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Cleveland Institute of Music Return on Investment for a Degree

When Will You See a Return on Your Investment at Cleveland Institute of Music ?

Review and compare your expected return on investment on your degree from Cleveland Institute of Music , below.

Importance of Return on Investment

Understanding your expected return on investment on your degree from Cleveland Institute of Music can help you decide if attending Cleveland Institute of Music is a smart financial decision.

Break Even In 5.6 Years at Cleveland Institute of Music

College is expensive and every year spent getting your degree is a year of lost wages and additional expenses. To determine when you will make up for the costs of college (your Return on Investment), we will look at the estimated cost of a degree and the average starting salary of graduates from Cleveland Institute of Music .

Average yearly cost	$36,000
Average years to graduate	4.1
Average starting salary	$26,000

The average cost for a degree at Cleveland Institute of Music comes out to about $146,000 . If you make about $26,000 a year, it will take you 5.6 years following graduation to break even.

Additional Considerations

• Be Wary of Excess Debt: According to the U.S. Department of Education. In 2012, the nationwide average salary for young adults with a bachelor's degree was about $47,000, while only $30,000 for those with a high school diploma.
• The "break even" calculation above does not include interest on student loans. How will your debt level affect your ROI?

Cleveland Institute of Music Major Specific Salary Info

Do you know what major you want to pursue at Cleveland Institute of Music ? Calculate a major specific return on investment estimate here.