Median Earnings (1yr)
$34,823
78th percentile (60th in IL)
Median Debt
$18,166
30% below national median
Debt-to-Earnings
0.52
Manageable
Sample Size
50
Adequate data

Analysis

Northwestern's music degree punches significantly above the national average—graduates earn $34,823 after one year, ranking in the 78th percentile nationally. But here's the catch: within Illinois, where the Bienen School of Music's brand carries most weight, it sits at just the 60th percentile. Several public universities in the state place graduates into higher-earning positions, with Northern Illinois leading at $43k. For a program at one of the nation's most selective universities (7% admission rate), that's a sobering reality check about music career outcomes.

The financial picture offers genuine relief, though. At $18,166, Northwestern's music graduates carry roughly 30% less debt than typical music majors nationally and less than half the debt load of Illinois peers. That 0.52 debt-to-earnings ratio is manageable, and earnings do climb 15% by year four—modest but steady growth in a field where early-career income often stagnates. The Bienen School clearly provides strong financial aid, even if only 19% of Northwestern students overall receive Pell grants.

Bottom line: This works best for families who value Northwestern's prestige and can afford its sticker price, because aid brings debt down to reasonable levels. The degree won't deliver music-industry earnings that justify Northwestern's selectivity, but it won't saddle graduates with crushing debt either. If maximizing music-specific earning power in Illinois is the goal, consider the public alternatives that consistently place graduates into better-paying positions.

Where Northwestern University Stands

Earnings vs. debt across all music bachelors's programs nationally

Northwestern UniversityOther music programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Northwestern University graduates compare to all programs nationally

Northwestern University graduates earn $35k, placing them in the 78th percentile of all music bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Music bachelors's programs at peer institutions in Illinois (46 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northwestern University$34,823$39,940$18,1660.52
Northern Illinois University$42,830$25,600$29,0000.68
Eastern Illinois University$37,163$47,898$26,3000.71
Southern Illinois University Edwardsville$34,079—$23,5000.69
Illinois State University$32,853$37,981$20,5000.62
Western Illinois University$32,666$42,061$30,0000.92
National Median$26,036—$26,0001.00

Other Music Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Northern Illinois University
Dekalb
$12,700$42,830$29,000
Eastern Illinois University
Charleston
$13,403$37,163$26,300
Southern Illinois University Edwardsville
Edwardsville
$12,922$34,079$23,500
Illinois State University
Normal
$16,021$32,853$20,500
Western Illinois University
Macomb
$14,952$32,666$30,000

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 Northwestern University, approximately 19% 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.

Sample Size: Based on 50 graduates with reported earnings and 71 graduates with debt data. Small samples may not be representative.