Music Theory and Composition Degree from University of Miami Return on Investment

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

F D C B A
Approximate Total Payment $905,478
Approximate Total Interest $256,281
Monthly Payment $6288.04
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 miami

Music directors and composers

Projection Rating: F+

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 40.19%-29.90%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Postsecondary teachers, all other

Projection Rating: F-

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 94.47%-70.30%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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When considering a degree in Music Theory and Composition from the University of Miami, understanding the return on investment (ROI) is crucial. This prestigious program not only equips students with essential skills in music theory and composition but also opens doors to diverse career opportunities in the music industry.

The University of Miami boasts an exceptional faculty, state-of-the-art facilities, and a vibrant music community, all of which enhance the learning experience. Graduates of the program often secure positions as composers, arrangers, music educators, or even pursue advanced studies, leading to further professional opportunities.

One of the most significant benefits of obtaining a Music Theory and Composition degree from the University of Miami is the strong alumni network. Graduates are often well-connected, which can lead to internships, collaborations, and job placements in a highly competitive field. This network can be invaluable for students looking to establish themselves in the music industry.

Moreover, the University of Miami's location in a culturally rich city like Miami provides students with ample opportunities to engage with diverse musical genres and communities. This exposure can greatly enhance their creativity and professional skills, ultimately contributing to a higher ROI after graduation.

Investing in a Music Theory and Composition degree at the University of Miami means investing in your future. With a comprehensive curriculum, experienced faculty, and an extensive alumni network, students can expect not only to develop their artistic talents but also to gain the practical skills necessary to thrive in the ever-evolving music landscape.

In summary, choosing the University of Miami for a Music Theory and Composition degree offers a promising return on investment. Graduates are well-prepared to enter the workforce with a competitive edge, making their education both a personal and financial triumph.

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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