Music Degree from Loyola Marymount University Return on Investment
See what the return on investment is for jobs that someone with a Music degree from Loyola Marymount University is likely to work in.
Top job projections for graduates in music from loyola marymount university
Music directors and composers
Projection Rating: D-
Median Annual Wage: $62,590
Percentage of Paycheck to Repay: 38.28%-28.49%
Employment Change: 1.4%
Entry-Level Education: Bachelor's degree
Musicians and singers
Projection Rating: F+
Median Annual Wage: $58,900
Percentage of Paycheck to Repay: 40.68%-30.27%
Employment Change: 2.1%
Entry-Level Education: No formal educational credential
When considering a music degree from Loyola Marymount University (LMU), the return on investment (ROI) is a critical factor for prospective students. LMU's music program not only provides a comprehensive education in music theory, performance, and composition but also equips students with essential skills that are highly valued in the job market.
Graduates from LMU's music program benefit from a robust network of alumni and industry connections, often leading to internships and job opportunities in various fields such as music production, education, and arts management. The university's location in Los Angeles, a hub for the entertainment industry, further enhances the potential for hands-on experience and career advancement.
Statistically, LMU music graduates report competitive salaries and diverse career paths. Many find success in their chosen fields, whether as performing artists, educators, or professionals in music technology. Investing in a music degree from LMU not only fosters artistic talent but also cultivates business acumen, making graduates well-rounded candidates in the job market.
Moreover, LMU offers various scholarships and financial aid options, making a quality music education more accessible. This financial support can significantly enhance the overall ROI for students, allowing them to graduate with less debt and more opportunities to succeed.
In summary, obtaining a music degree from Loyola Marymount University presents a valuable investment in your future. With a strong academic foundation, industry connections, and a supportive community, LMU prepares its music graduates to thrive in an ever-evolving landscape, ensuring that their investment pays off in the long run.
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.