Music Theory and Composition 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 Theory and Composition degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $440,046
Approximate Total Interest $124,548
Monthly Payment $3055.87
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 theory and composition from university of illinois at urbana - champaign

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

Postsecondary teachers, all other

Projection Rating: F-

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 45.91%-34.16%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is one of the most significant decisions you can make for your future, especially when it comes to pursuing a Music Theory and Composition Degree from the esteemed University of Illinois at Urbana-Champaign. This program not only provides a robust foundation in the principles of music but also equips students with the practical skills necessary for a successful career in the music industry.

The return on investment (ROI) for a degree in music theory and composition is multi-faceted. Graduates from the University of Illinois at Urbana-Champaign benefit from a rich curriculum that combines theoretical knowledge with hands-on experience in composition and performance. This dual approach prepares students for a variety of career paths, including music education, composition for film and media, and roles in music production.

According to recent data, graduates in music-related fields from the University of Illinois experience competitive starting salaries and job placement rates. With a degree from this prestigious institution, students not only gain access to a comprehensive network of alumni and industry professionals but also benefit from the university’s outstanding reputation, which can open doors to opportunities that may otherwise remain closed.

Furthermore, the University of Illinois offers numerous resources to enhance your learning experience, including state-of-the-art facilities, access to renowned faculty members, and opportunities for internships and collaborations. These experiences not only enrich your education but also significantly contribute to your professional development, making your degree even more valuable.

In addition to direct career opportunities, a degree in music theory and composition fosters critical thinking, creativity, and problem-solving skills, which are highly desirable in many fields beyond music. This versatility further enhances your ROI, making you a strong candidate in various job markets.

In conclusion, a Music Theory and Composition Degree from the University of Illinois at Urbana-Champaign is not just an investment in your education; it is an investment in your future. With a solid ROI, extensive resources, and a pathway to diverse career opportunities, this program positions you well for success in the ever-evolving music landscape 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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