Music Degree from Illinois State University Return on Investment

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

F D C B A
Approximate Total Payment $132,425
Approximate Total Interest $37,481
Monthly Payment $919.62
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 illinois state university

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 17.63%-13.12%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 18.74%-13.94%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in your education is one of the most significant decisions you will make, especially when it comes to pursuing a Music Degree from Illinois State University. This program not only equips you with the necessary skills to thrive in the competitive music industry but also offers an impressive return on investment (ROI) that can positively impact your future.

Illinois State University's Music Degree program is designed to provide students with a comprehensive understanding of music theory, performance, and education. Graduates emerge with a robust skill set, preparing them for various career paths, including music performance, education, composition, and music therapy. The university's strong reputation and extensive alumni network enhance job prospects, further boosting the value of your degree.

When evaluating the ROI of a Music Degree from Illinois State University, consider the following factors:

  • Career Opportunities: Graduates find roles in diverse fields such as public and private schools, orchestras, and entertainment companies. Many are also successful freelance musicians.
  • Employment Rates: Illinois State University boasts high employment rates for its graduates, with many securing positions shortly after completing their degree.
  • Alumni Success: The university has a track record of successful alumni who have made significant contributions to the music industry, providing current students with invaluable networking opportunities.
  • Quality Education: With experienced faculty and state-of-the-art facilities, students receive a top-notch education that prepares them for real-world challenges.
  • Financial Aid Options: Illinois State University offers various scholarships and financial aid packages, making it accessible for students to invest in their future without overwhelming debt.

Ultimately, a Music Degree from Illinois State University is more than just an academic credential; it is a pathway to a fulfilling career in music. By choosing this program, students can expect a positive return on investment that extends beyond just monetary gains—it's about pursuing passion, making connections, and creating a lasting impact in the music world.

Ready to take the next step? Explore the Music Degree program at Illinois State University and discover how it can transform your future.

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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