Music Degree from The College of New Jersey Return on Investment

See what the return on investment is for jobs that someone with a Music degree from The College of New Jersey is likely to work in.

F D C B A
Approximate Total Payment $147,776
Approximate Total Interest $41,826
Monthly Payment $1026.22
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 the college of new jersey

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 19.68%-14.64%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Musicians and singers

Projection Rating: C+

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 20.91%-15.56%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Don't see the job you're looking for? Click here.

The decision to pursue a Music Degree from The College of New Jersey (TCNJ) is not just about passion for music; it’s also a strategic investment in your future. Understanding the return on investment (ROI) of your degree can help you make informed choices about your education and career path.

TCNJ’s Music Degree program is designed to equip students with a comprehensive skill set that is highly valued in today’s competitive job market. Graduates can expect to find opportunities in various fields, including performance, education, music therapy, and arts administration. The program’s robust curriculum, combined with hands-on experience through internships and performances, ensures that students are well-prepared to enter the workforce.

When evaluating the ROI of a Music Degree from TCNJ, consider the following factors:

  • Employment Opportunities: The music industry is vast, with roles ranging from music educators to sound engineers, offering graduates a variety of career paths.
  • Networking: TCNJ’s strong connections with industry professionals and alumni provide invaluable networking opportunities that can lead to internships and job placements.
  • Skills Development: The program emphasizes critical thinking, creativity, and collaboration, skills that are transferable to many other professions, enhancing employability.
  • Graduate Success: Many TCNJ music graduates have gone on to achieve notable success in their respective fields, illustrating the value of the degree and the quality of education provided.

Furthermore, the financial aspect of your investment is crucial. TCNJ offers competitive tuition rates compared to other institutions, and financial aid options may be available to help manage costs. Graduates often report a strong starting salary, especially those who leverage their skills in high-demand areas such as music education or digital media.

In summary, earning a Music Degree from The College of New Jersey not only cultivates your artistic talents but also provides a solid foundation for a successful and fulfilling career. With a focus on practical experience, networking, and skill development, TCNJ prepares students for a bright future in the music industry and beyond. Explore your potential and invest in your future with a degree that promises both personal and professional growth.

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.

Get your personalized projection here!