Student Outcomes
- Graduation Rate (4-year)
- 78.8%
- Graduation Rate (6-year)
- 78.3%
- Retention Rate
- 92.7%
- Median Earnings (10 years after entry)
- $26,878
- Median Debt at Graduation
- $26,994
- Student-to-Faculty Ratio
- 6:1
- Loan Repayment Rate
- 65.5%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Music. | Master | $24,228 | $69,402 |
| Music. | Certificate | $18,154 | |
| Music. | Bachelor | $13,393 | $26,994 |
Outcomes Overview
Manhattan School of Music graduates face a harsh financial reality common to music careers. With median debt of $26,994 and median earnings of $26,878 ten years out, graduates owe nearly 100% of their annual income. Monthly loan payments of $286 consume about 13% of typical graduate earnings. The conservatory trains classical musicians and jazz performers for careers that prioritize artistic fulfillment over financial gain. Many graduates perform with orchestras, teach privately, or work in music therapy and arts administration. The 95.6% employment rate shows graduates find work, but the debt-to-income ratio exceeds most career counselors' recommended 10% threshold. This represents a weak return on investment despite strong career placement.