Music Degree from Minnesota State University Moorhead Return on Investment

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

F D C B A
Approximate Total Payment $94,204
Approximate Total Interest $26,663
Monthly Payment $654.19
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 moorhead

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 12.54%-9.33%

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: 13.33%-9.92%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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When considering a Music Degree from Minnesota State University Moorhead, one of the most important factors to evaluate is the return on investment (ROI). This degree not only provides an exceptional education in music theory, performance, and history, but it also lays a strong foundation for a successful career in various music-related fields.

Graduates of the Music program at Minnesota State University Moorhead have access to a wide range of career opportunities, including roles as professional musicians, music educators, sound engineers, and music therapists. The university’s emphasis on practical experience through performances, internships, and collaborations with local music organizations enhances graduates' employability, providing them with a competitive edge in the job market.

Furthermore, the cost of tuition at Minnesota State University Moorhead is relatively affordable compared to other institutions offering similar music programs. This affordability combined with the potential for a rewarding career means that students can expect a favorable ROI. Many alumni report significant earnings in their chosen fields, indicating that their degree has paved the way for financial stability and growth.

In addition to potential earnings, pursuing a Music Degree from Minnesota State University Moorhead enriches students' lives through the development of critical thinking, creativity, and interpersonal skills. These transferable skills not only enhance career prospects but also contribute to personal growth and fulfillment.

Overall, investing in a Music Degree from Minnesota State University Moorhead is not just about financial returns; it’s about launching a fulfilling career in the arts, fostering personal development, and contributing to the vibrant cultural landscape. Explore the possibilities that await you and discover how a degree from MSUM can lead to a rewarding future in music.

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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