Music Degree from University of Massachusetts – Amherst Return on Investment

See what the return on investment is for jobs that someone with a Music degree from University of Massachusetts – Amherst is likely to work in.

F D C B A
Approximate Total Payment $132,163
Approximate Total Interest $37,407
Monthly Payment $917.80
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 from university of massachusetts - amherst

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 17.60%-13.09%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 18.70%-13.91%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in your education is a significant decision, and pursuing a Music Degree from the University of Massachusetts – Amherst offers promising returns. This esteemed program not only cultivates your musical talents but also equips you with essential skills that can lead to diverse career opportunities in the music industry and beyond.

When considering the return on investment (ROI) of a Music Degree from UMass Amherst, it's essential to look at various factors. Graduates from this program have found success in a range of fields, including music performance, education, music therapy, and arts administration. The university’s robust alumni network and strong industry connections enhance job placement opportunities, ensuring that your degree opens doors.

The curriculum at UMass Amherst is designed to provide a comprehensive education in music, blending theory, practice, and technology. With access to state-of-the-art facilities, experienced faculty, and numerous performance opportunities, students gain invaluable experience that translates to real-world skills. This practical training is a crucial component of the degree, making graduates more competitive in the job market.

Moreover, a Music Degree can lead to various paths. From teaching music in schools to working as a professional musician or composer, the possibilities are vast. Additionally, many graduates choose to further their studies, leading to advanced degrees in music or related fields, which can significantly increase earning potential.

Financially, the ROI of a Music Degree from UMass Amherst is enhanced by the university's commitment to providing scholarships and financial aid options. This support can reduce the overall cost of your education, making it more accessible and ensuring that you can focus on your craft without the burden of overwhelming debt.

In conclusion, a Music Degree from the University of Massachusetts – Amherst is not just an investment in your passion for music but a strategic step towards a fulfilling career. With strong employment outcomes, a well-rounded education, and financial support, the ROI of this degree is both tangible and promising. Start your journey today and discover the many ways a Music Degree can enrich your life and career.

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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