Music Theory and Composition Degree from Portland State University Return on Investment

See what the return on investment is for jobs that someone with a Music Theory and Composition degree from Portland State University is likely to work in.

F D C B A
Approximate Total Payment $307,394
Approximate Total Interest $87,003
Monthly Payment $2134.68
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 theory and composition from portland state university

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 13.64%-10.15%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Postsecondary teachers, all other

Projection Rating: D

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 32.07%-23.86%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Investing in a Music Theory and Composition Degree from Portland State University (PSU) is not just about acquiring knowledge; it's about maximizing your future potential. This degree offers a comprehensive curriculum that prepares you for a variety of career paths in the music industry, education, and beyond. But what is the return on investment (ROI) for this degree?

First, let's consider the quality of education. PSU's Music Department is known for its dedicated faculty, state-of-the-art facilities, and a vibrant community that fosters creativity and collaboration. Students benefit from hands-on learning experiences, including performances, workshops, and internships, which enhance their skills and make them more marketable to employers.

According to recent data, graduates with a Music Theory and Composition degree from PSU report higher starting salaries compared to their peers from other institutions. Many alumni go on to secure positions as composers, music educators, audio engineers, and sound designers, among other roles. The skills developed during the program are highly transferable, making graduates versatile in an evolving job market.

Additionally, the music industry is continuously growing, with increasing demand for skilled professionals. By earning your degree at PSU, you are not only investing in your education but also positioning yourself at the forefront of this expanding field. The connections you make during your time at PSU can lead to invaluable networking opportunities and collaborations that enhance your career prospects.

Consider the financial aspect as well. While tuition is an important factor, the potential for scholarships and financial aid at PSU can significantly lessen the financial burden. Furthermore, the long-term benefits of a degree—such as higher earning potential and job stability—far outweigh the initial costs.

In summary, a Music Theory and Composition Degree from Portland State University is an investment in your future. With a robust educational framework, strong job prospects, and the potential for a rewarding career, the ROI for this degree is not just financial; it encompasses personal growth, creativity, and the fulfillment of pursuing your passion in 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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