Music Theory and Composition Degree from Illinois Wesleyan University Return on Investment

See what the return on investment is for jobs that someone with a Music Theory and Composition degree from Illinois Wesleyan University is likely to work in.

F D C B A
Approximate Total Payment $761,358
Approximate Total Interest $215,490
Monthly Payment $5287.21
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in music theory and composition from illinois wesleyan university

Music directors and composers

Projection Rating: D

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 33.79%-25.14%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Postsecondary teachers, all other

Projection Rating: F-

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 79.44%-59.11%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Music Theory and Composition degree from Illinois Wesleyan University is essential for prospective students. This esteemed program not only provides students with a comprehensive understanding of music theory and composition but also equips them with practical skills that are highly valued in various industries.

The ROI of a degree in Music Theory and Composition goes beyond just financial metrics. Graduates from Illinois Wesleyan University benefit from a robust curriculum that includes hands-on experience, exposure to industry professionals, and opportunities for networking. This unique blend of theoretical knowledge and practical application prepares students for careers in music education, performance, music production, and other creative fields.

Moreover, Illinois Wesleyan’s strong emphasis on artistic development and personalized instruction fosters an environment where students can thrive creatively. This nurturing atmosphere enhances their portfolio and improves employability post-graduation. Employers often seek candidates who can demonstrate both technical proficiency and creative problem-solving skills—qualities that are cultivated throughout the program.

When evaluating the financial aspect, consider the potential earnings of graduates. Many alumni go on to secure positions within music schools, orchestras, and production companies, often earning competitive salaries. Additionally, the university’s strong alumni network provides ongoing support and mentorship, which can lead to job opportunities that further enhance ROI.

In summary, the Music Theory and Composition degree from Illinois Wesleyan University offers a substantial return on investment through its rigorous academic curriculum, experiential learning opportunities, and a supportive community. By choosing this program, students not only invest in their education but also pave the way for a successful and fulfilling career in the music industry.

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.

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