Social Work Degree from University of Southern Maine Return on Investment
See what the return on investment is for jobs that someone with a Social Work degree from University of Southern Maine is likely to work in.
Top job projections for graduates in social work from university of southern maine
Healthcare social workers
Projection Rating: C
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 22.12%-16.46%
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: 24.88%-18.51%
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: 14.55%-10.83%
Employment Change: 3.8%
Entry-Level Education: Bachelor's degree
Investing in your education is a crucial decision, and when it comes to pursuing a Social Work Degree from the University of Southern Maine, the return on investment (ROI) can be significant. This degree not only equips you with the skills and knowledge necessary to make a difference in people's lives but also offers a pathway to a rewarding and stable career.
The University of Southern Maine (USM) is known for its comprehensive social work program, which prepares students for various roles in community service, healthcare, and mental health. Graduates often find themselves in high demand, thanks to the increasing focus on social services and mental health support across the country.
According to recent statistics, social workers can expect a competitive salary that grows with experience. The average annual salary for social workers in Maine is around $50,000, with the potential for higher earnings in specialized fields or leadership roles. This means that, on average, graduates can recoup their investment in education within just a few years of entering the workforce.
Additionally, USM offers strong career support services, including internships, networking opportunities, and job placement assistance. These resources not only enhance your learning experience but also increase your employability post-graduation, ensuring that you make the most of your investment.
Moreover, many social work graduates from USM go on to pursue advanced degrees, which can further boost their earning potential and career advancement. With a master’s degree in social work (MSW), professionals can expect to earn significantly higher salaries, often exceeding $70,000 annually.
In conclusion, a Social Work Degree from the University of Southern Maine is not just an academic credential; it is a stepping stone to a fulfilling career that offers both personal satisfaction and financial stability. By choosing USM, you are investing in a future where you can make a lasting impact while enjoying a strong return on your educational investment.
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.