Program Analysis
Starting salaries of $21,138/yr fall 25% below the $28,116 national median for Music. The financial case depends heavily on whether tuition compensates.
The 4.5x 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 6% scenario spread suggests disruption would dent but not destroy the earnings outlook.
The $26,996 debt load exceeds a year of the $21,138 starting salary, suggesting a multi-year repayment window before graduates break even financially.
At #196 out of 240 programs, Millikin University's financial outcomes for Music trail the majority of peers. The value case depends on other factors.
Earnings growth from $21,138 to $38,433 over five years (82% increase) indicates that graduates in this field see meaningful salary progression.