Social Work Degree from University of Mary Return on Investment

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

F D C B A
Approximate Total Payment $119,989
Approximate Total Interest $33,961
Monthly Payment $833.26
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 mary

Healthcare social workers

Projection Rating: C

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 23.83%-17.73%

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: 26.80%-19.94%

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: 15.68%-11.67%

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 Mary is not just an academic choice; it's an investment in a fulfilling career dedicated to making a difference in the lives of individuals and communities. Understanding the return on investment (ROI) of this degree is crucial for prospective students evaluating their educational options.

One of the primary benefits of obtaining a Social Work degree from the University of Mary is the strong demand for social workers across various sectors. According to the Bureau of Labor Statistics, employment for social workers is projected to grow significantly over the next decade, reflecting an increasing need for mental health services, child welfare support, and community resources. Graduates of the University of Mary are well-prepared to meet this demand, equipped with the skills and knowledge required to excel in their field.

Furthermore, the University of Mary offers a comprehensive curriculum that emphasizes hands-on learning, ethical practice, and social justice. This practical approach ensures that students not only gain theoretical knowledge but also develop critical skills that enhance their employability. Graduates often find positions in government agencies, non-profit organizations, and healthcare settings, leading to stable and rewarding career paths.

The ROI of a Social Work degree extends beyond immediate job placement and salary. Graduates report high levels of job satisfaction, driven by the meaningful nature of their work. Social workers play a vital role in advocating for vulnerable populations and facilitating positive change, making their careers not only financially rewarding but also personally fulfilling.

In terms of financial investment, the University of Mary provides competitive tuition rates and various financial aid options, making education accessible. When comparing potential salaries to the cost of education, many graduates find that they can recoup their investment relatively quickly. Social workers earn competitive salaries, with opportunities for advancement that can lead to higher earning potential over time.

Finally, the University of Mary boasts a strong alumni network and career support services, which can be instrumental in helping graduates secure employment in their desired fields. By choosing to earn a Social Work degree from the University of Mary, students are not only investing in their education but also in a network that can provide support throughout their careers.

In conclusion, the return on investment for a Social Work degree from the University of Mary is significant, encompassing job security, satisfaction, and a chance to contribute positively to society. For those passionate about making a difference, this degree offers a pathway to a meaningful and impactful career.

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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