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

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

F D C B A
Approximate Total Payment $928,021
Approximate Total Interest $262,661
Monthly Payment $6444.59
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 rochester

Music directors and composers

Projection Rating: F+

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 41.19%-30.65%

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: 96.83%-72.05%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Are you considering pursuing a Music Theory and Composition degree from the University of Rochester? Understanding the return on investment (ROI) for your education is crucial to making an informed decision. This degree not only offers a robust curriculum designed to enhance your musical skills but also provides significant benefits that can lead to a rewarding career in the music industry.

The University of Rochester’s Eastman School of Music is renowned for its distinguished faculty, comprehensive programs, and state-of-the-art facilities. By enrolling in this program, you gain access to a rich learning environment that fosters creativity and innovation. Graduates of the program have gone on to achieve notable success in various fields, including music performance, education, composition, and music technology.

When evaluating the ROI of a Music Theory and Composition degree, consider the potential career paths available to graduates. Many alumni secure positions as professional composers, music educators, and audio engineers. The skills acquired during your studies can also lead to opportunities in music publishing, film scoring, or even interdisciplinary fields that combine music with technology and media.

Moreover, the University of Rochester boasts a strong alumni network that can provide valuable connections and job opportunities in the competitive music industry. Internships and collaborative projects with local arts organizations can further enhance your practical experience and make you more marketable to potential employers.

In terms of financial investment, while tuition and fees may seem daunting, many graduates find that their earning potential justifies the cost. According to recent statistics, alumni from the Eastman School of Music report competitive salaries, often surpassing those of peers in similar fields. Scholarships and financial aid options are also available, making it easier for students to manage their educational expenses.

In summary, a Music Theory and Composition degree from the University of Rochester can offer a high return on investment. With a strong educational foundation, a plethora of career opportunities, and a supportive alumni network, graduates are well-equipped to thrive in the music industry. If you are passionate about music and eager to develop your skills, this degree could be a transformative step in your career.

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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