Drama/Theatre Arts and Stagecraft at Theatre of Arts
Associate's Degree
Analysis
Theatre of Arts graduates earn $18,746 in their first year—barely above poverty level, but remarkably strong for this field. Among California's 89 associate-level theatre programs, this ranks in the 95th percentile, outperforming well-known competitors like the American Academy of Dramatic Arts by $6,000. Nationally, it beats 88% of similar programs. The $19,385 in debt is low compared to most colleges, creating a manageable 1.03 debt-to-earnings ratio.
Here's the reality check: even with top-tier outcomes for theatre training, graduates are starting at less than $20,000 annually in one of America's most expensive cities. Hollywood location means industry proximity, but also high rent and living costs that will stretch these earnings thin. The small graduating class (under 30) suggests either a boutique program with strong connections or data that may not represent future outcomes.
For families banking on this leading to sustainable income, the numbers are sobering despite the program's relative success. If your child is pursuing theatre with realistic expectations—perhaps while living at home, building a portfolio, or planning additional training—this delivers better-than-average preparation at lower-than-average debt. Just understand that "better than average" in theatre still means financial struggle in the early years.
Where Theatre of Arts Stands
Earnings vs. debt across all drama/theatre arts and stagecraft associates's programs nationally
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 Theatre of Arts graduates compare to all programs nationally
Theatre of Arts graduates earn $19k, placing them in the 88th percentile of all drama/theatre arts and stagecraft associates programs nationally.
Compare to Similar Programs in California
Drama/Theatre Arts and Stagecraft associates's programs at peer institutions in California (89 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Theatre of Arts | $18,746 | — | $19,385 | 1.03 |
| American Academy of Dramatic Arts-Los Angeles | $12,445 | $17,498 | $12,000 | 0.96 |
| New York Film Academy | $6,814 | $22,665 | $15,000 | 2.20 |
| National Median | $15,612 | — | $12,000 | 0.77 |
Other Drama/Theatre Arts and Stagecraft Programs in California
Compare tuition, earnings, and debt across California schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| American Academy of Dramatic Arts-Los Angeles Los Angeles | $39,475 | $12,445 | $12,000 |
| New York Film Academy Burbank | $36,738 | $6,814 | $15,000 |
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 Theatre of Arts, approximately 26% 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.