Program Analysis
At $24,273/yr, Music graduates from Carthage College land near the $28,116 national average — neither a standout nor a red flag.
The 3.5x return on tuition is positive but not overwhelming. Financial outcomes depend on keeping costs close to in-state rates.
AI risk is moderate — 47% task exposure — and the 8% scenario spread suggests disruption would dent but not destroy the earnings outlook.
The $27,000 debt load exceeds a year of the $24,273 starting salary, suggesting a multi-year repayment window before graduates break even financially.
At #194 out of 240 programs, Carthage College's financial outcomes for Music trail the majority of peers. The value case depends on other factors.
Earnings growth from $24,273 to $45,258 over five years (86% increase) indicates that graduates in this field see meaningful salary progression.