Music Degree from Northeastern Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $116,469
Approximate Total Interest $32,965
Monthly Payment $808.81
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 northeastern illinois university

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 15.51%-11.54%

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: 16.48%-12.26%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Don't see the job you're looking for? Click here.

Investing in a music degree from Northeastern Illinois University (NEIU) offers a substantial return on investment (ROI) for aspiring musicians and educators. With a strong emphasis on both performance and theory, NEIU's music program equips students with the skills necessary to thrive in a competitive industry.

One of the key benefits of obtaining a music degree from NEIU is the comprehensive curriculum that combines practical experience with academic rigor. Students have access to experienced faculty, state-of-the-art facilities, and numerous performance opportunities, all of which enhance their learning experience and prepare them for successful careers.

Graduates of NEIU's music program often find themselves well-positioned in the job market, whether they pursue careers as professional musicians, music educators, or in music-related fields like production and management. The university's strong connections within the Chicago music scene provide invaluable networking opportunities, further boosting graduates' employment prospects.

Furthermore, NEIU offers financial aid and scholarship opportunities, making a music degree more accessible and reducing the overall cost of education. When considering the potential for a fulfilling career in music, the investment in a degree from Northeastern Illinois University becomes an attractive option.

In summary, the ROI of a music degree from Northeastern Illinois University is significant. With a blend of quality education, practical experience, and strong industry ties, graduates are well-equipped to achieve their professional goals and contribute meaningfully to the music community.

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.

Get your personalized projection here!