Music Performance Degree from Western Illinois University Return on Investment

See what the return on investment is for jobs that someone with a Music Performance 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 performance from western illinois university

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

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

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Investing in a Music Performance Degree from Western Illinois University (WIU) is not just about acquiring musical skills; it's about enhancing your future career prospects and overall return on investment (ROI). With a rich curriculum designed to foster both artistic expression and practical experience, students can expect to gain invaluable knowledge that translates into a competitive edge in the job market.

WIU's Music Performance program is renowned for its dedicated faculty and state-of-the-art facilities, offering students a comprehensive education that includes performance opportunities, music theory, and music technology. Graduates emerge well-prepared for a variety of careers in music, including roles as performers, educators, and music industry professionals.

When evaluating the ROI of a Music Performance Degree from WIU, consider the high employment rates of graduates, many of whom find successful careers in teaching, performing, or working within the music business. The program's strong alumni network also provides valuable connections and mentorship that can further enhance job prospects.

Additionally, the skills developed during the program—such as discipline, teamwork, and creative problem-solving—are highly sought after in various industries, making graduates versatile candidates for many different roles. This adaptability can lead to a fulfilling career path and financial stability.

Lastly, WIU offers various scholarships and financial aid options, making this degree more accessible and helping to maximize your investment. By choosing to pursue a Music Performance Degree at Western Illinois University, you are not only investing in your passion for music but also in a future filled with opportunities and personal growth.

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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