Social Work Degree from The University of Montana Return on Investment

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

F D C B A
Approximate Total Payment $91,072
Approximate Total Interest $25,777
Monthly Payment $632.45
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 the university of montana

Healthcare social workers

Projection Rating: B-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 18.09%-13.46%

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: 20.34%-15.14%

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: 11.90%-8.86%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Social Work degree is a significant one, and understanding the potential return on investment (ROI) is crucial for prospective students. The University of Montana offers a comprehensive Social Work program that not only equips students with the necessary skills and knowledge but also presents a favorable ROI upon graduation.

One of the key factors to consider when evaluating the ROI of a Social Work degree from The University of Montana is the demand for social workers in the job market. With a growing emphasis on mental health, community support, and social justice, the need for qualified professionals is at an all-time high. Graduates from The University of Montana are well-prepared to meet this demand, thanks to a robust curriculum and hands-on field experience.

Additionally, the average salary for social workers varies depending on specialization and location, but many graduates find themselves earning competitive salaries shortly after entering the workforce. According to the Bureau of Labor Statistics, social workers can expect a median annual wage that reflects their crucial role in society. This financial return, combined with the personal fulfillment that comes from helping others, makes the investment in a Social Work degree particularly worthwhile.

The University of Montana also offers various financial aid options, scholarships, and work-study programs that can significantly reduce the cost of education, enhancing the overall ROI. By taking advantage of these opportunities, students can minimize their debt while maximizing their future earning potential.

Moreover, the alumni network and career services at The University of Montana provide invaluable support for graduates seeking employment. With strong connections in the field, students benefit from job placement assistance, internships, and mentorship opportunities that can lead to successful careers in social work.

In conclusion, a Social Work degree from The University of Montana not only prepares students for a rewarding career but also offers an impressive return on investment. By combining quality education, strong job market prospects, and supportive resources, The University of Montana ensures that graduates are well-equipped to make a meaningful impact in their communities while enjoying a solid 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.

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