Analysis
Stephens College graduates in theatre arts face a troubling financial reality that sets them apart from their Missouri peers. While theatre is rarely a lucrative field immediately after graduation, this program's first-year earnings of $16,476 fall thousands below even the state median of $20,386βlanding in just the 25th percentile among Missouri theatre programs. The $27,000 in typical debt means graduates owe 1.6 times what they earn in their first year, creating a significant burden for jobs that often pay barely above minimum wage.
The modest 13% earnings growth to year four offers little relief, bringing median pay only to $18,669βstill well below what graduates from Missouri Western State, Lindenwood, or Missouri State earn right out of college. While some theatre graduates eventually transition into adjacent fields with better pay, the data suggests this program's alumni struggle more than most to gain that footing, ranking in just the 11th percentile nationally.
For families considering this program, the math is stark: if your child is passionate about theatre, they'll likely find similar training at Missouri State or University of Central Missouri while graduating into materially better earnings prospects. The 92% admission rate suggests Stephens isn't highly selective, so there's no prestige premium justifying the financial tradeoff. Unless your family can cover most costs without loans, this program presents genuine hardship risk during the critical early career years when graduates need flexibility to pursue opportunities and build their craft.
Where Stephens College Stands
Earnings vs. debt across all drama/theatre arts and stagecraft bachelors's programs nationally
Earnings Distribution
How Stephens College 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 |
|---|---|---|---|
| Stephens College | $16,476 | $18,669 | +13% |
| Missouri State University-Springfield | $22,369 | $33,759 | +51% |
| Lindenwood University | $25,083 | $33,381 | +33% |
| University of Central Missouri | $18,403 | $27,686 | +50% |
| Webster University | $13,182 | $25,277 | +92% |
Compare to Similar Programs in Missouri
Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in Missouri (29 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $28,200 | $16,476 | $18,669 | $27,000 | 1.64 | |
| $9,800 | $26,929 | β | β | β | |
| $21,100 | $25,083 | $33,381 | $27,000 | 1.08 | |
| $9,024 | $22,369 | $33,759 | $25,250 | 1.13 | |
| $9,739 | $18,403 | $27,686 | β | β | |
| $30,730 | $13,182 | $25,277 | $26,000 | 1.97 | |
| National Median | β | $20,698 | β | $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 Stephens College, approximately 42% 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 38 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.