should i take out more student loans for a masters degree in social work?
I graduated with my bachelor of social work degree this month and currently have about $45,000 in federal student loan debt. I’ve been struggling to find entry-level social work positions in my area that accept a bachelor’s-level degree, and I’m feeling uncertain about the next steps. Pursuing a master’s in social work would cost an additional $30,000, bringing my total debt to around $75,000, but even many MSW roles I’ve researched on LinkedIn and Indeed tend to average between $60,000 and $80,000.
In an effort to build experience and earn a higher salary with my bachelor’s degree, I started a recruiting job after graduation. However, I’ve found that the work is not fulfilling for me. I’m struggling with the lack of alignment with my values, especially having to turn down many candidates due to company policies that I don’t agree with, and I don’t feel like I’m helping people in the way I had hoped to in my career.
I’m so scared my investment won’t
be worth it financially