Art, Art Studies Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Art, Art Studies degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
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 art, art studies from university of memphis

Fine artists, including painters, sculptors, and illustrators

Projection Rating: B-

Median Annual Wage: $59,300

Percentage of Paycheck to Repay: 15.23%-11.33%

Employment Change: 1.1%

Entry-Level Education: Bachelor's degree

Craft artists

Projection Rating: C

Median Annual Wage: $36,600

Percentage of Paycheck to Repay: 24.68%-18.36%

Employment Change: 0.3%

Entry-Level Education: No formal educational credential

Graphic designers

Projection Rating: B-

Median Annual Wage: $58,910

Percentage of Paycheck to Repay: 15.33%-11.41%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

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Investing in an Art Studies degree from the University of Memphis is not just about pursuing your passion for creativity; it’s also a smart financial decision. This program offers a compelling return on investment (ROI) that combines quality education with future career opportunities.

The University of Memphis provides a comprehensive curriculum that immerses students in various artistic disciplines, including visual arts, design, and art history. With access to experienced faculty and state-of-the-art facilities, graduates are well-equipped to excel in competitive job markets.

Furthermore, the skills acquired through an Art Studies degree extend beyond creativity. Students learn critical thinking, problem-solving, and effective communication—skills highly valued by employers across various industries. This versatility enables graduates to pursue careers not only in traditional art fields but also in education, marketing, and digital media.

Analyzing the financial aspects, graduates from the University of Memphis often report competitive starting salaries, especially when compared to other fields of study. The demand for skilled professionals in the arts continues to grow, ensuring that your investment in education pays off over time.

Additionally, the University of Memphis offers various scholarships and financial aid options, making it more accessible for aspiring artists to embark on their educational journey without incurring overwhelming debt. By choosing the Art Studies program, you are setting yourself up for both personal fulfillment and financial success.

In summary, an Art Studies degree from the University of Memphis is a worthwhile investment. With a focus on practical skills, strong career forecasts, and financial support options, students can confidently pursue their artistic passions while reaping the rewards of a solid return on investment.

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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