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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,424 | $16,659 | $24,112 | $27,000 | 1.62 | |
| $54,600 | $29,400 | — | $27,000 | 0.92 | |
| $10,782 | $25,810 | $15,228 | $26,637 | 1.03 | |
| $7,382 | $25,059 | $33,006 | — | — | |
| $40,880 | $23,511 | $28,859 | $27,000 | 1.15 | |
| $8,712 | $22,873 | $35,579 | $26,208 | 1.15 | |
| 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 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.