Median Earnings (1yr)
$20,326
47th percentile (40th in IL)
Median Debt
$26,955
8% above national median
Debt-to-Earnings
1.33
Elevated
Sample Size
17
Limited data

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

Augustana CollegeOther drama/theatre arts and stagecraft programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Augustana College graduates compare to all programs nationally

Augustana College graduates earn $20k, placing them in the 47th percentile of all drama/theatre arts and stagecraft bachelors 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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Augustana College$20,326—$26,9551.33
Illinois State University$28,958$32,135$24,2460.84
Southern Illinois University-Carbondale$27,004$28,499$23,5000.87
Millikin University$24,013$31,311$27,0001.12
Northern Illinois University$23,517$33,587$27,0001.15
University of Illinois Urbana-Champaign$22,159$25,562$20,5000.93
National Median$20,698—$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
Illinois State University
Normal
$16,021$28,958$24,246
Southern Illinois University-Carbondale
Carbondale
$13,244$27,004$23,500
Millikin University
Decatur
$26,892$24,013$27,000
Northern Illinois University
Dekalb
$12,700$23,517$27,000
University of Illinois Urbana-Champaign
Champaign
$16,004$22,159$20,500

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.