Music Degree from North Central College Return on Investment

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

F D C B A
Approximate Total Payment $219,660
Approximate Total Interest $62,171
Monthly Payment $1525.42
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 north central college

Music directors and composers

Projection Rating: C-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 29.25%-21.76%

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: 31.08%-23.13%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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When considering a music degree from North Central College, it's essential to evaluate the return on investment (ROI) that this educational path offers. A music degree is not just about honing your artistic abilities; it can also lead to a rewarding career in various fields such as performance, education, music production, and more.

North Central College provides a comprehensive music program that equips students with the skills necessary for success in the competitive music industry. With access to experienced faculty, state-of-the-art facilities, and numerous performance opportunities, students can enhance their talents while also gaining valuable industry insights.

One of the key factors in assessing the ROI of a music degree is the job placement rate of graduates. North Central College boasts impressive statistics, with many alumni securing positions in top orchestras, music schools, and entertainment companies shortly after graduation. This strong network and support system can significantly boost your career prospects.

Moreover, the versatility of a music degree cannot be overstated. Graduates often find themselves in diverse roles, from teaching music to managing arts programs or even launching their own music-related businesses. This adaptability can lead to a more stable income and a broader range of employment opportunities.

Financial considerations are also crucial when evaluating ROI. North Central College offers various scholarships and financial aid options to help students manage tuition costs. By investing in a music degree, students not only gain a quality education but also open doors to potentially lucrative careers that can lead to a solid financial future.

In conclusion, the return on investment for a music degree from North Central College is substantial. With a robust curriculum, exceptional faculty, and a strong alumni network, students are well-prepared to embark on successful careers in music and beyond. By choosing North Central College, you're not just pursuing your passion; you're making a smart investment in 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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