Drama and Dramatics, Theatre Arts Degree from University of Michigan – Ann Arbor 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 Michigan – Ann Arbor is likely to work in.

F D C B A
Approximate Total Payment $131,840
Approximate Total Interest $37,315
Monthly Payment $915.56
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 michigan - ann arbor

Producers and directors

Projection Rating: B

Median Annual Wage: $82,510

Percentage of Paycheck to Repay: 13.32%-9.91%

Employment Change: 13.5%

Entry-Level Education: Bachelor's degree

Actors

Projection Rating: D+

Median Annual Wage: $35,000

Percentage of Paycheck to Repay: 31.39%-23.36%

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: 18.47%-13.74%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

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The University of Michigan – Ann Arbor offers a prestigious Theatre Arts degree that not only nurtures your passion for drama and dramatics but also provides a significant return on investment (ROI). As one of the leading institutions in the field, U-M's program equips students with the skills necessary to thrive in various aspects of the performing arts.

Graduates of the Theatre Arts program benefit from a robust network of industry connections and alumni, enhancing their career prospects in competitive fields such as acting, directing, production, and arts management. With hands-on experience in state-of-the-art facilities, students engage in rigorous training that prepares them for real-world challenges.

Investing in a Theatre Arts degree from the University of Michigan means joining an esteemed community that values creativity and innovation. The university's commitment to student success is reflected in the high employment rates of graduates, with many securing roles in top theater companies, film studios, and entertainment organizations.

Moreover, the diverse curriculum and experiential learning opportunities provide a solid foundation, ensuring that students are not only skilled performers but also critical thinkers and effective collaborators. This multidimensional training translates into versatile career pathways, from performance arts to teaching and beyond.

In terms of financial ROI, graduates often report competitive salaries and significant career advancement opportunities. The strong reputation of the University of Michigan enhances the value of your degree, making it a worthwhile investment for those passionate about the art of drama.

Choosing to pursue a Theatre Arts degree at the University of Michigan – Ann Arbor is more than just an academic decision; it's a commitment to your future in the arts. With the right blend of education, experience, and networking, you can turn your passion for drama into a rewarding and profitable career.

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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