Music Degree from DePauw University Return on Investment

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

F D C B A
Approximate Total Payment $269,349
Approximate Total Interest $76,235
Monthly Payment $1870.48
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 depauw university

Music directors and composers

Projection Rating: D-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 35.86%-26.68%

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: 38.11%-28.36%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in a music degree from DePauw University not only enriches your artistic abilities but also offers a substantial return on investment (ROI) for your future career. DePauw's esteemed School of Music combines a rigorous academic curriculum with hands-on performance opportunities, ensuring that graduates are well-prepared for the competitive landscape of the music industry.

One of the key factors contributing to the ROI of a music degree from DePauw is the university's strong network of alumni and industry connections. Graduates have the opportunity to connect with successful professionals in various fields, including performance, education, and music technology. These connections often lead to internships and job placements, giving students a head start in their careers.

Furthermore, DePauw offers a comprehensive education that goes beyond just musical training. Students gain essential skills in critical thinking, collaboration, and creativity, all of which are highly valued in today’s job market. The emphasis on holistic development ensures that graduates can adapt to a variety of roles, whether they pursue traditional paths in performance or explore innovative careers in music production, arts administration, or music therapy.

Financially, the investment in a DePauw music degree is supported by competitive starting salaries for graduates. Many alumni report high job satisfaction and career advancement opportunities, which contribute to a favorable ROI. With a focus on both artistic excellence and practical skills, a music degree from DePauw University is a powerful asset for anyone looking to make a mark in the music industry.

In addition to direct career benefits, the experience of studying at DePauw fosters lifelong relationships and a deep appreciation for the arts. These intangible benefits, coupled with a strong ROI, make a music degree from DePauw University a wise choice for aspiring musicians and music professionals alike.

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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