Music Performance Degree from Montclair State University Return on Investment

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

F D C B A
Approximate Total Payment $123,307
Approximate Total Interest $34,900
Monthly Payment $856.30
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 montclair state university

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 17.45%-12.98%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 16.42%-12.22%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from Montclair State University (MSU) offers an exceptional return on investment (ROI) for aspiring musicians and performers. At MSU, students receive hands-on training from experienced faculty and access to state-of-the-art facilities, equipping them with the skills and knowledge necessary to thrive in a competitive music industry.

Graduates of the Music Performance program often find themselves in high-demand roles, whether as performing artists, music educators, or industry professionals. The comprehensive curriculum not only focuses on musical proficiency but also includes courses in music theory, history, and business, ensuring that graduates are well-rounded and prepared for various career paths.

Furthermore, Montclair State University’s strategic location near New York City provides students with unparalleled opportunities for internships, networking, and live performances. This proximity to one of the world’s music capitals enhances the overall educational experience and can significantly boost career prospects post-graduation.

When considering the ROI of a Music Performance Degree from Montclair State University, it is essential to factor in the potential earning power of graduates. Many alumni successfully secure positions that offer competitive salaries, and the skills acquired during their studies often lead to diverse income streams through teaching, performing, and collaborating with other artists.

In conclusion, a Music Performance Degree from Montclair State University is not just an educational opportunity; it is an investment in a future filled with artistic expression and professional success. With a strong support system, rich resources, and extensive networking possibilities, MSU stands out as a premier choice for students looking to make their mark in the music industry.

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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