Median Earnings (1yr)
$12,947
5th percentile (10th in CA)
Median Debt
$20,976
19% below national median
Debt-to-Earnings
1.62
Elevated
Sample Size
44
Adequate data

Analysis

USC's elite music program produces a troubling outcome: graduates earn just $12,947 in their first year—barely above poverty level and less than what many high school graduates make. This ranks in the bottom 10% of music programs both nationally and within California, where the state median is $21,550. Even the San Francisco Conservatory of Music—a specialized institution where you'd expect lower commercial earnings—produces graduates making twice as much. For a school with a 10% admission rate and 1500+ average SAT scores, these numbers represent a dramatic underperformance.

The debt picture compounds the problem. While the $21,000 median is slightly below average for music programs, it's still 1.6 times what graduates earn in year one. More concerning is the benchmark comparison: graduates from Cal State Monterey Bay, with far less selective admissions, earn $28,000—enough to make reasonable progress on similar debt loads. USC's premium tuition (even after aid) may be creating outcomes where talented students who could thrive at less expensive programs instead face years of financial struggle.

The critical question is whether earnings recover substantially in years 2-10, which this data doesn't show. If you're considering USC for music, you need concrete evidence that later-career earnings justify this rocky start. Otherwise, your child's exceptional qualifications might translate into better financial outcomes at one of California's strong CSU music programs.

Where University of Southern California Stands

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

University of Southern CaliforniaOther 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 University of Southern California graduates compare to all programs nationally

University of Southern California graduates earn $13k, placing them in the 5th percentile of all music bachelors programs nationally.

Compare to Similar Programs in California

Music bachelors's programs at peer institutions in California (77 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Southern California$12,947—$20,9761.62
San Francisco State University$31,621—$15,0000.47
The Master's University and Seminary$31,340—$25,3340.81
California State University-Monterey Bay$28,009—$18,9200.68
California State University-San Bernardino$27,724———
San Francisco Conservatory of Music$26,916$21,320$27,0001.00
National Median$26,036—$26,0001.00

Other Music Programs in California

Compare tuition, earnings, and debt across California schools

SchoolIn-State TuitionEarnings (1yr)Debt
San Francisco State University
San Francisco
$7,424$31,621$15,000
The Master's University and Seminary
Santa Clarita
$36,930$31,340$25,334
California State University-Monterey Bay
Seaside
$7,437$28,009$18,920
California State University-San Bernardino
San Bernardino
$7,675$27,724—
San Francisco Conservatory of Music
San Francisco
$54,550$26,916$27,000

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 University of Southern California, approximately 22% 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 44 graduates with reported earnings and 65 graduates with debt data. Small samples may not be representative.