Music Performance Degree from New Mexico State University – Main Campus Return on Investment

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

F D C B A
Approximate Total Payment $85,041
Approximate Total Interest $24,069
Monthly Payment $590.56
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 new mexico state university - main campus

Musicians and singers

Projection Rating: B

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 12.03%-8.95%

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: 11.32%-8.42%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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When considering a Music Performance Degree from New Mexico State University (NMSU) – Main Campus, it's essential to analyze the return on investment (ROI) it offers. This degree not only provides a comprehensive education in music but also equips students with practical skills that are highly valued in the job market.

NMSU’s Music Performance program includes hands-on experience with performance opportunities, personalized instruction from experienced faculty, and access to state-of-the-art facilities. Graduates emerge with a strong portfolio, showcasing their talents through performances and recordings, which can significantly enhance their employability.

Investing in a Music Performance Degree at NMSU can lead to various career paths including performing artist, music educator, composer, and sound technician. The demand for skilled musicians and educators continues to grow, making this degree a wise choice for those passionate about music.

Furthermore, NMSU's connections with local and national music organizations provide students with networking opportunities that can lead to internships and job placements. This real-world experience is invaluable and contributes to the overall ROI of the degree.

Financially, the cost of education is an important factor. NMSU offers competitive tuition rates and financial aid options, making it more accessible for aspiring musicians. When compared to the potential earnings in the music industry, the ROI becomes increasingly favorable.

In summary, pursuing a Music Performance Degree from New Mexico State University – Main Campus not only enriches your musical abilities but also enhances your career prospects and financial future. With a focus on practical experience, skilled instruction, and industry connections, this degree is a solid investment for any serious musician.

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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