Social Work Degree from University at Buffalo Return on Investment

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

F D C B A
Approximate Total Payment $110,927
Approximate Total Interest $31,396
Monthly Payment $770.32
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 university at buffalo

Healthcare social workers

Projection Rating: C

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 22.03%-16.39%

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: 24.78%-18.44%

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: 14.50%-10.79%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and when considering a Social Work Degree from the University at Buffalo, understanding the return on investment (ROI) is crucial. A degree in social work not only opens doors to a fulfilling career dedicated to helping others but also offers a compelling financial return over time.

The University at Buffalo’s social work program equips students with the skills and knowledge necessary to thrive in various settings, from healthcare to community organizations. Graduates are prepared to address complex social issues and advocate for change, making them valuable assets in the workforce.

One of the primary benefits of obtaining a social work degree from a reputable institution like the University at Buffalo is the potential for a strong salary. According to recent data, social workers can expect to earn competitive salaries, particularly in specialized fields such as clinical social work or school social work. Many graduates find employment in high-demand areas, which can lead to job stability and growth opportunities.

In addition to salary prospects, the social work profession often provides comprehensive benefits, including health insurance, retirement plans, and opportunities for continuing education. These factors contribute to the overall financial picture and enhance the ROI of your degree.

The University at Buffalo also has a strong alumni network, which can provide valuable connections and job placement assistance. Networking opportunities and mentorship from experienced professionals in the field can further enhance your career trajectory, making your investment in education even more worthwhile.

Moreover, pursuing a social work degree is not just about financial ROI; it also encompasses personal fulfillment and the impact you can have on individuals and communities. The skills you gain will empower you to make a difference in the lives of others, contributing to your sense of purpose and job satisfaction.

In summary, the Social Work Degree from the University at Buffalo offers a promising return on investment through competitive salaries, job stability, comprehensive benefits, and a fulfilling career path. By choosing this degree, you are investing in your future and the well-being of society as a whole.

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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