The average MSW leaves their graduate program with more than $30,000 in student debt, and graduates from undergraduate programs are leaving their schools with an average of $29,000 in debt – meaning most starting social workers are attempting to repay upward of $60,000 in debt on the average starting salary of $41,000.
Secondly, can social workers get student loan forgiveness?
These recommendations, submitted by CASW in August 2018, led to the successful inclusion of Recommendation 58 in the Standing Committee on Finance’s December 2018 report to provide forgiveness for the federal portion of student loans for social workers who practice in rural and remote settings.
Consequently, how do I know if my employer qualifies for loan forgiveness?
Regardless of whom you work for, the best way to determine if your employer is eligible for PSLF is to submit an employer certification form. Borrowers who complete the employer certification form will receive a count of the number of qualifying payments they have made towards the required 120.
How long do you have to work for the government to get student loan forgiveness?
What employers qualify for loan forgiveness?
Qualifying PSLF employers include:
- Any local, state, federal or tribal government organization.
- Not-for-profit organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code.
- Certain not-for-profit organizations that aren’t 501(c)(3) with qualifying public service as their primary purpose.
What is the highest paid social worker?
Highest Paid Social Workers
| Job Title | Median Salary | Career Outlook |
|---|---|---|
| Child, Family, and School Social Workers | $48,430 | 14% |
| Healthcare Social Workers | $58,470 | 20% |
| Mental Health and Substance Abuse Social Workers | $49,630 | 19% |
| All Other Social Workers | $60,900 | 8% |