Social Work Degree from SUNY at Binghamton Return on Investment
See what the return on investment is for jobs that someone with a Social Work degree from SUNY at Binghamton is likely to work in.
Top job projections for graduates in social work from suny at binghamton
Healthcare social workers
Projection Rating: C
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 22.72%-16.91%
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: 25.56%-19.02%
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: 14.95%-11.13%
Employment Change: 3.8%
Entry-Level Education: Bachelor's degree
Investing in a social work degree from SUNY at Binghamton is not just a step towards a fulfilling career; it’s also a smart financial decision. With a curriculum designed to equip students with practical skills and theoretical knowledge, graduates are well-prepared for a variety of roles in social services, healthcare, and community organizations.
One of the primary benefits of earning a social work degree from SUNY at Binghamton is the impressive return on investment (ROI). Graduates often find lucrative job opportunities in diverse fields such as mental health, child welfare, and substance abuse counseling. According to recent statistics, the average salary for social workers in New York state can range significantly, with experienced professionals earning upwards of $60,000 annually.
Furthermore, SUNY at Binghamton's strong alumni network and career services provide graduates with valuable connections and resources, enhancing their job placement opportunities. This network not only aids in securing employment but can also lead to higher starting salaries, making the initial investment in education even more worthwhile.
Additionally, the cost of tuition at SUNY Binghamton is competitive compared to private institutions, meaning students can achieve their educational goals without incurring excessive debt. The university also offers various financial aid options, scholarships, and grants, further alleviating the financial burden and increasing the overall ROI.
In conclusion, a social work degree from SUNY at Binghamton not only prepares students for rewarding careers but also offers a favorable return on investment. With strong earning potential, valuable networking opportunities, and manageable tuition costs, this degree is a worthy investment for those looking to make a difference in their communities while securing their financial future.
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.