Then clarify what you are saying about what a person with a graduate degree should be getting paid relative to the median which is about 53k right now and was 55k a couple of years ago according to this
http://money.cnn.com/2014/08/20/news/economy/median-income/
*That is household income not individual but I also contend that the necessity for two-earner households is a social problem.
I'm not sure why you used that article to support your point? The point of the article is that the median income is lower than it was, but it is now on the rise. It was 55k in 2009, 51K in 2011, and up to 53K now. And that's for household income like you said. So in theory, the median for a MSW degree is similar to the median for household income. Most households are dual (or more) income. I am not going to look up additional data to prove your point
🙂 But it would be interesting to know if that ratio has changed. According to the 2003 census data, all individuals with a master's degree (not just counseling and social work, but ALL of those who hold a masters), the median income was 53K. the 2003 data was just the first I found, too lazy to go find the more current data.
(this is not directed at anyone in particular, don't want smalltown to think it is aimed at him) The anecdotal data in this thread is shameful from a bunch of supposedly well educated individuals haha. "My family member's experience is this and according to their word of mouth story you won't make any money with your MSW." Really? I see many posts on the PhD side about "the plural of anecdote is not data." But that's exactly what many of you who posted on this thread just did. If your sister/brother/uncle/babysitter is unhappy with his/her income/license your story is interesting, but it's not data. I usually like this board because most posters deal with data, not stories.
Because honestly, I don't know if your sister/brother/uncle/babysitter was a crappy student. or took out 100K in loans for their private school undergrad and masters, and is now claiming poverty because their student loan payments are keeping them from buying a house. Or maybe s/he said, "I just want to help children" and went straight to work for Child Protective Services making 29K a year? Of course they will be making more doing freelance/retail whatever now. You know, but since we're telling personal stories: My practicum was at a cancer center and the STARTING pay was 50k a year. That was for unlicensed individuals. It was outpatient and it was a state job so they had incredible benefits and 20 PTO days a year to start. Low stress, low patient load, etc. There are social workers who work in the outpatient clinics associated with the campus hospital who make about 45K (because their system pays a little less). They had much higher case-loads but the requirements were still only MSW and did not require a clinical license.
I agree with the idea that it is all relative. In my extremely low cost of living state 55K is a decent living. It's not "I can't afford to fix a broken window" pay. It is also most likely not "send my kid to private school comfortably pay." The fact that the median pay in my STATE is 53K for all social workers says a lot. It is typically higher in higher cost of living states. Erg said that 70K is top 10% for that field. Did he mean nationally? Because that honestly will skew the data for the OP. The op should look at the $$ for his/her own state to find the correct numbers. In addition, different licenses are heavily favored state by state. So in my state MSWs have a higher median income, while in another state they have a lower median income.
Also, no offense to those who are med students, but in my experience med students don't know as much as they think they do about terminal masters degree. Especially an MSW degree. I've had to do a lot of education with med students on what social work actually does and where we can work. So reader when reviewing this thread for useful data, please make sure you note the bias (mine included) of the poster.