Music Degree from University of Northern Colorado Return on Investment

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

F D C B A
Approximate Total Payment $96,761
Approximate Total Interest $27,387
Monthly Payment $671.95
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 northern colorado

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 12.88%-9.59%

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: 13.69%-10.19%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Don't see the job you're looking for? Click here.

When considering a Music Degree from the University of Northern Colorado, one of the most important factors to evaluate is the return on investment (ROI). Investing in your education is a significant decision, and understanding the potential benefits can help you make an informed choice.

The University of Northern Colorado (UNC) offers a comprehensive music program that equips students with the skills and knowledge necessary to thrive in the competitive music industry. With a strong focus on both performance and education, graduates leave the program ready to pursue various career paths, including music education, performance, music therapy, and composition.

One of the key components of ROI is the earning potential after graduation. UNC music graduates often find employment in diverse fields such as teaching, performing, and producing. According to recent data, UNC music alumni report competitive salaries that reflect their specialized training and experience. Many graduates also have opportunities to supplement their income through gigs, private lessons, and collaborations, enhancing their overall financial return.

Moreover, the networking opportunities available at UNC can significantly impact your career trajectory. The university boasts a robust alumni network and connections within the music industry, offering students a chance to build relationships that can lead to internships, job placements, and collaborative projects. This network is invaluable and can contribute to a quicker return on your educational investment.

Additionally, the practical experience provided through UNC's music programs, such as performances, workshops, and internships, allows students to develop a portfolio that showcases their talent and skills to potential employers. This hands-on experience is often a deciding factor for employers in the music industry, giving UNC graduates a competitive edge.

In conclusion, a Music Degree from the University of Northern Colorado not only provides a solid educational foundation but also presents a favorable return on investment. With a combination of strong earning potential, extensive networking opportunities, and practical experience, graduates are well-prepared to succeed in their chosen music careers. Whether you're aspiring to be a performer, educator, or industry professional, UNC's music program can help you achieve your goals and maximize your investment in your future.

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.

Get your personalized projection here!