Music Degree from Augustana College Return on Investment

See what the return on investment is for jobs that someone with a Music degree from Augustana College is likely to work in.

F D C B A
Approximate Total Payment $236,428
Approximate Total Interest $66,917
Monthly Payment $1641.86
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 from augustana college

Music directors and composers

Projection Rating: D+

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 31.48%-23.42%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Musicians and singers

Projection Rating: D

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 33.45%-24.89%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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When considering a Music Degree from Augustana College, one of the most important aspects to evaluate is the return on investment (ROI). A degree in music not only enriches your academic experience but also opens doors to a variety of career opportunities in the music industry and beyond.

Augustana College's Music program is designed to provide students with a comprehensive education that combines theoretical knowledge with practical skills. Graduates of this program have gone on to pursue successful careers as musicians, educators, composers, and music therapists, among other roles. This versatility is a key factor contributing to the strong ROI of a music degree from Augustana.

The college's state-of-the-art facilities, dedicated faculty, and numerous performance opportunities ensure that students receive an education that is both rigorous and engaging. Additionally, the strong alumni network can be a valuable resource for job placement and internships, further enhancing the degree's ROI.

In terms of financial investment, many graduates have reported a positive return, with starting salaries in various music-related fields often exceeding averages for other majors. Furthermore, the skills developed during your studies—such as creativity, discipline, and teamwork—are highly sought after in today’s job market, making Augustana's Music Degree a smart choice for those passionate about music.

Ultimately, investing in a Music Degree from Augustana College is not just about immediate financial gain; it's about building a fulfilling career in a field you love. With the right skills, experience, and connections gained during your time at Augustana, the potential for a rewarding professional life is limitless.

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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