Music Performance Degree from University of Indianapolis Return on Investment

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

F D C B A
Approximate Total Payment $187,793
Approximate Total Interest $53,152
Monthly Payment $1304.12
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 performance from university of indianapolis

Musicians and singers

Projection Rating: C-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 26.57%-19.77%

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: 25.00%-18.60%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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

Investing in a Music Performance Degree from the University of Indianapolis offers exceptional value, combining artistic excellence with practical career preparation. Graduates of this esteemed program are equipped with the skills necessary to thrive in a competitive music industry, making their degree a rewarding investment.

The University of Indianapolis is renowned for its dedicated faculty, state-of-the-art facilities, and vibrant musical community. Students benefit from personalized instruction, performance opportunities, and access to a network of industry professionals. This hands-on experience not only enhances their artistic abilities but also cultivates essential skills in collaboration, communication, and creativity.

When considering the return on investment (ROI) of a Music Performance Degree, it's essential to evaluate potential career paths. Graduates often find employment as performers, music educators, composers, and music therapists. Many also pursue advanced degrees, further enhancing their earning potential. According to recent data, individuals with a music degree can expect competitive salaries, with many earning upwards of $50,000 annually early in their careers, depending on their specialization and location.

Furthermore, the University of Indianapolis maintains strong connections with local arts organizations, providing students with internships and performance opportunities that can lead to job placements. The city's vibrant arts scene also allows graduates to showcase their talents and gain exposure, which is invaluable in launching their careers.

Ultimately, choosing a Music Performance Degree from the University of Indianapolis is not just about studying music; it’s about investing in a future filled with creativity, passion, and financial stability. By equipping students with the necessary tools to succeed in the music industry, this degree promises a substantial return on investment for aspiring musicians.

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!