Music Performance Degree from SUNY at Purchase College Return on Investment

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

F D C B A
Approximate Total Payment $119,616
Approximate Total Interest $33,855
Monthly Payment $830.67
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 purchase college

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 16.92%-12.59%

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: 15.93%-11.85%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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When considering a Music Performance Degree from SUNY at Purchase College, one of the most critical factors to evaluate is the return on investment (ROI). This degree not only equips students with essential musical skills but also offers a pathway to a successful career in the competitive world of music. Here's a closer look at the ROI of pursuing a Music Performance Degree from SUNY at Purchase College.

First and foremost, the quality of education at SUNY Purchase is exceptional. The program features experienced faculty members who are active in the music industry, providing students with invaluable insights and networking opportunities. Students benefit from personalized instruction and a robust curriculum that emphasizes both performance and theory, ensuring they graduate with a well-rounded skill set.

In addition to top-tier education, SUNY Purchase is strategically located near New York City, a global hub for music and arts. This proximity allows students to engage with professionals, attend live performances, and participate in internships that can significantly enhance their employability upon graduation. The connections made during their time at Purchase can lead to lucrative job offers and collaborations in the future.

Moreover, graduates of the Music Performance program often find diverse career opportunities in various fields, including performance, education, music therapy, and arts administration. Many alumni have successfully launched their careers as performers, educators, and industry professionals, showcasing the versatility and demand for graduates from this program.

Financially, while the cost of a college education can be daunting, the potential earnings for music professionals can be substantial. According to industry reports, musicians and performers can earn competitive salaries, especially as they gain experience and build their reputations. The investment in a Music Performance Degree can pay off significantly for those who are passionate and committed to their craft.

In conclusion, the return on investment for a Music Performance Degree from SUNY at Purchase College is promising. With an exceptional education, access to industry opportunities, and a diverse range of career paths, students are well-prepared to thrive in the music world. For those passionate about music, this degree is not just an investment in education, but an investment in a fulfilling and potentially lucrative career.

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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