Music Performance Degree from University of New Mexico – Main Campus Return on Investment

See what the return on investment is for jobs that someone with a Music Performance degree from University of New Mexico – Main Campus is likely to work in.

F D C B A
Approximate Total Payment $87,754
Approximate Total Interest $24,837
Monthly Payment $609.40
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 new mexico - main campus

Musicians and singers

Projection Rating: B

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 12.42%-9.24%

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: 11.68%-8.69%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from the University of New Mexico offers an exceptional return on investment for aspiring musicians and performers. With a rich history in the arts and a vibrant music community, UNM provides students with the skills and experiences necessary to excel in the competitive field of music.

The Music Performance program at UNM is designed to nurture talent, foster creativity, and develop the technical skills required for a successful career in music. Students benefit from personalized instruction from renowned faculty, access to state-of-the-art facilities, and opportunities to perform in various settings, from intimate recitals to large-scale concerts.

One of the key advantages of pursuing your degree at UNM is the university’s extensive network of industry connections. Graduates are well-prepared to enter the workforce, with many securing positions in performance, education, and music production. Additionally, the university’s location in Albuquerque provides a culturally rich environment, where students can engage with local artists and communities, enhancing their learning experience and career prospects.

Financially, the investment in a Music Performance Degree from UNM can yield significant dividends. Graduates often find lucrative job opportunities, and many go on to establish successful careers as performing artists, educators, or in music management. The skills developed during the program—such as discipline, collaboration, and creativity—are highly valued across various industries, further increasing the degree's return on investment.

In conclusion, choosing to pursue a Music Performance Degree at the University of New Mexico is not just about acquiring knowledge; it's about launching a fulfilling career in music. With a supportive community, expert faculty, and a wealth of resources at your fingertips, your investment in this degree can lead to a lifetime of achievements and artistic expression.

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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