Degree from Southern Illinois University – Edwardsville Return on Investment

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

F D C B A
Approximate Total Payment $112,051
Approximate Total Interest $31,714
Monthly Payment $778.13
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 southern illinois university - edwardsville

Healthcare social workers

Projection Rating: C

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 22.25%-16.56%

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: 25.03%-18.62%

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: 14.64%-10.90%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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When considering a Social Work degree from Southern Illinois University – Edwardsville (SIUE), one critical factor to evaluate is the return on investment (ROI). Investing in your education is a significant decision, and understanding the potential benefits can help you make an informed choice.

SIUE’s Social Work program is designed to equip students with the necessary skills and knowledge to excel in various social work settings. Graduates are prepared for rewarding careers that make a real difference in communities. With a strong emphasis on practical experience, students engage in internships and fieldwork that enhance their learning and professional readiness.

One of the most compelling aspects of obtaining a Social Work degree from SIUE is the impressive job placement rates. Graduates find employment in diverse fields such as mental health, child welfare, and community organization. The university’s strong connections with local agencies and organizations facilitate networking opportunities and job placements, further contributing to a positive ROI.

Moreover, social workers often enjoy competitive salaries. According to the U.S. Bureau of Labor Statistics, the demand for social workers is expected to grow significantly in the coming years, which translates to increased job security and salary potential for graduates. This growth means that your investment in a degree from SIUE can lead to a financially rewarding career.

Additionally, SIUE offers various financial aid options, including scholarships, grants, and work-study programs, which can further enhance your ROI. By minimizing student debt, you can maximize your earnings post-graduation, making your degree even more valuable.

In conclusion, a Social Work degree from Southern Illinois University – Edwardsville presents a strong return on investment. With quality education, high job placement rates, competitive salaries, and financial aid opportunities, SIUE prepares you for a fulfilling career that not only benefits you financially but also allows you to contribute positively to society.

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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