Music Performance Degree from The New School Return on Investment

See what the return on investment is for jobs that someone with a Music Performance degree from The New School is likely to work in.

F D C B A
Approximate Total Payment $292,219
Approximate Total Interest $82,708
Monthly Payment $2029.30
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 the new school

Musicians and singers

Projection Rating: F+

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 41.34%-30.76%

Employment Change: 2.1%

Entry-Level Education: No formal educational credential

Music directors and composers

Projection Rating: D-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 38.91%-28.95%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Investing in a Music Performance Degree from The New School offers a remarkable return on investment for aspiring musicians and performers. In today's competitive music industry, a degree from a prestigious institution not only enhances your skills but also opens doors to numerous career opportunities.

One of the key benefits of pursuing a music performance degree at The New School is the access to a network of industry professionals. With connections to renowned artists, producers, and music venues, students can find internships and job placements that significantly boost their careers. This strong network can lead to performances, collaborations, and even record deals, providing a solid foundation for a successful music career.

Moreover, the curriculum at The New School is designed to equip students with both technical expertise and creative innovation. By learning from experienced faculty, students gain insights into the latest trends and techniques in music performance, ensuring they are well-prepared to meet the demands of the industry. Many graduates go on to perform in prestigious venues, teach, or even start their own music businesses, highlighting the versatility and value of the degree.

Financially, the return on investment for a Music Performance Degree is promising. Graduates often find themselves in roles that offer competitive salaries, and the skills acquired through the program can lead to multiple income streams, such as teaching, performing, and composing. Additionally, the reputation of The New School can enhance a graduate’s resume, making them more attractive to potential employers.

In conclusion, a Music Performance Degree from The New School is not just an educational experience; it's a strategic investment in your future as a musician. By choosing this program, you are setting yourself up for a successful career filled with opportunities to grow, perform, and thrive in the ever-evolving music landscape.

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.

Get your personalized projection here!