Social Work Degree from University of Maine at Presque Isle Return on Investment

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

F D C B A
Approximate Total Payment $82,893
Approximate Total Interest $23,461
Monthly Payment $575.64
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 of maine at presque isle

Healthcare social workers

Projection Rating: B-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 16.46%-12.25%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Mental health and substance abuse social workers

Projection Rating: B-

Median Annual Wage: $55,960

Percentage of Paycheck to Repay: 18.52%-13.78%

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: 10.83%-8.06%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Social Work Degree from the University of Maine at Presque Isle (UMPI) is not just an academic choice; it's an investment in your future. Understanding the return on investment (ROI) of your degree is crucial when considering your educational options. Here’s why a Social Work Degree from UMPI stands out.

Career Opportunities and Job Security
With a growing demand for social workers across the nation, graduates from UMPI can expect robust job prospects. According to the U.S. Bureau of Labor Statistics, employment for social workers is projected to grow much faster than the average for all occupations. This demand translates into job security and numerous career pathways, from clinical social work to community outreach.

Competitive Salaries
Earning potential is a key component of ROI. Graduates with a Social Work Degree from UMPI can expect competitive salaries, particularly for those who specialize in areas such as healthcare, mental health, and child welfare. With experience and advanced degrees, many social workers see their earnings increase significantly over time, making the initial investment in education worthwhile.

Affordable Education
UMPI offers a cost-effective education without compromising quality. With lower tuition rates compared to many other institutions, students can graduate with less debt, maximizing their ROI. Financial aid options and scholarships further enhance affordability, making a degree from UMPI an attractive choice for aspiring social workers.

Real-World Experience
UMPI’s Social Work program emphasizes hands-on learning through internships and field placements. This practical experience not only enriches your education but also makes you more marketable to employers upon graduation. The skills and connections gained during these experiences can lead to job offers and career advancement more quickly than those who lack practical exposure.

Community Impact and Personal Fulfillment
Beyond financial considerations, a Social Work Degree from UMPI allows you to make a meaningful impact in your community. The fulfillment that comes from helping others and advocating for social justice can be immensely rewarding. This personal satisfaction is an important aspect of the overall value of your degree.

Alumni Success Stories
Many UMPI graduates have gone on to achieve great success in their fields, demonstrating the effectiveness of the program. Their stories are a testament to the quality of education provided and the strong network of support available to current students. Engaging with this alumni community can open doors and provide valuable insights into career development.

In conclusion, the Social Work Degree from the University of Maine at Presque Isle offers a compelling return on investment through its affordable education, strong job market, competitive salaries, and the ability to make a difference in people's lives. If you are looking for a program that prepares you for a rewarding career while also being mindful of your financial future, UMPI is the right choice.

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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