Analysis
Theatre graduates from Augustana College face a challenging financial reality: first-year earnings of $20,326 barely cover basic living expenses, while carrying nearly $27,000 in debt. This combination puts graduates behind most of their Illinois peers—at the 40th percentile statewide—and in a weaker position than programs at Illinois State ($28,958) or Southern Illinois ($27,004). The debt-to-earnings ratio of 1.33 means graduates owe more than a year's salary, making loan repayment stretch longer than many theatre professionals can sustain while establishing their careers.
However, the debt load itself is actually below average for theatre programs nationally, ranking in the 26th percentile. Augustana's financial aid appears to keep borrowing in check, even if post-graduation earnings remain modest. The small sample size here (under 30 graduates) means a few outcomes could swing these numbers significantly in either direction.
For families considering this program, understand that theatre is inherently a lower-earning field early on—national medians hover around $20,700—but Augustana's version underperforms even those modest benchmarks. If your child is committed to theatre and Augustana specifically, the controlled debt is a plus. But if they're open to other Illinois options, several public universities deliver higher starting salaries that would make the career transition more manageable financially.
Where Augustana College Stands
Earnings vs. debt across all drama/theatre arts and stagecraft bachelors's programs nationally
Earnings Distribution
How Augustana College graduates compare to all programs nationally
Compare to Similar Programs in Illinois
Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in Illinois (37 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $49,834 | $20,326 | — | $26,955 | 1.33 | |
| $16,021 | $28,958 | $32,135 | $24,246 | 0.84 | |
| $13,244 | $27,004 | $28,499 | $23,500 | 0.87 | |
| $26,892 | $24,013 | $31,311 | $27,000 | 1.12 | |
| $12,700 | $23,517 | $33,587 | $27,000 | 1.15 | |
| $16,004 | $22,159 | $25,562 | $20,500 | 0.93 | |
| National Median | — | $20,698 | — | $25,000 | 1.21 |
Career Paths
Occupations commonly associated with drama/theatre arts and stagecraft graduates
Art, Drama, and Music Teachers, Postsecondary
Producers and Directors
Media Programming Directors
Talent Directors
Media Technical Directors/Managers
Fashion Designers
Writers and Authors
Poets, Lyricists and Creative Writers
Set and Exhibit Designers
Music Directors and Composers
Actors
Dancers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Augustana College, approximately 22% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 17 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.