Music Degree from Oberlin College Return on Investment
See what the return on investment is for jobs that someone with a Music degree from Oberlin College is likely to work in.
Top job projections for graduates in music from oberlin college
Music directors and composers
Projection Rating: F+
Median Annual Wage: $62,590
Percentage of Paycheck to Repay: 41.66%-31.00%
Employment Change: 1.4%
Entry-Level Education: Bachelor's degree
Musicians and singers
Projection Rating: F
Median Annual Wage: $58,900
Percentage of Paycheck to Repay: 44.27%-32.94%
Employment Change: 2.1%
Entry-Level Education: No formal educational credential
When considering a music degree from Oberlin College, potential students often weigh the financial implications against the benefits of a quality education. Oberlin College, renowned for its prestigious Conservatory of Music, offers an exceptional program that not only hones musical talent but also prepares graduates for a variety of career paths in the music industry and beyond.
One of the key factors in evaluating the return on investment (ROI) of a music degree is the potential earning power of alumni. Graduates from Oberlin's music program have gone on to excel in diverse fields, including performance, education, music production, and arts management. According to alumni surveys, many report a competitive starting salary that reflects the value of their rigorous training and the college's strong reputation.
In addition to financial considerations, the ROI of an Oberlin music degree extends to the rich network of connections students build during their time at the college. With access to renowned faculty, guest artists, and a vibrant community of musicians, students are positioned to gain invaluable experience and opportunities that can significantly enhance their careers.
Moreover, Oberlin’s commitment to fostering creativity and critical thinking equips graduates with skills that are transferable to numerous industries. Whether pursuing a career in performing arts, education, or business, the comprehensive education provided by Oberlin College ensures that students are well-prepared for the challenges of the workforce.
Ultimately, the return on investment of a music degree from Oberlin College transcends mere financial metrics. It encompasses personal growth, artistic development, and a lifetime of connections and opportunities. For those passionate about music, an education from Oberlin represents a worthwhile investment in their future.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.