Music Performance Degree from Portland State University Return on Investment

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

F D C B A
Approximate Total Payment $102,465
Approximate Total Interest $29,001
Monthly Payment $711.56
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 portland state university

Musicians and singers

Projection Rating: B

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 14.50%-10.79%

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: 13.64%-10.15%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from Portland State University is not just about gaining knowledge in music; it’s about securing a future filled with opportunities and financial returns. With a rapidly evolving music industry, the value of a degree from a reputable institution like PSU can significantly enhance your career prospects.

One of the key factors to consider when evaluating the return on investment (ROI) of a Music Performance Degree is the diverse career paths available to graduates. From performing and teaching to composing and producing, the skills acquired at PSU open doors to various roles within the music industry. Graduates often find themselves in high-demand positions, leading to competitive salaries and job stability.

Moreover, Portland State University offers a unique blend of rigorous academic training and real-world experience. Through performance opportunities, internships, and networking events, students gain practical skills and industry connections that can accelerate their career growth. The vibrant music scene in Portland further enriches this experience, providing a platform for students to showcase their talents and build a professional network.

Financially, graduates with a Music Performance Degree from PSU often report higher earning potential compared to their peers without a degree. According to recent statistics, music professionals with a degree earn, on average, 20% more than those who enter the field without formal education. This increased earning potential, combined with the university's strong alumni network, contributes to a favorable ROI for graduates.

Furthermore, PSU’s commitment to student success and its comprehensive support services ensure that you are not just another number. From personalized advising to career counseling, the university prepares you for the competitive landscape of the music industry, enhancing your chances of a successful and rewarding career.

In conclusion, the ROI of a Music Performance Degree from Portland State University is compelling. With a strong foundation in music, valuable industry connections, and enhanced earning potential, graduates are well-equipped to thrive in their music careers. Investing in your education at PSU can pave the way to a fulfilling and financially rewarding future in the world of 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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