Music Performance Degree from Lipscomb University Return on Investment

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

F D C B A
Approximate Total Payment $195,529
Approximate Total Interest $55,341
Monthly Payment $1357.84
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 performance from lipscomb university

Musicians and singers

Projection Rating: C-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 27.66%-20.58%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Music directors and composers

Projection Rating: C-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 26.03%-19.37%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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When considering a Music Performance Degree from Lipscomb University, the return on investment (ROI) is a crucial factor for prospective students and their families. Lipscomb University, located in Nashville, Tennessee, offers a comprehensive program that not only hones musical talents but also prepares students for successful careers in the vibrant music industry.

Investing in a Music Performance Degree at Lipscomb provides students with access to a rich network of music professionals, state-of-the-art facilities, and hands-on experience through performance opportunities. The university's location in Music City offers unparalleled exposure to various genres and performance venues, enhancing the educational experience.

Graduates of the program often find lucrative career opportunities in diverse fields, including music performance, education, production, and artist management. The skills acquired during their studies, such as teamwork, creativity, and technical proficiency, are highly valued by employers, leading to competitive salaries and fulfilling job placements.

According to recent alumni surveys, Lipscomb University graduates report a high level of satisfaction with their education and its impact on their career trajectories. Many have secured positions in renowned companies and organizations within the music industry, showcasing the value of their degree.

Moreover, Lipscomb offers various scholarships and financial aid options, making it more accessible for students to pursue their passion for music without incurring overwhelming debt. This financial support contributes to a favorable ROI, allowing graduates to reap the benefits of their education sooner.

In conclusion, a Music Performance Degree from Lipscomb University not only cultivates artistic talents but also provides a solid foundation for a successful career in the music industry. With a strong ROI, students can confidently invest in their future while following their passion for music.

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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