ROI Major

Social Work at Concordia University

IL · Bachelor's Degree · CIP 44.07

Apply Now Data: 2026 release

Executive Summary

Graduates with a Social Work degree from Concordia University earn a median salary of $43,384 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $47,259. The degree typically pays for itself in 22.4 years.

Quick Insights

Slow Burn / High Debt Risk

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$33,162

Typical Career

$43,384

Top Performers

$53,279

Estimated break-even: 22.4 years.

Debt-to-Income Check

$289

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,615. Most students can comfortably afford about a $289 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.1x more than the average US high school graduate and 0.6x more than the average college graduate.

Purchasing Power Context

A dollar in Illinois buys what costs $0.92 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Educational Services, Health Care & Social Assistance, Retail Trade.

Where Bachelor's Graduates from This School Work

Educational Services 23.3%
Health Care & Social Assistance 19.3%
Retail Trade 7.4%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$47,259

Nominal: $43,384 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

22.4 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $23,588 $32,832 $41,902
5 Years After Graduation $33,162 $43,384 $53,279
10 Years After Graduation $31,171 $48,487 $68,838

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $43,384 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $43,384 × (1.0 ÷ 0.9180) = $47,259 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates in Social Work from Concordia University can expect a gradual increase in earnings over time. The median salary one year after graduation is $32,832, which rises to $43,384 after five years and reaches $48,487 after ten years. When adjusted for purchasing power, the five-year salary aligns closely with the national equivalent at approximately $47,259.26, indicating that while initial earnings may be modest, there is potential for growth in real terms as graduates gain experience.

The top industries for Social Work graduates include Educational Services (23.3%), Health Care & Social Assistance (19.3%), and Retail Trade (7.4%). The estimated break-even point compared to a high-school-only path is approximately 22.4 years, suggesting that while the return on investment may take time to realize, the career offers stability and opportunities in essential sectors. Overall, pursuing a degree in Social Work at Concordia University can lead to meaningful employment, albeit with a longer timeline for financial payoff.

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.