Music Theory and Composition Degree from University of Maryland – Baltimore County Return on Investment

See what the return on investment is for jobs that someone with a Music Theory and Composition degree from University of Maryland – Baltimore County is likely to work in.

F D C B A
Approximate Total Payment $331,948
Approximate Total Interest $93,953
Monthly Payment $2305.20
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 university of maryland - baltimore county

Music directors and composers

Projection Rating: B

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 14.73%-10.96%

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: 34.63%-25.77%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is a significant decision, especially when it comes to specialized programs like the Music Theory and Composition Degree from the University of Maryland – Baltimore County. This degree not only equips you with essential skills in music theory and composition but also offers a remarkable return on investment (ROI) for your future career.

The University of Maryland – Baltimore County (UMBC) is renowned for its rigorous curriculum and experienced faculty, providing students with a comprehensive understanding of music theory, composition techniques, and the practical aspects of music production. Graduates of this program are well-prepared to enter a variety of fields, including education, performance, and music technology, making them competitive candidates in the job market.

When evaluating the ROI of a Music Theory and Composition degree from UMBC, consider these key factors:

  • High Employment Rate: Graduates from UMBC’s music programs often find successful careers in diverse areas, including teaching, composition for film and television, and music production.
  • Networking Opportunities: The university’s connections with local and national music organizations provide invaluable networking opportunities that can lead to internships and job placements.
  • Skill Development: The program emphasizes both theoretical knowledge and practical skills, ensuring that you graduate with a portfolio that showcases your abilities to potential employers.
  • Alumni Success: Many UMBC alumni have gone on to achieve notable success in the music industry, further enhancing the value of your degree.

Additionally, UMBC offers various scholarships and financial aid options, making it more feasible for students to finance their education without incurring significant debt. This financial support can significantly enhance the overall ROI of your degree.

In conclusion, pursuing a Music Theory and Composition Degree from the University of Maryland – Baltimore County is not just an investment in your education; it's a strategic move towards a fulfilling and financially rewarding career in the music industry. With a strong foundation in music theory, composition skills, and a network of industry connections, you can maximize your potential for success and achieve a substantial return on your educational investment.

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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