Music Degree from University of Wisconsin – Milwaukee Return on Investment

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

F D C B A
Approximate Total Payment $104,467
Approximate Total Interest $29,568
Monthly Payment $725.46
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 wisconsin - milwaukee

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 13.91%-10.35%

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: 14.78%-11.00%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

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The Music Degree from the University of Wisconsin – Milwaukee offers a compelling return on investment (ROI) for aspiring musicians and music educators. This esteemed program provides students with a comprehensive education in music theory, performance, and pedagogy, equipping them with the skills necessary to thrive in a competitive industry.

One of the key aspects of the ROI for a Music Degree at UWM is the university's strong connections within the music community. Students benefit from networking opportunities with local musicians, educators, and industry professionals, enhancing their chances for internships and job placements upon graduation. Furthermore, UWM’s faculty comprises experienced musicians and educators who offer personalized mentorship and guidance, ensuring students receive the support they need to succeed.

Financially, the investment in a Music Degree can yield significant long-term benefits. Graduates from UWM often find employment in various fields, including music education, performance, music therapy, and arts administration. The average starting salary for graduates in these fields can vary, but many report competitive wages that reflect the quality of their education and expertise.

Moreover, UWM offers various scholarships and financial aid options, making it more accessible for students to pursue their passion for music without the burden of excessive debt. This financial support helps maximize the ROI, allowing graduates to focus on building their careers rather than managing student loans.

In summary, a Music Degree from the University of Wisconsin – Milwaukee not only provides a solid educational foundation but also delivers a strong return on investment through enhanced career opportunities, valuable industry connections, and financial aid options. For those passionate about music, UWM stands out as a premier choice for achieving both artistic and professional goals.

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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