Music Degree from Minnesota State University – Mankato Return on Investment

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

F D C B A
Approximate Total Payment $87,522
Approximate Total Interest $24,772
Monthly Payment $607.79
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 minnesota state university - mankato

Music directors and composers

Projection Rating: B+

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 11.65%-8.67%

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: 12.38%-9.21%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in a music degree from Minnesota State University, Mankato offers exceptional returns that extend far beyond the classroom. With a rich curriculum designed to nurture artistic talent and practical skills, graduates are well-equipped to thrive in the competitive music industry.

The ROI on a music degree from MSU Mankato is evident in various career pathways. Alumni have successfully pursued careers as music educators, performers, composers, and audio engineers. The university's strong connections with local music organizations and industry professionals provide vital networking opportunities that can lead to internships and job placements.

Furthermore, the state-of-the-art facilities and experienced faculty at MSU Mankato enhance the learning experience, ensuring that students receive top-notch education and mentorship. Graduates often report higher earning potential and job satisfaction, making the investment in a music degree a smart financial choice.

In addition to career advantages, the personal growth experienced through music education fosters creativity, discipline, and collaboration skills, which are invaluable in any profession. The vibrant arts community in Mankato and surrounding areas further enriches the student experience, providing ample opportunities for performance and engagement.

Choosing a music degree from Minnesota State University, Mankato not only opens doors to a fulfilling career but also cultivates lifelong skills and connections. Experience the return on investment that comes with a dedicated education in music, and set the stage for a successful future in the arts.

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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