Music Performance Degree from SUNY at Binghamton Return on Investment

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

F D C B A
Approximate Total Payment $114,417
Approximate Total Interest $32,384
Monthly Payment $794.56
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 suny at binghamton

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 16.19%-12.05%

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: 15.23%-11.34%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from SUNY at Binghamton offers a compelling return on investment for aspiring musicians and performers. With a curriculum designed to cultivate both technical skills and artistic expression, students are equipped to thrive in the competitive music industry. SUNY Binghamton's program is not only renowned for its academic rigor but also for its strong connections to professional networks and performance opportunities.

Graduates from the Music Performance program enjoy a wide range of career paths, from orchestral musicians and solo artists to music educators and composers. The university's emphasis on practical experience, including performance recitals, ensemble work, and internships, ensures that students graduate with a robust portfolio that is attractive to employers.

Furthermore, SUNY Binghamton’s strategic location allows students to engage with a vibrant arts scene, enhancing their exposure to industry trends and networking opportunities. Many graduates report that the skills and connections gained during their studies significantly boost their employability and earning potential.

In terms of financial investment, the cost of tuition at SUNY Binghamton is competitive compared to similar institutions, and the potential earnings for music performance graduates can be substantial. According to industry reports, skilled musicians can command high salaries, particularly when they leverage their education and networks effectively. Additionally, many alumni find rewarding positions in music education, therapy, and production, further showcasing the versatility of a Music Performance Degree.

In summary, pursuing a Music Performance Degree from SUNY at Binghamton not only enriches your musical capabilities but also serves as a strategic investment in your future. With a combination of expert faculty, hands-on experience, and a supportive community, students are well-positioned to achieve their personal and professional aspirations in the music field.

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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