Median Earnings (1yr)
$15,579
5th percentile (40th in MI)
Median Debt
$26,678
7% above national median
Debt-to-Earnings
1.71
Elevated
Sample Size
35
Adequate data

Analysis

Oakland University's theatre program posts the lowest first-year earnings in the nation for this degree—just $15,579—which should concern any parent whose child needs to service nearly $27,000 in debt immediately after graduation. While the program does rank at the 40th percentile within Michigan (above the state median of $17,770), that's cold comfort when even the state's median barely qualifies as livable wages.

The redeeming factor here is genuine earnings growth. Four years out, graduates see their income jump 69% to $26,370, though this still lags far behind Western Michigan's comparable program ($21,585 in year one). The debt burden—matching the state median but exceeding the national median by nearly $1,700—compounds the early struggle. With a debt-to-earnings ratio of 1.71 in year one, your child would owe more than they earn annually, making standard loan payments extremely difficult without family support or supplemental income.

Theatre programs rarely promise financial security, but this particular combination of rock-bottom starting salary and above-average debt creates an unusually harsh first few years. If your child is genuinely committed to this career path, Western Michigan delivers better immediate outcomes. If they attend Oakland, plan for significant financial support during those crucial early years when loan payments come due but paychecks barely cover rent.

Where Oakland University Stands

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

Oakland 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 Oakland University graduates compare to all programs nationally

Oakland University graduates earn $16k, placing them in the 5th 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 Michigan

Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in Michigan (25 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Oakland University$15,579$26,370$26,6781.71
Western Michigan University$21,585$26,263$26,9501.25
Wayne State University$18,750$30,701$24,8471.33
Central Michigan University$17,962$31,405$28,0001.56
University of Michigan-Ann Arbor$17,577$23,350$20,7981.18
Michigan State University$17,328$37,177$22,2501.28
National Median$20,698—$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Western Michigan University
Kalamazoo
$15,298$21,585$26,950
Wayne State University
Detroit
$14,297$18,750$24,847
Central Michigan University
Mount Pleasant
$14,190$17,962$28,000
University of Michigan-Ann Arbor
Ann Arbor
$17,228$17,577$20,798
Michigan State University
East Lansing
$15,988$17,328$22,250

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 Oakland University, approximately 30% 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 35 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.