Median Earnings (1yr)
$22,225
62nd percentile (60th in IA)
Median Debt
$26,622
6% above national median
Debt-to-Earnings
1.20
Elevated
Sample Size
36
Adequate data

Analysis

The University of Iowa's theatre program stands out for its exceptional earnings growth trajectory, with graduates nearly doubling their income from $22,225 to $39,749 between years one and four. That 79% jump is unusually strong for performing arts degrees and suggests the program successfully prepares students to transition from entry-level theatre work into more sustainable careers—whether that's teaching, arts administration, or technical production roles that typically pay better than performance-only positions.

The debt picture is surprisingly manageable for this field. At $26,622, graduates carry roughly what the national median theatre student owes, but they're already earning slightly above the national median right out of school. Among Iowa's 20 theatre programs, this ranks at the 60th percentile for earnings, essentially performing at the state median. The debt-to-earnings ratio of 1.20 means graduates owe about 14 months of their first-year salary—not ideal, but far better than many arts programs where debt can exceed two years of income.

For parents worried about the viability of a theatre degree, Iowa's program offers a relatively grounded option. The combination of modest debt, above-average starting earnings for the field, and strong income growth suggests graduates find work and build careers rather than stalling out financially. It won't lead to high earnings by conventional standards, but it performs better than most theatre programs nationally and positions graduates for steady financial progress.

Where University of Iowa Stands

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

University of IowaOther 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 University of Iowa graduates compare to all programs nationally

University of Iowa graduates earn $22k, placing them in the 62th 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 Iowa

Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in Iowa (20 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Iowa$22,225$39,749$26,6221.20
University of Northern Iowa$22,289$34,270$24,8751.12
Drake University$19,613$26,018——
National Median$20,698—$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Northern Iowa
Cedar Falls
$9,728$22,289$24,875
Drake University
Des Moines
$49,944$19,613—

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 University of Iowa, approximately 18% 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 36 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.