Median Earnings (1yr)
$16,659
12th percentile
40th percentile in New York
Median Debt
$27,000
8% above national median

Analysis

Pace's theater program sits near the bottom nationally but middle-of-the-pack in New York—a distinction that matters when you consider that NYC is the country's theater capital. At 40th percentile statewide, these graduates earn less than other NY theater programs, but the comparison reveals how challenging the field is everywhere: even top-performing SUNY Buffalo graduates average just $25,810.

The numbers themselves tell a difficult story. First-year earnings of $16,659 barely cover rent in New York City, let alone student loan payments on $27,000 in debt. While earnings climb 45% by year four, reaching $24,112 still leaves graduates earning less than many entry-level retail positions. The debt burden is particularly concerning here—Pace ranks in the 5th percentile nationally for debt levels, meaning 95% of comparable programs saddle students with less debt for similar outcomes.

For a family paying private university tuition to train for one of the most competitive, lowest-paying industries in America, this is a tough sell. If your child is determined to pursue theater, SUNY schools deliver comparable or better outcomes at a fraction of the cost. If they're specifically committed to training in New York City, understand you're financing years of financial struggle in an expensive city—this degree functions more as an expensive passion project than a pathway to financial stability.

Where Pace University Stands

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

Earnings Distribution

How Pace University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Pace University$16,659$24,112+45%
CUNY Queens College$11,604$45,005+288%
CUNY New York City College of Technology$14,799$41,484+180%
SUNY College at Potsdam$22,873$35,579+56%
Fordham University$14,133$34,556+145%

Compare to Similar Programs in New York

Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in New York (62 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Pace UniversityNew York$51,424$16,659$24,112$27,0001.62
Manhattan School of MusicNew York$54,600$29,400$27,0000.92
University at BuffaloBuffalo$10,782$25,810$15,228$26,6371.03
CUNY Hunter CollegeNew York$7,382$25,059$33,006
Nazareth UniversityRochester$40,880$23,511$28,859$27,0001.15
SUNY College at PotsdamPotsdam$8,712$22,873$35,579$26,2081.15
National Median$20,698$25,0001.21

Career Paths

Occupations commonly associated with drama/theatre arts and stagecraft graduates

Art, Drama, and Music Teachers, Postsecondary

Teach courses in drama, music, and the arts including fine and applied art, such as painting and sculpture, or design and crafts. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Producers and Directors

Produce or direct stage, television, radio, video, or film productions for entertainment, information, or instruction. Responsible for creative decisions, such as interpretation of script, choice of actors or guests, set design, sound, special effects, and choreography.

$83,480/yrJobs growth:Bachelor's degree

Media Programming Directors

Direct and coordinate activities of personnel engaged in preparation of radio or television station program schedules and programs, such as sports or news.

$83,480/yrJobs growth:Bachelor's degree

Talent Directors

Audition and interview performers to select most appropriate talent for parts in stage, television, radio, or motion picture productions.

$83,480/yrJobs growth:Bachelor's degree

Media Technical Directors/Managers

Coordinate activities of technical departments, such as taping, editing, engineering, and maintenance, to produce radio or television programs.

$83,480/yrJobs growth:Bachelor's degree

Fashion Designers

Design clothing and accessories. Create original designs or adapt fashion trends.

$80,690/yrJobs growth:Bachelor's degree

Writers and Authors

Originate and prepare written material, such as scripts, stories, advertisements, and other material.

$72,270/yrJobs growth:Bachelor's degree

Poets, Lyricists and Creative Writers

Create original written works, such as scripts, essays, prose, poetry or song lyrics, for publication or performance.

$72,270/yrJobs growth:Bachelor's degree

Set and Exhibit Designers

Design special exhibits and sets for film, video, television, and theater productions. May study scripts, confer with directors, and conduct research to determine appropriate architectural styles.

$66,280/yrJobs growth:Bachelor's degree

Music Directors and Composers

Conduct, direct, plan, and lead instrumental or vocal performances by musical artists or groups, such as orchestras, bands, choirs, and glee clubs; or create original works of music.

$63,670/yrJobs growth:Bachelor's degree

Actors

Play parts in stage, television, radio, video, or film productions, or other settings for entertainment, information, or instruction. Interpret serious or comic role by speech, gesture, and body movement to entertain or inform audience. May dance and sing.

Jobs growth:Some college, no degree

Dancers

Perform dances. May perform on stage, for broadcasting, or for video recording.

Jobs growth:
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 Pace University, approximately 27% 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 116 graduates with reported earnings and 113 graduates with debt data. Small samples may not be representative.