Music Degree from Southern Illinois University – Edwardsville Return on Investment

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

F D C B A
Approximate Total Payment $112,051
Approximate Total Interest $31,714
Monthly Payment $778.13
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 southern illinois university - edwardsville

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 14.92%-11.10%

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: 15.85%-11.80%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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The decision to pursue a music degree is significant, and understanding the return on investment (ROI) can help prospective students make an informed choice. At Southern Illinois University Edwardsville (SIUE), students can expect a high-quality music education that not only nurtures their artistic talents but also prepares them for a successful career in the music industry.

Investing in a music degree from SIUE offers numerous benefits. The program combines rigorous academic coursework with practical experience, allowing students to develop essential skills that are highly valued in the job market. Graduates of SIUE’s music program are well-equipped to pursue various career paths, including performance, education, music production, and arts administration.

One of the key aspects of the ROI for a music degree at SIUE is the quality of faculty and resources available to students. With experienced instructors who are active in the music community, students receive personalized attention and mentorship. The state-of-the-art facilities and performance spaces enhance the learning experience, providing students with opportunities to showcase their talents and gain real-world experience.

Moreover, SIUE has established a strong network of alumni who actively engage in the music industry. This network can prove invaluable for current students seeking internships and job placements after graduation. The connections made during the program can lead to potential collaborations and career opportunities, further increasing the long-term ROI of the degree.

Financially, graduates from SIUE typically see a substantial return on their investment. While salaries can vary based on the chosen career path, many alumni report competitive earnings, especially as they gain experience and expand their professional networks. Additionally, the skills developed during the program, such as creativity, critical thinking, and collaboration, are transferable to various sectors, making graduates attractive to employers beyond the music industry.

In conclusion, a music degree from Southern Illinois University Edwardsville offers a compelling return on investment. With a strong curriculum, dedicated faculty, and extensive networking opportunities, students are prepared to embark on successful careers in music and related fields. For those passionate about music, the investment in their education at SIUE is not just a degree; it's the foundation for a fulfilling and productive career.

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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