Music Performance Degree from University of Southern Maine Return on Investment

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

F D C B A
Approximate Total Payment $111,366
Approximate Total Interest $31,520
Monthly Payment $773.37
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 southern maine

Musicians and singers

Projection Rating: B-

Median Annual Wage: $58,900

Percentage of Paycheck to Repay: 15.76%-11.72%

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: 14.83%-11.03%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

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Investing in a Music Performance Degree from the University of Southern Maine (USM) offers a significant return on investment for aspiring musicians. As a recognized leader in arts education, USM provides a comprehensive curriculum that not only hones your musical skills but also equips you with essential business acumen necessary for a successful career in the competitive music industry.

The value of a Music Performance Degree extends beyond the classroom. Graduates from USM benefit from a robust network of alumni and industry connections, enhancing job placement opportunities. With dedicated faculty who are active professionals in the music field, students receive personalized mentorship that helps them navigate their career paths effectively.

Moreover, USM's Music Performance program emphasizes real-world experience through performance opportunities, internships, and collaborations with local musicians and organizations. This hands-on approach not only builds your resume but also gives you a competitive edge in auditioning for coveted positions in orchestras, bands, and music ensembles.

The financial aspect of your degree also plays a crucial role in the return on investment. USM offers affordable tuition rates compared to many other institutions, allowing students to attain a quality education without incurring overwhelming debt. Many graduates find themselves in high-demand roles that provide lucrative salaries, making the investment in a Music Performance Degree a wise financial decision.

In summary, choosing to pursue a Music Performance Degree from the University of Southern Maine is an investment in your future. With a combination of quality education, experienced faculty, real-world opportunities, and affordability, USM sets the stage for your success in the vibrant world of music.

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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