Music Degree from University of North Carolina Wilmington Return on Investment

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

F D C B A
Approximate Total Payment $102,333
Approximate Total Interest $28,964
Monthly Payment $710.65
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 wilmington

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 13.62%-10.14%

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: 14.48%-10.77%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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Investing in a music degree from the University of North Carolina Wilmington (UNCW) can yield significant returns, both personally and professionally. With a rich curriculum that combines theory, performance, and technology, students are well-prepared for a variety of careers in the music industry.

One of the primary benefits of earning a music degree from UNCW is the access to experienced faculty and state-of-the-art facilities. Students receive personalized attention and mentorship, which enhances their learning experience and helps them develop their unique musical voice. This strong foundation not only equips graduates with essential skills but also builds a robust network within the music community.

Furthermore, the music program at UNCW emphasizes real-world experience through internships and performance opportunities. Graduates often find themselves in demand, as they have honed their abilities in diverse settings—from local venues to larger music festivals. This hands-on approach ensures that students are not only knowledgeable but also adaptable in a constantly evolving industry.

In terms of financial return, a music degree can lead to various lucrative career paths. Graduates may pursue roles as professional musicians, music educators, sound engineers, or music therapists. According to industry reports, professionals in these fields can earn competitive salaries, often exceeding the average income for those with only a high school diploma or associate degree.

Moreover, the music industry is projected to grow, promising increased job opportunities for graduates. The skills learned at UNCW, such as creativity, collaboration, and critical thinking, are highly valued in many sectors beyond music, further enhancing the degree's return on investment.

In summary, a music degree from the University of North Carolina Wilmington not only nurtures artistic talent but also offers a solid return on investment through career opportunities, personal growth, and valuable industry connections. By choosing UNCW, students are making a choice for a vibrant future in the music world and beyond.

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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