Music Degree from University of Utah Return on Investment

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

F D C B A
Approximate Total Payment $95,470
Approximate Total Interest $27,021
Monthly Payment $662.99
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 utah

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 12.71%-9.46%

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: 13.51%-10.05%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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

Investing in a music degree from the University of Utah offers not only a rich educational experience but also a significant return on investment (ROI). Graduates from the music program benefit from a comprehensive curriculum that blends theoretical knowledge with practical application, preparing them for diverse careers in music performance, education, and industry.

One of the key factors contributing to the ROI of a music degree from the University of Utah is the faculty's expertise. With a team of accomplished musicians and educators, students receive personalized mentorship and guidance, enhancing their skills and increasing their marketability in the job market. The university's strong connections with local arts organizations and a vibrant music community provide invaluable networking opportunities that can lead to internships and job placements.

Additionally, the University of Utah's music program emphasizes the development of essential transferable skills such as teamwork, discipline, creativity, and problem-solving. These skills are highly sought after by employers across various industries, making graduates versatile and adaptable in an ever-evolving job landscape.

Financially, the ROI of a music degree can be seen in the potential for higher earning power. Graduates often find employment in lucrative roles such as music directors, educators, sound engineers, and performers. According to industry statistics, individuals with a music degree can earn competitive salaries, often recouping their educational investment within a few years of graduation.

In conclusion, pursuing a music degree from the University of Utah is not just about passion for music; it's a strategic investment in your future. With a strong educational foundation, access to professional networks, and the development of valuable skills, graduates are well-equipped to thrive in the music industry and beyond, ensuring a promising return on their investment.

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!