Median Earnings (1yr)
$17,964
25th percentile
Median Debt
$23,905
4% below national median
Debt-to-Earnings
1.33
Elevated
Sample Size
25
Limited data

Analysis

Theatre graduates from UNM earn about $18,000 in their first year—roughly $3,000 below the national median for this degree and barely above New Mexico's state median. While ranking in the 40th percentile among New Mexico's four theatre programs might sound middling, the reality is stark: every theatre program in the state produces similar outcomes, with graduates earning between $17,900 and $18,000. The debt load of nearly $24,000 means borrowers would owe more than their entire first year's salary.

The small sample size here (under 30 graduates) makes these numbers less reliable, but the broader pattern is clear: theatre degrees rarely lead to immediate financial security, regardless of where you study. What's particularly concerning is that UNM's debt level is higher than the state median while earnings remain flat. At New Mexico State, graduates earn essentially the same but typically leave with $3,500 less debt.

For families counting on this degree to lead to financial independence, understand that most theatre graduates supplement their arts work with other employment, especially early in their careers. If your child is committed to this path, the financial difference between New Mexico schools is minimal—focus instead on faculty connections, production opportunities, and keeping debt as low as possible through scholarships or part-time work.

Where University of New Mexico-Main Campus Stands

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

University of New Mexico-Main CampusOther 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 New Mexico-Main Campus graduates compare to all programs nationally

University of New Mexico-Main Campus graduates earn $18k, placing them in the 25th percentile of all drama/theatre arts and stagecraft bachelors programs nationally.

Compare to Similar Programs in New Mexico

Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in New Mexico (4 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of New Mexico-Main Campus$17,964—$23,9051.33
New Mexico State University-Main Campus$17,980$15,599$17,0090.95
National Median$20,698—$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in New Mexico

Compare tuition, earnings, and debt across New Mexico schools

SchoolIn-State TuitionEarnings (1yr)Debt
New Mexico State University-Main Campus
Las Cruces
$8,147$17,980$17,009

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 New Mexico-Main Campus, approximately 36% 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 25 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.