Social Work Degree from University of North Dakota Return on Investment
See what the return on investment is for jobs that someone with a Social Work degree from University of North Dakota is likely to work in.
Top job projections for graduates in social work from university of north dakota
Healthcare social workers
Projection Rating: C+
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 20.34%-15.13%
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: 22.87%-17.02%
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: 13.38%-9.96%
Employment Change: 3.8%
Entry-Level Education: Bachelor's degree
Investing in your education is a critical decision, and when it comes to pursuing a Social Work Degree from the University of North Dakota, the return on investment (ROI) is significant. Graduates from UND are equipped with the skills and knowledge necessary to make a meaningful impact in their communities while achieving financial stability.
One of the primary benefits of obtaining a social work degree from UND is the high demand for professionals in this field. According to the Bureau of Labor Statistics, employment for social workers is projected to grow much faster than the average for all occupations, ensuring that graduates have ample job opportunities upon completion of their degree.
Additionally, UND's social work program is accredited by the Council on Social Work Education (CSWE), which enhances the credibility of your degree and can lead to higher starting salaries. Graduates often find positions in various sectors, including healthcare, education, and government, with many starting salaries ranging from $40,000 to $60,000, depending on the area of specialization.
Moreover, the skills gained through the program—such as critical thinking, empathy, and communication—are not only applicable in social work but are transferable to other fields as well, giving graduates a competitive edge in the job market.
The University of North Dakota also offers various financial aid options, including scholarships and grants, that can significantly reduce the overall cost of your education. This financial support, combined with the potential for a rewarding career, makes the ROI of a social work degree from UND particularly compelling.
In conclusion, a Social Work Degree from the University of North Dakota is not just an academic achievement; it is a strategic investment in your future. With strong job prospects, competitive salaries, and the ability to effect change in society, the ROI on your degree can be both financially and personally fulfilling.
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.