Musicology and Ethnomusicology Degree from University of Maryland – College Park Return on Investment

See what the return on investment is for jobs that someone with a Musicology and Ethnomusicology degree from University of Maryland – College Park is likely to work in.

F D C B A
Approximate Total Payment $351,873
Approximate Total Interest $99,592
Monthly Payment $2443.56
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 musicology and ethnomusicology from university of maryland - college park

Music directors and composers

Projection Rating: B-

Median Annual Wage: $62,590

Percentage of Paycheck to Repay: 15.62%-11.62%

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: 36.71%-27.32%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

Don't see the job you're looking for? Click here.

The University of Maryland - College Park offers a unique opportunity to delve into the world of music through its Musicology and Ethnomusicology degree program. This program not only provides a deep understanding of music's cultural and historical significance but also equips students with valuable skills that can lead to a strong return on investment (ROI) in their future careers.

Graduates of the Musicology and Ethnomusicology program gain a comprehensive knowledge of various musical traditions and practices across the globe. This specialization opens doors to diverse career paths in academia, research, and the arts, making it a versatile choice for students passionate about music and culture.

One of the key factors contributing to the ROI of this degree is the high demand for music professionals in various sectors, including education, cultural institutions, and media. With a degree in Musicology and Ethnomusicology, graduates can pursue roles such as music teachers, cultural consultants, archivists, or researchers, all of which offer competitive salaries and job stability.

Furthermore, the University of Maryland - College Park is renowned for its rich resources, including access to extensive musical archives and faculty expertise. This academic environment enhances the learning experience, ensuring that students are well-prepared to enter the workforce upon graduation.

Additionally, the skills acquired during the program—such as critical thinking, research methodology, and intercultural communication—are highly transferable and sought after in many industries. This adaptability increases the likelihood of graduates finding fulfilling employment, further solidifying the ROI of their education.

In conclusion, the Musicology and Ethnomusicology degree from the University of Maryland - College Park not only nurtures a passion for music but also provides a solid foundation for a successful career. With its combination of academic rigor and practical skills, students can expect a favorable return on their investment, making it a wise choice for aspiring music professionals.

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.

Get your personalized projection here!