Music Degree from University of Alabama at Birmingham Return on Investment

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

F D C B A
Approximate Total Payment $103,993
Approximate Total Interest $29,433
Monthly Payment $722.17
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 university of alabama at birmingham

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 13.85%-10.30%

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: 14.71%-10.95%

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 investment in your future, and at the University of Alabama at Birmingham (UAB), that investment pays off in numerous ways. With a rich history of fostering musical talent and a commitment to academic excellence, UAB's music program not only equips students with essential skills but also enhances their career prospects.

One of the key components of evaluating the return on investment (ROI) of a music degree from UAB is the program's comprehensive curriculum. Students engage in a blend of theoretical knowledge and practical experience, which prepares them for various roles in the music industry, including performance, education, music therapy, and sound engineering. Graduates leave UAB with a robust portfolio of experiences, making them attractive candidates for employers.

Moreover, UAB boasts an impressive network of alumni who have successfully carved out careers in diverse fields. This extensive network provides current students with invaluable connections and mentorship opportunities that can lead to internships and job placements upon graduation. The potential for networking is a key factor in enhancing the ROI of a music degree.

Financially, UAB offers competitive tuition rates compared to other institutions. Coupled with potential scholarships and financial aid, students can minimize their educational expenses, further increasing their ROI. Additionally, many music graduates find employment shortly after graduation, and the earning potential in the music industry can be substantial, especially for those who specialize and gain experience in niche areas.

By choosing to pursue a music degree at UAB, students are not just investing in their education but also in a future filled with possibilities. The combination of quality education, extensive networking opportunities, and a supportive community amplifies the return on investment for students, making UAB a wise 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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