Music Degree from University of Alaska Fairbanks Return on Investment

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

F D C B A
Approximate Total Payment $77,360
Approximate Total Interest $21,896
Monthly Payment $537.22
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 university of alaska fairbanks

Music directors and composers

Projection Rating: B+

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 10.30%-7.66%

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: 10.95%-8.14%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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The decision to pursue a music degree from the University of Alaska Fairbanks (UAF) is not just about passion for music; it’s also an investment in your future. Understanding the return on investment (ROI) of this degree is essential for prospective students. UAF’s music program offers a comprehensive education that equips students with the skills needed for a successful career in various music fields.

Graduates from UAF’s music program benefit from a diverse range of career opportunities. From performance and composition to education and music therapy, the skills learned during this degree program open doors to multiple paths. The university's strong connections with local and regional music organizations provide students with valuable networking opportunities, enhancing their employability upon graduation.

Financially, earning a music degree from UAF can lead to significant returns. While the initial investment in tuition and fees may seem daunting, graduates often find that their earning potential increases substantially over time. Many UAF music alumni have secured positions in prestigious orchestras, teaching roles, and even launched their own music businesses, showcasing the degree’s versatility and value.

Additionally, UAF offers unique scholarships and financial aid options specifically for music students, allowing you to reduce your financial burden while pursuing your passion. This financial support further enhances the ROI, making a music degree from UAF not only an artistic choice but also a smart financial decision.

In conclusion, a music degree from the University of Alaska Fairbanks represents a significant investment in your future, with a strong potential return. By combining a robust curriculum, valuable networking opportunities, and financial aid options, UAF prepares students to thrive in the competitive music industry. Explore the possibilities and make your mark in the world of music with a degree from UAF.

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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