NETMCDO 2015 Sally Gaskill Indiana University Center for Postsecondary Research The Debt Issue: What...
15
NETMCDO 2015 Sally Gaskill Indiana University Center for Postsecondary Research The Debt Issue: What do SNAAP Data Say?
-
Upload
neal-fields -
Category
Documents
-
view
213 -
download
0
Transcript of NETMCDO 2015 Sally Gaskill Indiana University Center for Postsecondary Research The Debt Issue: What...
NETMCDO 2015
Sally Gaskill Indiana University
Center for Postsecondary Research
The Debt Issue: What do SNAAP Data Say?
SNAAP Basics
First annual survey 2008
Alumni of all ages are surveyed
All arts degrees – performing arts, visual arts, design, film, architecture, creative writing
Numbers92,000 total respondents(current dataset)
16,000+ music majors from 105 schools
Music degrees: 63% undergraduate -- 36%graduate level
The Debt Issue
Paid for School with Student Loans
Music Comp etc Music Performance Music Ed0%
10%20%30%40%50%60%70%80%90%
100%
44% 45% 43%
By Music Discipline
Recent Non-Recent0%
10%20%30%40%50%60%70%80%90%
100%
57%
42%
Recent v. Non-Recent
Music Majors All Other Majors0%
10%20%30%40%50%60%70%80%90%
100%
45%53%
Music Majors v. All Other Majors
Impact of Student Loan Debt
Recent Non-Recent0%
10%20%30%40%50%60%70%80%90%
100%
42%
20%
38% 33%20%
47%
Music Majors: Recent v. Non-Recent
Major impact Some impact No impact
Music Comp etc Music Performance Music Ed0%
10%20%30%40%50%60%70%80%90%
100%
28% 26%18%
33% 34% 34%39% 40%48%
By Music Discipline
Major impact Some impact No impact
Music Majors All Other Majors0%
20%
40%
60%
80%
100%
24%33%34% 34%
42%33%
Music Majors v. All Other Majors
Major impact Some impact No impact
Amount of Debt Incurred (By Music Discipline)
$10,000 or less $10,001 to $20,000
$20,001 to $30,000
$30,001 to $40,000
$40,001 to $50,000
$50,001 to $60,000
More than $60,000
0%
20%
40%
60%
80%
100%
120%
31%23%
16%9% 7% 4%
11%
33%
24%
16%
10%6%
3%
7%
38%
25%
17%
8%
5%
3%
4%
Music Comp etc Music Performance Music Ed
Amount of Debt Incurred (Music Recent v. Non-Recent)
$10,000 or less
$10,001 to $20,000
$20,001 to $30,000
$30,001 to $40,000
$40,001 to $50,000
$50,001 to $60,000
More than $60,000
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
16%20% 20%
13%10%
7%13%
38%
25%
15%9%
5% 2% 5%
Recent Non-Recent
Amount of Debt Incurred (Music Majors v. All Other Majors)
$10,000 or less
$10,001 to $20,000
$20,001 to $30,000
$30,001 to $40,000
$40,001 to $50,000
$50,001 to $60,000
More than $60,000
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
34%
24%
16%
10%6% 3%
7%
24% 22%18%
11%7% 5%
12%
Music Majors All Other Majors
Majority of Work Time Spent in a Field Associated with the Arts
Recent Non-Recent0%
10%20%30%40%50%60%70%80%90%
100%
71% 69%
Recent v. Non-Recent
Music Comp etc Music Performance Music Ed0%
10%20%30%40%50%60%70%80%90%
100%
66% 68%75%
By Music Discipline
Music Majors All Other Majors0%
10%20%30%40%50%60%70%80%90%
100%
70% 67%
Music Majors v. All Other Majors
Currently Working as an Artist
Music Comp etc Music Performance Music Ed0%
10%20%30%40%50%60%70%80%90%
100%
55%61%
46%
By Music Discipline
Recent Non-Recent0%
10%20%30%40%50%60%70%80%90%
100%
56% 56%
Recent v. Non-Recent
Music Majors All Other Majors0%
10%20%30%40%50%60%70%80%90%
100%
56% 54%
Music Majors v. All Other Majors
Reasons for not Working as a Professional Artist (Music Majors)
Higher pay o
r steadier i
ncome in
other fields
Change in in
terests
Artisti
c work
not ava
ilable
Family
-related re
asons
Debt (inclu
ding student lo
ans)
Lack
of acc
ess to im
portant n
etworks
and people
Current lo
cation no co
nducive to
artisti
c care
er
Lack
of socia
l support
from fa
mily and fr
iends0%
10%20%30%40%50%60%70%80%90%
100%
56%
35% 34%23%
17% 16% 16%7%
In sum: Debt and Its Impact
• Escalation of student debt for music majors consistent with national trends: • Recent music grads are more likely to have student
loans than non-recent (by 15 percentage points)
• 80% of recent music grads say debt had an impact on their further education and careers (v 53% of non-recent)
• Music majors have less debt than other arts majors (on average) • Debt has less of an impact on music majors’
decisions about further education and careers than other majors
Career Paths
• 70% of all music majors currently spend most of their time in arts-related work
• Same % of recent music grads and non-recent music grads music work as artists (56%)
• Music education majors are more likely to work in the arts than music performance majors
• Only 17% of music majors say “debt (including students loans” is a reason they are not working as an artist (though 56% say “higher pay or steadier income in other fields”)
Lots more data: snaap.indiana.edu
Sally Gaskill, SNAAP Director(812) 856-5824
![9755-Linear Systems Fourier Transforms and Optics-Gaskill[Hejizhan.com]](https://static.fdocuments.us/doc/165x107/55cf9063550346703ba56d29/9755-linear-systems-fourier-transforms-and-optics-gaskillhejizhancom.jpg)
