Median Earnings (1yr)
$21,229
54th percentile (60th in NC)
Median Debt
$24,592
2% below national median
Debt-to-Earnings
1.16
Elevated
Sample Size
105
Adequate data

Analysis

UNC School of the Arts graduates start modestly but show unusually strong earnings growth for theatre majors, with salaries jumping 33% to reach $28,178 by year four. That fourth-year figure matters because it outpaces the program's $24,592 median debt, suggesting graduates can reasonably manage repayment once they gain experience. Among North Carolina's 36 theatre programs, this ranks in the 60th percentile—solidly middle-of-the-pack for the state, though notably trailing UNC Chapel Hill's $26,457.

The debt-to-earnings ratio of 1.16 is actually manageable for performing arts, where first-year salaries typically lag other fields. What makes this program distinctive is the trajectory: while many theatre graduates see flat or declining earnings, UNCSA students appear to build momentum in the field. The selective 33% admission rate and specialized training seem to translate into better staying power in the industry than typical liberal arts theatre programs.

For parents of serious theatre students, this represents a pragmatic middle ground—not the highest starting salaries in the state, but reasonable debt paired with genuine career progression. The key is understanding that year-one earnings will be lean, requiring either parental support or supplemental income during that initial period.

Where University of North Carolina School of the Arts Stands

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

University of North Carolina School of the ArtsOther 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 North Carolina School of the Arts graduates compare to all programs nationally

University of North Carolina School of the Arts graduates earn $21k, placing them in the 54th 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 North Carolina

Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in North Carolina (36 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of North Carolina School of the Arts$21,229$28,178$24,5921.16
University of North Carolina at Chapel Hill$26,457—$15,6130.59
Elon University$24,345$34,132——
Western Carolina University$21,824$28,148$26,0001.19
East Carolina University$21,295$24,121$27,0001.27
North Carolina A & T State University$20,996—$26,0001.24
National Median$20,698—$25,0001.21

Other Drama/Theatre Arts and Stagecraft Programs in North Carolina

Compare tuition, earnings, and debt across North Carolina schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of North Carolina at Chapel Hill
Chapel Hill
$8,989$26,457$15,613
Elon University
Elon
$44,536$24,345—
Western Carolina University
Cullowhee
$4,532$21,824$26,000
East Carolina University
Greenville
$7,361$21,295$27,000
North Carolina A & T State University
Greensboro
$6,748$20,996$26,000

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 University of North Carolina School of the Arts, approximately 25% 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 105 graduates with reported earnings and 106 graduates with debt data. Small samples may not be representative.