Music Performance Degree from Elmhurst College Return on Investment
See what the return on investment is for jobs that someone with a Music Performance degree from Elmhurst College is likely to work in.
Top job projections for graduates in music performance from elmhurst college
Musicians and singers
Projection Rating: D+
Median Annual Wage: $58,900
Percentage of Paycheck to Repay: 31.50%-23.44%
Employment Change: 2.1%
Entry-Level Education: No formal educational credential
Music directors and composers
Projection Rating: C-
Median Annual Wage: $62,590
Percentage of Paycheck to Repay: 29.64%-22.05%
Employment Change: 1.4%
Entry-Level Education: Bachelor's degree
If you're considering pursuing a Music Performance Degree from Elmhurst College, understanding the return on investment (ROI) is crucial. This degree not only equips you with the skills necessary to excel in the competitive music industry but also offers a multitude of financial and personal benefits that can enhance your career prospects.
Elmhurst College is renowned for its exceptional music program, which combines rigorous training with real-world performance opportunities. Graduates of this program often find themselves well-prepared for a variety of careers, including performing artist, music educator, and music director. With a strong network of alumni and industry connections, students are positioned to leverage their degree for lucrative job placements.
Investing in a music performance degree can lead to significant financial returns. According to industry data, graduates in the performing arts can earn competitive salaries, especially those who actively engage in performances, teaching, or music production. Many Elmhurst College alumni report an increase in earnings compared to their peers who have not pursued a specialized degree in music.
Moreover, the skills developed during your studies—such as creativity, discipline, and collaboration—are highly valued in various fields. This versatility means that your Music Performance Degree can open doors in areas beyond traditional music careers, creating additional streams of income and career flexibility.
At Elmhurst College, you'll benefit from small class sizes and personalized instruction, allowing for a tailored educational experience that maximizes your potential. The college also offers various scholarships and financial aid options to help reduce the overall cost of your education, further enhancing your ROI.
In conclusion, a Music Performance Degree from Elmhurst College not only provides you with top-notch musical training but also represents a smart financial investment in your future. By combining passion with education, you can achieve both artistic fulfillment and a strong return on your investment, ensuring a rewarding career in music.
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.