Music Degree from Western Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $126,449
Approximate Total Interest $35,789
Monthly Payment $878.12
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 western illinois university

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 16.84%-12.53%

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: 17.89%-13.31%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in a Music Degree from Western Illinois University (WIU) is a decision that holds significant promise for aspiring musicians and music educators. With a focus on both practical skills and theoretical knowledge, this program not only nurtures your artistry but also enhances your career prospects in the competitive music industry.

One of the standout features of WIU's music program is its commitment to student success. Graduates from this program consistently report a high return on investment (ROI), thanks to a well-rounded curriculum that includes performance, composition, and music education. With access to experienced faculty, state-of-the-art facilities, and numerous performance opportunities, students are well-prepared to enter the workforce or pursue advanced studies.

When considering the ROI of a Music Degree from WIU, it’s essential to look at post-graduation outcomes. Many alumni find rewarding careers in various fields, including music education, performance, music therapy, and arts administration. The strong network of WIU graduates also provides valuable connections that can lead to internships and job placements.

Financially, the music degree program at WIU is competitively priced compared to similar institutions. With the potential for scholarships, grants, and assistantships, students can significantly reduce their educational expenses. Furthermore, the skills acquired during the program—such as creativity, collaboration, and problem-solving—are highly sought after by employers across many industries, further enhancing the degree’s ROI.

In summary, a Music Degree from Western Illinois University offers a compelling return on investment for those passionate about music. With a strong educational foundation, a vibrant alumni network, and diverse career opportunities, graduates are well-positioned to achieve both personal and professional success in the music field and beyond.

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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