Music Degree from University of Massachusetts – Lowell Return on Investment

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

F D C B A
Approximate Total Payment $119,157
Approximate Total Interest $33,725
Monthly Payment $827.48
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 massachusetts - lowell

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 15.86%-11.80%

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: 16.86%-12.54%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Are you considering pursuing a music degree from the University of Massachusetts – Lowell? Understanding the return on investment (ROI) of your education is crucial in making informed decisions about your future. With a rich history of producing talented musicians and industry leaders, UMass Lowell offers a comprehensive music program that prepares students for a variety of careers in music and the arts.

The ROI of a music degree from UMass Lowell can be assessed through several key factors:

  • Quality Education: UMass Lowell's music program is renowned for its experienced faculty, state-of-the-art facilities, and diverse curriculum that includes performance, composition, and music technology. This high-quality education equips graduates with the skills necessary to excel in the competitive music industry.
  • Career Opportunities: Graduates of UMass Lowell's music program have gone on to successful careers in various fields such as performance, education, music production, and arts management. The university's strong connections within the music industry can provide valuable networking opportunities that enhance job prospects.
  • Graduate Success Rates: Alumni of the UMass Lowell music program report high levels of job satisfaction and career advancement. Many have pursued further education or specialized training, further increasing their earning potential and career opportunities.
  • Financial Considerations: While the initial investment in a degree program can seem daunting, the potential for a rewarding career in music often outweighs the costs. Financial aid, scholarships, and work-study programs are available to help manage tuition expenses, making a music degree more accessible.

In conclusion, the return on investment for a music degree from the University of Massachusetts – Lowell is significant. With a focus on practical skills, industry connections, and a supportive academic environment, students can expect to gain not only a deep understanding of music but also the tools necessary to build a successful career. Discover the potential of your future today and explore the opportunities available with a music degree from UMass Lowell.

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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