Music Degree from Monmouth University Return on Investment

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

F D C B A
Approximate Total Payment $222,101
Approximate Total Interest $62,862
Monthly Payment $1542.37
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 monmouth university

Music directors and composers

Projection Rating: C-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 29.57%-22.00%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Musicians and singers

Projection Rating: D+

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 31.42%-23.38%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in a music degree from Monmouth University opens a world of opportunities, both artistically and financially. As you consider your educational path, understanding the return on investment (ROI) of a degree in music is crucial. Monmouth's music program offers comprehensive training that equips students with essential skills in performance, composition, and music education, ensuring they are well-prepared for a variety of career paths.

Graduates of Monmouth University's music program have reported impressive career outcomes, with many finding successful positions in teaching, performing, and music production. The skills acquired during your studies, such as creativity, teamwork, and communication, are highly valued in various industries, making you a competitive candidate in the job market.

Additionally, Monmouth University’s strong connections within the music industry provide students with invaluable networking opportunities. From internships to collaborations with local musicians and artists, these experiences enhance your resume and expand your professional network, ultimately contributing to a higher ROI.

Financially, a music degree can lead to lucrative career options. According to industry reports, music educators and performers can earn competitive salaries, and the demand for skilled professionals in the arts continues to grow. By choosing Monmouth University, you’re not just pursuing your passion for music; you’re investing in a future that can yield significant financial returns.

In summary, a music degree from Monmouth University not only fosters your artistic talents but also provides a solid foundation for a rewarding career. With a strong ROI in terms of career placement, networking opportunities, and earning potential, Monmouth is a smart choice for aspiring musicians and music professionals.

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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