Music Performance Degree from University of Louisiana at Monroe Return on Investment

See what the return on investment is for jobs that someone with a Music Performance degree from University of Louisiana at Monroe is likely to work in.

F D C B A
Approximate Total Payment $82,252
Approximate Total Interest $23,280
Monthly Payment $571.19
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 university of louisiana at monroe

Musicians and singers

Projection Rating: B+

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 11.64%-8.66%

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: 10.95%-8.15%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from the University of Louisiana at Monroe (ULM) is not just about acquiring knowledge; it's about securing a promising future in the dynamic world of music. As an aspiring musician, understanding the return on investment (ROI) of your education is crucial for making informed decisions about your career path.

The ULM Music Performance Degree offers a comprehensive curriculum designed to develop your musical talents while preparing you for various professional opportunities. Graduates from ULM have reported impressive job placement rates in diverse fields such as performing arts, music education, and music therapy, making this degree a valuable asset in today’s competitive job market.

One of the key advantages of pursuing a Music Performance Degree at ULM is the access to exceptional faculty and state-of-the-art facilities. Students benefit from personalized instruction and hands-on experience, which can significantly enhance their skill set and employability. Furthermore, ULM's strong connections with local music organizations and industry professionals provide students with networking opportunities that can lead to lucrative internships and job placements.

Financially, the ROI of a Music Performance Degree is evident in the earning potential of graduates. Many alumni successfully secure performance roles, teaching positions, or even start their own music businesses, leading to a stable income. Additionally, ULM offers various scholarships and financial aid options, making this degree more accessible and reducing the overall cost of education.

In conclusion, the Music Performance Degree from the University of Louisiana at Monroe is a sound investment for those passionate about pursuing a career in music. With strong job prospects, expert instruction, and a supportive community, students can expect a rewarding return on their educational investment, both financially and personally.

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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