03/31/2026
On this last day of Social Work Month, I just read this article about a report that found advanced degrees in social work, teaching, and psychology (master’s level) generally do not pay off financially, while medicine, law and pharmacy degrees show the highest return.
It did not address what other rewards we may receive.
Years ago my oldest was in high school, and he had learned something similar to the stats in this article. He asked me why I chose a Master’s in Social Work, when I was “smart enough” to have been a medical doctor or pharmacist or some other degree/profession where I could have made more money.
My first response was to show him an article about the best careers for working mothers. The top one was LCSW (what I have), primarily due to its flexibility. I explained how involved I had been able to be with his and his brother’s school and extracurriclar activitues etc.
Then I shared about the importance of the work we as social workers do for people, for families, and for communities. That I loved being a clinical social worker and the changes I help comtribute to.
While money is an important consideration regarding the work we choose to do, it is not the only consideration.
Of course I wish those of us who have pursued careers in social work, counseling, and teaching made more money and were better appreciated.
But as Steve Gross, MSW (a social worker with Life is Good) has said, and what I share with my students, is that we have to decide what being rich really means.
I am not rich in terms of money. I never will be.
However, as a social worker for nearly thirty-seven years, I am rich in impacts made for the hundreds of children and families I have worked with.
As social workers, therapists, and teachers, our careers are best measured, not in financial return, but in that people and communities are improved because of the work we do.
This is where our investment pays off. And we all are better for it.
Happy Social Work Month. 💗
The report found advanced degrees in social work and psychology may have a zero to negative return, while medicine, law and pharmacy degrees show the highest return.