The New England Conservatory of Music
The New England Conservatory of Music — Earnings vs Cost (vs National Average)
Is The New England Conservatory of Music Worth It?
At a value score of 14/100, The New England Conservatory of Music is a below-average value relative to its cost. Graduates earn $34,483 — 36% below average — while paying $46,754/year. Consider alternatives with better earnings-to-cost ratios.
The 76% graduation rate means roughly 24% of students leave without a degree — taking on debt without the earnings boost that completion brings.
With median debt of $27,000 representing 78% of first-year earnings, loan repayment will be a significant burden for most graduates.
Bottom line: consider whether the specific program you're interested in at The New England Conservatory of Music has outcomes that justify the cost — the institution-wide numbers suggest caution.
How The New England Conservatory of Music compares to peer private nonprofit colleges of similar tier nationally
Ranked #22 of 43 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.
| Rank | College | Value | Net price / yr | Median earnings |
|---|---|---|---|---|
| #1 | Kehilath Yakov Rabbinical Seminary | 100 | $3,822 | $36,442 |
| #2 | Turtle Mountain College | 100 | $3,428 | $32,079 |
| #3 | College of Biblical Studies-Houston | 100 | $672 | $39,260 |
| #4 | Baptist University of Florida | 64 | $10,372 | $42,836 |
| #5 | Yeshiva Gedolah Imrei Yosef D'spinka | 52 | $5,646 | $36,545 |
| #6 | University of Fort Lauderdale | 48 | $19,965 | $38,062 |
| #22 | The New England Conservatory of Music | 14 | $46,754 | $34,483 |
Peer group: private nonprofit colleges within ±60% of The New England Conservatory of Music's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in MA.
Best Programs at The New England Conservatory of Music
The highest-earning program at The New England Conservatory of Music is Music at $13,600/year (4 years after graduation).
Your major matters more than the school name — a Music graduate from The New England Conservatory of Music earns $13,600, while a Music graduate earns $13,600. Choose your program carefully — it's the single biggest lever you control.
Debt also varies by program: Music graduates carry $27,000 in median debt vs. $27,000 for Music.
Return on Investment
Estimated 4-Year Cost
Based on $46,754/yr net price × 4 years
Earnings Premium
vs. national average of $53,787/yr
Payback Period
Time to recoup the total cost through higher earnings
10-Year Net Gain
Median earnings over 10 years minus total cost of attendance
Programs & Earnings by Major
Graduate earnings data by field of study (4 years after graduation):
| Major | Earnings (4yr) | Earnings (1yr) | Median Debt |
|---|---|---|---|
| Music | $13,600 | $13,600 | $27,000 |
Similar Colleges in MA
Quick Facts
- Institution Type
- private
- Location
- Boston, MA
- Student Body
- 393 students
- Admission Rate
- 41%
- Graduation Rate
- 76%
- Net Price (Annual)
- $46,754
- Median Earnings (10yr)
- $34,483
- Median Student Debt
- $27,000