Musical Theatre Degree from University of Michigan – Ann Arbor Return on Investment

See what the return on investment is for jobs that someone with a Musical Theatre degree from University of Michigan – Ann Arbor is likely to work in.

F D C B A
Approximate Total Payment $131,840
Approximate Total Interest $37,315
Monthly Payment $915.56
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 musical theatre from university of michigan - ann arbor

Actors

Projection Rating: D+

Median Annual Wage: $35,000

Percentage of Paycheck to Repay: 31.39%-23.36%

Employment Change: 2.5%

Entry-Level Education: Some college, no degree

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

Are you considering pursuing a Musical Theatre Degree from the University of Michigan – Ann Arbor? Understanding the return on investment (ROI) of this prestigious program is essential for making an informed decision about your future. The University of Michigan is renowned for its exceptional arts programs, particularly in musical theatre, which combines rigorous training with unparalleled opportunities.

The ROI of a Musical Theatre Degree from the University of Michigan goes beyond just financial gains. Graduates benefit from a robust network of alumni and industry connections, which often leads to significant career opportunities in theatre, film, and television. With a degree from this esteemed institution, you enhance your employability in a competitive industry.

In terms of financial investment, graduates of the University of Michigan's Musical Theatre program have reported impressive starting salaries compared to peers from other institutions. The skills you acquire—acting, singing, dancing, and stagecraft—not only prepare you for a successful career in the performing arts but also equip you with transferable skills valuable in various industries.

Moreover, the University of Michigan provides abundant resources, including access to world-class faculty, state-of-the-art facilities, and numerous performance opportunities. The experience you gain during your studies further solidifies your expertise and readiness to enter the professional world.

When evaluating the ROI of a Musical Theatre Degree from the University of Michigan – Ann Arbor, it’s important to consider both the tangible and intangible benefits. The unique combination of training, experience, and networking opportunities can lead to a fulfilling and prosperous career in the arts.

Investing in your education at the University of Michigan is not just about obtaining a degree; it's about opening doors to a future filled with creative possibilities and career success. Take the first step towards your dream today!

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!