Music Degree from Florida Atlantic University Return on Investment

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

F D C B A
Approximate Total Payment $97,381
Approximate Total Interest $27,562
Monthly Payment $676.26
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 florida atlantic university

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 12.97%-9.65%

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: 13.78%-10.25%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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The decision to pursue a music degree is a significant one, especially when considering the return on investment (ROI) it offers. Florida Atlantic University (FAU) provides a unique opportunity for aspiring musicians to enhance their skills while also positioning themselves for a successful career in the competitive music industry. But what does the ROI of a music degree from FAU really look like?

First, let's explore the quality of education at FAU. The university boasts a renowned music program led by experienced faculty who are not only accomplished musicians but also dedicated educators. Students gain hands-on experience through performances, collaborations, and internships, which are critical for building a robust portfolio. This real-world experience is invaluable when entering the job market.

In terms of financial ROI, graduates of FAU's music program often find themselves with a competitive edge. The university's strong network of alumni and industry connections can lead to job opportunities in various fields, including performance, education, music production, and arts administration. According to recent surveys, music graduates from FAU report higher starting salaries than the national average for arts degrees, making the investment in their education worthwhile.

Moreover, the versatility of a music degree cannot be overstated. Graduates can pursue careers not only in performance but also in teaching, music therapy, and even roles in entertainment management. This adaptability enhances the long-term ROI, as students can pivot to various career paths, increasing their earning potential over time.

Additionally, Florida Atlantic University offers financial aid options, scholarships, and assistantships that can significantly reduce the cost of education. This financial support further improves the ROI by allowing students to graduate with less debt, making it easier to achieve financial stability in their chosen careers.

In conclusion, a music degree from Florida Atlantic University is not just an educational investment; it's a strategic step towards a rewarding career. With a combination of quality education, industry connections, and versatile career options, the return on investment for FAU music graduates is promising. For those passionate about music, FAU stands out as a smart choice for cultivating talent and achieving professional success.

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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