Analysis
Wagner's theatre program produces graduates earning $17,478 in their first year—below both the national median ($20,698) and the state median ($18,740). While that 40th percentile ranking among New York programs might sound middle-of-the-pack, it means this program underperforms more than half its in-state competitors, including SUNY and CUNY options that offer lower tuition. The $27,000 median debt exceeds what most theatre programs saddle students with, and that 1.54 debt-to-earnings ratio translates to owing about 18 months' worth of your first year's salary.
The 38% earnings growth to $24,139 by year four shows some upward trajectory, but you're still looking at roughly $2,000 per month before taxes four years into your career. Compare that to University at Buffalo's theatre graduates earning $25,810, or better yet, CUNY Hunter's $25,059—programs with similar New York labor market access but likely lower costs for in-state students.
For families paying Wagner's private school tuition to prepare for notoriously low-paying theatre work, the math is challenging. If your child is committed to performance or technical theatre, the SUNY and CUNY alternatives provide similar market outcomes with substantially less financial risk. Wagner's 83% admission rate suggests it's not offering access to opportunities unavailable elsewhere.
Where Wagner College Stands
Earnings vs. debt across all drama/theatre arts and stagecraft bachelors's programs nationally
Earnings Distribution
How Wagner College 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 |
|---|---|---|---|
| Wagner College | $17,478 | $24,139 | +38% |
| CUNY Queens College | $11,604 | $45,005 | +288% |
| CUNY New York City College of Technology | $14,799 | $41,484 | +180% |
| SUNY College at Potsdam | $22,873 | $35,579 | +56% |
| Fordham University | $14,133 | $34,556 | +145% |
Compare to Similar Programs in New York
Drama/Theatre Arts and Stagecraft bachelors's programs at peer institutions in New York (62 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $52,000 | $17,478 | $24,139 | $27,000 | 1.54 | |
| $54,600 | $29,400 | — | $27,000 | 0.92 | |
| $10,782 | $25,810 | $15,228 | $26,637 | 1.03 | |
| $7,382 | $25,059 | $33,006 | — | — | |
| $40,880 | $23,511 | $28,859 | $27,000 | 1.15 | |
| $8,712 | $22,873 | $35,579 | $26,208 | 1.15 | |
| 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 Wagner College, approximately 23% 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 54 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.