Music Degree from University of North Carolina at Chapel Hill Return on Investment

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

F D C B A
Approximate Total Payment $120,922
Approximate Total Interest $34,225
Monthly Payment $839.74
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 north carolina at chapel hill

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 16.10%-11.98%

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: 17.11%-12.73%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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When considering a music degree from the University of North Carolina at Chapel Hill (UNC), prospective students often weigh the potential return on investment (ROI) of their education. With a rich history of musical excellence and a vibrant arts community, UNC offers a comprehensive program designed to cultivate talent and provide students with the skills needed to thrive in the competitive music industry.

The ROI of a music degree from UNC is influenced by several factors, including the quality of education, networking opportunities, and career prospects. UNC's curriculum integrates both practical and theoretical knowledge, allowing students to explore various aspects of music, from performance to music theory and composition. Graduates leave with a robust skill set that is highly valued in diverse fields such as education, performance, music production, and arts management.

Moreover, UNC's location in Chapel Hill provides students with access to a thriving music scene, offering numerous opportunities for internships, collaborations, and live performances. This exposure not only enhances the educational experience but also establishes vital connections within the industry that can lead to job placements and career advancement.

Statistics reveal that graduates from UNC's music program often experience favorable job placement rates and earning potential. Many alumni have successfully launched careers as professional musicians, educators, and industry professionals. By investing in a music degree from UNC, students are not only pursuing their passion but also setting the foundation for a sustainable and rewarding career.

In conclusion, the music degree from the University of North Carolina at Chapel Hill presents a compelling return on investment. With its strong academic framework, extensive networking opportunities, and promising career outcomes, students can feel confident that their education will pay dividends in both personal fulfillment and professional success.

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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