Median Earnings (1yr)
$24,013
76th percentile (60th in IL)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
1.12
Elevated
Sample Size
41
Adequate data

Analysis

Millikin's theatre program commands premium tuition but delivers strong results that actually justify the investment—a rarity in this field. At $24,013 in the first year, graduates earn more than 76% of theatre programs nationally and outpace the Illinois median by $3,300. More importantly, earnings climb 30% by year four to over $31,000, placing this program among the top performers in the state and ahead of programs at DePaul and UIUC. The $27,000 debt load sits slightly above state norms but remains one of the lowest nationally (5th percentile), creating a manageable 1.12 debt-to-earnings ratio.

What separates Millikin from typical theatre programs is the trajectory. While many arts degrees show flat or declining earnings, this program's graduates gain significant ground in years 2-4, suggesting the school's industry connections and practical training translate to steady career advancement. The moderate sample size (30-100 graduates) provides reasonable confidence in these outcomes without the volatility of tiny programs.

For families willing to invest in a private theatre education, Millikin demonstrates better ROI than most alternatives in Illinois. The debt is real but reasonable, and graduates appear to build sustainable careers rather than just landing survival jobs. This is as strong a financial case as you'll find for a bachelor's in theatre.

Where Millikin University Stands

Earnings vs. debt across all drama/theatre arts and stagecraft bachelors's programs nationally

Millikin UniversityOther 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 Millikin University graduates compare to all programs nationally

Millikin University graduates earn $24k, placing them in the 76th percentile of all drama/theatre arts and stagecraft bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

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
Millikin University$24,013$31,311$27,0001.12
Illinois State University$28,958$32,135$24,2460.84
Southern Illinois University-Carbondale$27,004$28,499$23,5000.87
Northern Illinois University$23,517$33,587$27,0001.15
University of Illinois Urbana-Champaign$22,159$25,562$20,5000.93
DePaul University$22,021$32,058$26,3481.20
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
Northern Illinois University
Dekalb
$12,700$23,517$27,000
University of Illinois Urbana-Champaign
Champaign
$16,004$22,159$20,500
DePaul University
Chicago
$44,460$22,021$26,348

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 Millikin University, approximately 35% 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 41 graduates with reported earnings and 41 graduates with debt data. Small samples may not be representative.