Music Performance Degree from University of Illinois at Urbana – Champaign Return on Investment

See what the return on investment is for jobs that someone with a Music Performance degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $146,682
Approximate Total Interest $41,516
Monthly Payment $1018.62
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 performance from university of illinois at urbana - champaign

Musicians and singers

Projection Rating: C+

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 20.75%-15.44%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 19.53%-14.53%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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The Music Performance Degree from the University of Illinois at Urbana-Champaign offers a wealth of opportunities for aspiring musicians looking to turn their passion into a successful career. This program not only provides rigorous training in performance but also equips students with essential skills that lead to a high return on investment (ROI).

Graduating with a Music Performance Degree from UIUC means joining a prestigious network of alumni who have forged successful careers in various fields, including professional performance, education, music therapy, and music production. The university’s strong connections with industry professionals and organizations enhance students' prospects for internships and job placements upon graduation.

Moreover, the comprehensive curriculum emphasizes both performance excellence and theoretical understanding, ensuring that graduates are well-prepared for the competitive job market. With access to state-of-the-art facilities and renowned faculty, students can hone their craft while building a portfolio that showcases their talent and versatility.

In terms of financial investment, the cost of attending the University of Illinois at Urbana-Champaign is competitive, especially considering the potential earnings for graduates. According to recent data, music performance graduates from UIUC see a significant increase in earning potential within a few years of graduation, making this degree a smart financial choice.

Additionally, the university provides numerous scholarships and financial aid options, further enhancing the ROI for students. By investing in a Music Performance Degree at UIUC, students not only gain an exceptional education but also position themselves for a rewarding and sustainable career in the arts.

In conclusion, pursuing a Music Performance Degree from the University of Illinois at Urbana-Champaign represents a valuable investment in your future. The combination of high-quality education, extensive networking opportunities, and strong job placement rates contributes to an impressive return on investment for graduates.

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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