Median Earnings (1yr)
$16,659
12th percentile (40th in NY)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
1.62
Elevated
Sample Size
116
Adequate data

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

Pace 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 Pace University graduates compare to all programs nationally

Pace University graduates earn $17k, placing them in the 12th 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 New York

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Pace University$16,659$24,112$27,0001.62
Manhattan School of Music$29,400$27,0000.92
University at Buffalo$25,810$15,228$26,6371.03
CUNY Hunter College$25,059$33,006
Nazareth University$23,511$28,859$27,0001.15
SUNY College at Potsdam$22,873$35,579$26,2081.15
National Median$20,698$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in New York

Compare tuition, earnings, and debt across New York schools

SchoolIn-State TuitionEarnings (1yr)Debt
Manhattan School of Music
New York
$54,600$29,400$27,000
University at Buffalo
Buffalo
$10,782$25,810$26,637
CUNY Hunter College
New York
$7,382$25,059
Nazareth University
Rochester
$40,880$23,511$27,000
SUNY College at Potsdam
Potsdam
$8,712$22,873$26,208

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.