Drama and Dramatics, Theatre Arts Degree from Drake University Return on Investment

See what the return on investment is for jobs that someone with a Drama and Dramatics, Theatre Arts degree from Drake University is likely to work in.

F D C B A
Approximate Total Payment $223,210
Approximate Total Interest $63,176
Monthly Payment $1550.07
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in drama and dramatics, theatre arts from drake university

Producers and directors

Projection Rating: C

Median Annual Wage: $82,510

Percentage of Paycheck to Repay: 22.54%-16.77%

Employment Change: 13.5%

Entry-Level Education: Bachelor's degree

Actors

Projection Rating: F-

Median Annual Wage: $35,000

Percentage of Paycheck to Repay: 53.15%-39.55%

Employment Change: 2.5%

Entry-Level Education: Some college, no degree

Set and exhibit designers

Projection Rating: D+

Median Annual Wage: $59,490

Percentage of Paycheck to Repay: 31.27%-23.27%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

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Investing in a Theatre Arts degree from Drake University is more than just pursuing a passion for drama and dramatics; it's about securing a promising future with significant return on investment (ROI). As one of the premier institutions for theatre education, Drake University offers students a comprehensive program that blends rigorous academic training with hands-on experience in performance and production.

The robust curriculum is designed to equip students with essential skills such as critical thinking, creativity, and collaboration—qualities that are invaluable in today’s job market. Graduates of the Theatre Arts program find themselves well-prepared for various careers, including acting, directing, stage management, and arts administration. The real-world experience gained through internships and productions not only enhances learning but also builds a strong professional network that can lead to job opportunities upon graduation.

Moreover, the entertainment industry continues to grow, with job opportunities projected to increase significantly in the coming years. By choosing the Theatre Arts degree at Drake University, students are strategically positioning themselves at the forefront of this expanding field. The skills developed during their studies are transferable to many sectors, including education, marketing, and public relations, broadening career possibilities beyond traditional theatre roles.

Additionally, Drake University’s strong alumni network and industry connections open doors to internships and job placements, further enhancing the ROI for students. Many alumni have gone on to achieve remarkable success in their careers, serving as a testament to the value of a Theatre Arts degree from Drake.

In terms of financial investment, the cost of attending Drake University is competitive, especially when considering the potential earnings of graduates in the performing arts and related fields. With a commitment to fostering talent and creativity, Drake ensures that students receive quality education and training that translates into real-world success.

In conclusion, a Theatre Arts degree from Drake University is not just an academic pursuit; it is a strategic investment in a successful career in the vibrant world of drama and dramatics. With a focus on practical experience, strong industry ties, and a curriculum tailored to the demands of the profession, students can expect a high return on their educational investment and a fulfilling career in the arts.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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