Music Degree from University of Minnesota – Morris Return on Investment

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

F D C B A
Approximate Total Payment $116,671
Approximate Total Interest $33,022
Monthly Payment $810.21
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 minnesota - morris

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 15.53%-11.56%

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: 16.51%-12.28%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in your education is one of the most significant decisions you can make, and pursuing a Music Degree from the University of Minnesota – Morris offers exceptional value. With a focus on both academic excellence and practical experience, graduates not only gain valuable skills but also enjoy a strong return on investment (ROI) in their careers.

The Music program at UMN Morris is designed to cultivate creative talents while providing a comprehensive understanding of music theory, performance, and history. Students benefit from a robust curriculum that includes hands-on opportunities in performance, composition, and music education, preparing them for diverse career paths in the music industry.

Alumni of the Music Degree program have reported impressive employment rates and job satisfaction, contributing to a favorable ROI. Graduates find careers in various fields, including music education, performance, music therapy, and arts administration. The skills acquired during their studies—critical thinking, creativity, and collaboration—are highly sought after in today's job market.

Additionally, the University of Minnesota – Morris boasts a supportive faculty and a vibrant campus community that enriches the academic experience. Networking opportunities through performances, workshops, and collaborations further enhance students' prospects after graduation.

Financially, investing in a Music Degree at UMN Morris is a wise choice. The university offers competitive tuition rates, financial aid options, and scholarships specifically for music students. This commitment to affordability ensures that students can focus on their passion for music without the burden of excessive debt.

In summary, a Music Degree from the University of Minnesota – Morris not only enriches your life through musical education but also provides a strong return on investment. With a blend of academic rigor, practical experience, and career support, graduates are well-equipped to succeed in the ever-evolving music landscape.

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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