Music Performance Degree from University of North Carolina at Chapel Hill Return on Investment

See what the return on investment is for jobs that someone with a Music Performance degree from University of North Carolina at Chapel Hill is likely to work in.

F D C B A
Approximate Total Payment $120,922
Approximate Total Interest $34,225
Monthly Payment $839.74
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in music performance from university of north carolina at chapel hill

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 17.11%-12.73%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 16.10%-11.98%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Are you considering pursuing a Music Performance Degree from the University of North Carolina at Chapel Hill? Understanding the return on investment (ROI) of your educational choices is crucial, especially in today's competitive job market. This degree not only provides you with exceptional musical training but also equips you with valuable skills that can lead to diverse career opportunities.

The ROI on a Music Performance Degree at UNC Chapel Hill can be measured in several ways. Graduates often find employment in various fields, including performance, education, music therapy, and arts administration. The university’s esteemed faculty and comprehensive curriculum prepare students to excel in both classical and contemporary music settings, making them sought-after candidates in the job market.

Moreover, the vibrant music community in Chapel Hill and surrounding areas offers numerous opportunities for networking and professional development. Students can participate in performances, workshops, and masterclasses that enhance their learning experience and help them build essential connections within the music industry.

Financially, while the initial investment in a degree program may seem significant, the long-term benefits can outweigh the costs. Graduates of the Music Performance program often report competitive salaries, especially when they leverage their skills in teaching, performing, or collaborating with other artists. Additionally, the university offers resources for career support, internships, and job placement that can further increase your earning potential after graduation.

In summary, a Music Performance Degree from the University of North Carolina at Chapel Hill provides a robust return on investment through skill development, networking opportunities, and a pathway to a fulfilling career in the music industry. By choosing UNC, you are not only investing in your education but also in a future filled with creative possibilities.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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