Drama and Dramatics, Theatre Arts Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Drama and Dramatics, Theatre Arts 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 drama and dramatics, theatre arts from university of memphis

Producers and directors

Projection Rating: B+

Median Annual Wage: $82,510

Percentage of Paycheck to Repay: 10.95%-8.15%

Employment Change: 13.5%

Entry-Level Education: Bachelor's degree

Actors

Projection Rating: C-

Median Annual Wage: $35,000

Percentage of Paycheck to Repay: 25.81%-19.20%

Employment Change: 2.5%

Entry-Level Education: Some college, no degree

Set and exhibit designers

Projection Rating: B-

Median Annual Wage: $59,490

Percentage of Paycheck to Repay: 15.18%-11.30%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial step towards a successful career, and pursuing a Drama and Dramatics, Theatre Arts degree from the University of Memphis offers a remarkable return on investment (ROI). This program not only equips students with essential skills in performance, production, and direction but also opens doors to various career paths in the entertainment industry and beyond.

The University of Memphis stands out for its comprehensive curriculum designed to cultivate creativity, critical thinking, and collaboration. Graduates emerge with a robust portfolio and hands-on experience, thanks to numerous opportunities for participation in productions, internships, and workshops. This practical experience is invaluable in the competitive world of theatre and performing arts.

Moreover, the demand for skilled professionals in the arts continues to grow, making a degree in Theatre Arts a strategic choice. Graduates often find roles in acting, directing, stage management, and technical production, as well as in education, event planning, and arts administration. Many alumni have successfully transitioned into related fields such as film, television, and digital media, enhancing their career prospects and potential earnings.

Financially, investing in a Theatre Arts degree can yield significant returns. According to industry reports, individuals with a bachelor’s degree in the arts can earn substantially more over their lifetime compared to those without a degree. Additionally, the University of Memphis offers various scholarships and financial aid options, making this investment more accessible.

In summary, a Drama and Dramatics, Theatre Arts degree from the University of Memphis represents not just an education but a pathway to a fulfilling career. With its emphasis on practical experience, industry connections, and a diverse range of career opportunities, students can expect a strong return on their investment, both personally and financially.

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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