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
Earnings Distribution
How University of Iowa 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 |
|---|---|---|---|
| University of Iowa | $22,225 | $39,749 | +79% |
| University of Notre Dame | $37,531 | $56,230 | +50% |
| CUNY Queens College | $11,604 | $45,005 | +288% |
| University of Northern Iowa | $22,289 | $34,270 | +54% |
| Drake University | $19,613 | $26,018 | +33% |
Compare to Similar Programs in Iowa
Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in Iowa (20 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,964 | $22,225 | $39,749 | $26,622 | 1.20 | |
| $9,728 | $22,289 | $34,270 | $24,875 | 1.12 | |
| $49,944 | $19,613 | $26,018 | — | — | |
| 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 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.