Analysis
A $23,500 debt load for a music degree might sound manageable at first—it's below both state and national medians for this field. But that relief is tempered by uncertainty: these figures come from comparable Texas programs, not McMurry's actual graduates. With 58% of music programs nationwide producing first-year earnings below $26,036, even the state median of $47,010 that we're using here represents a best-case scenario that many music graduates don't experience.
What makes this estimate harder to trust is the limited sample: only three similar Texas institutions provided debt data, and McMurry serves a population where 45% receive Pell grants—students who often face different financial outcomes than their peers at better-resourced schools. The top-earning music programs in Texas are all larger public universities with extensive alumni networks and performance opportunities, advantages a smaller private institution may struggle to match. If McMurry's actual outcomes track closer to the national median ($26,036), that same debt becomes nearly a year's salary rather than half.
For parents, this calls for direct conversation with McMurry's music department about graduate outcomes before committing. Ask specifically about job placement rates, typical starting salaries for recent alumni, and whether graduates tend to stay in Texas where music salaries appear stronger. The financial picture could work out fine, but you're making that bet without the data you'd normally have.
Where McMurry University Stands
Earnings vs. debt across all music bachelors's programs nationally
Compare to Similar Programs in Texas
Music bachelors's programs at peer institutions in Texas (59 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $31,372 | $47,010* | — | $23,500* | — | |
| $9,228 | $59,926* | $45,889 | $28,000* | 0.47 | |
| $9,859 | $56,373* | $55,090 | $20,920* | 0.37 | |
| $9,892 | $56,072* | $53,695 | $31,000* | 0.55 | |
| $9,744 | $56,062* | — | $14,612* | 0.26 | |
| $9,711 | $52,799* | $55,639 | $26,000* | 0.49 | |
| National Median | — | $26,036* | — | $26,000* | 1.00 |
Career Paths
Occupations commonly associated with music graduates
Art, Drama, and Music Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Music Directors and Composers
Sound Engineering Technicians
Musicians and Singers
Disc Jockeys, Except Radio
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At McMurry University, approximately 45% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 21 similar programs in TX. Actual outcomes may vary.