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College Factual  by our College Data Analytics Team
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2026 Best Value Theater Arts Master’s Degree Schools

29 Colleges in the United States
$22,257 Avg Student Debt
$67,518 Avg Median Earnings (10yr)
2026 Best Value Theater Arts Master's Degree Badge [Theater Arts](/majors/visual-and-performing-arts/drama-and-theater-arts/theater-arts/) is a field worth comparing on the balance of cost and outcomes. The schools below stand out for delivering a strong theater arts education at a price that pays off.

College Factual analyzed 990 schools to build this 2026 ranking of the best value theater arts schools.

What’s on this page:

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2026 Best Value Theater Arts Schools in the United States

Below are the schools that deliver the strongest value in theater arts, balancing cost against outcomes.

Best Value Theater Arts Schools

1

Our analysis ranked Cuny Brooklyn College the best value for a degree in theater arts in the United States. Set in the city of Brooklyn, Cuny Brooklyn College is a large public institution. In-state tuition and fees average $7,452, with out-of-state students paying around $15,402. Theater Arts graduates carry a median of $13,303 in student loans. Early-career theater arts graduates make about $38,598. Weighed against typical debt, the earnings make a compelling case for value. Cuny Brooklyn College admits about 58% of applicants.

2

The strong cost-to-outcome balance at California State University Fullerton earned it the #2 place for theater arts. Located in the suburb of Fullerton, California State University Fullerton is a very large public university. In-state tuition and fees average $7,470, with out-of-state students paying around $20,070. Theater Arts graduates carry a median of $17,500 in student loans. Early-career theater arts graduates make about $24,978. Set against $17,500 in median debt, that is a healthy payoff. California State University Fullerton admits about 90% of applicants.

3

University Of Central Florida is a great value for students pursuing a degree in theater arts, landing the #3 spot this year. Set in the suburb of Orlando, University Of Central Florida is a very large public institution. The average in-state cost of tuition and fees is $6,368, compared with $22,467 for out-of-state students. Theater Arts graduates carry a median of $21,585 in student loans. Soon after graduation, theater arts degree recipients from University Of Central Florida generally make around $53,911. Set against $21,585 in median debt, that is a healthy payoff. The acceptance rate is 40%.

4
Florida State University crest
Florida State University
Tallahassee, FL

The strong cost-to-outcome balance at Florida State University earned it the #4 place for theater arts. Set in the city of Tallahassee, Florida State University is a very large public institution. In-state tuition and fees average $6,517, while out-of-state students pay about $21,683. Typical student debt for theater arts graduates is $21,000. Soon after graduation, theater arts degree recipients from Florida State University generally make around $32,286. Weighed against typical debt, the earnings make a compelling case for value. Florida State University admits about 24% of applicants.

5

A rank of #5 makes University Of North Carolina At Greensboro one of the best values for theater arts. Set in the city of Greensboro, University Of North Carolina At Greensboro is a large public institution. The average in-state cost of tuition and fees is $7,661, compared with $24,012 for out-of-state students. Typical student debt for theater arts graduates is $25,914. Theater Arts graduates of University Of North Carolina At Greensboro earn a median of $18,154 early in their careers. Set against $25,914 in median debt, that is a healthy payoff. University Of North Carolina At Greensboro admits about 88% of applicants.

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6

University Of North Carolina At Chapel Hill earned the #6 position for value in theater arts this year. University Of North Carolina At Chapel Hill is a very large public school located in the city of Chapel Hill. In-state tuition and fees average $8,994, compared with $41,203 for out-of-state students. Typical student debt for theater arts graduates is $15,613. Soon after graduation, theater arts degree recipients from University Of North Carolina At Chapel Hill generally make around $37,985. That is a strong return on a $15,613 median debt. University Of North Carolina At Chapel Hill admits about 15% of applicants.

7

Western Illinois University placed #7 among the best values for theater arts. Set in the town of Macomb, Western Illinois University is a moderately-sized public institution. In-state tuition and fees average $14,572. Students borrow a median of $27,639 to complete the theater arts program here. Early-career theater arts graduates make about $47,926. Set against $27,639 in median debt, that is a healthy payoff. Western Illinois University admits about 71% of applicants.

8

University Of North Carolina School Of The Arts landed the #8 spot for theater arts value this year. University Of North Carolina School Of The Arts is a small public school located in the city of Winston Salem. The average in-state cost of tuition and fees is $9,477, while out-of-state students pay about $27,211. Typical student debt for theater arts graduates is $24,592. Soon after graduation, theater arts degree recipients from University Of North Carolina School Of The Arts generally make around $27,611. Set against $24,592 in median debt, that is a healthy payoff. Roughly 30% of applicants are accepted.

9

University Of California Irvine earned the #9 position for value in theater arts this year. Set in the city of Irvine, University Of California Irvine is a very large public institution. Expect in-state tuition and fees of around $14,752, with out-of-state students paying around $46,640. Theater Arts graduates carry a median of $17,862 in student loans. Soon after graduation, theater arts degree recipients from University Of California Irvine generally make around $24,696. That is a strong return on a $17,862 median debt. Roughly 29% of applicants are accepted.

10

University Of California San Diego came in at #10 for value in theater arts this year. University Of California San Diego is a very large public school located in the city of La Jolla. In-state tuition and fees average $15,788, with out-of-state students paying around $47,676. Theater Arts graduates carry a median of $14,650 in student loans. Soon after graduation, theater arts degree recipients from University Of California San Diego generally make around $14,358. Set against $14,650 in median debt, that is a healthy payoff. University Of California San Diego admits about 27% of applicants.

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11

University Of Houston landed the #11 spot for theater arts value this year. Located in the city of Houston, University Of Houston is a very large public university. The average in-state cost of tuition and fees is $9,717, with out-of-state students paying around $22,547. Typical student debt for theater arts graduates is $21,255. Early-career theater arts graduates make about $61,314. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 74%.

12

University Of California Los Angeles earned the #12 position for value in theater arts this year. University Of California Los Angeles is a very large public school located in the city of Los Angeles. In-state tuition and fees average $14,233, while out-of-state students pay about $46,121. Typical student debt for theater arts graduates is $16,970. Early-career theater arts graduates make about $19,673. Weighed against typical debt, the earnings make a compelling case for value. University Of California Los Angeles admits about 9% of applicants.

13

University Of Georgia landed the #13 spot for theater arts value this year. Set in the city of Athens, University Of Georgia is a very large public institution. Expect in-state tuition and fees of around $11,450, compared with $31,688 for out-of-state students. Theater Arts graduates carry a median of $19,399 in student loans. Soon after graduation, theater arts degree recipients from University Of Georgia generally make around $20,762. Weighed against typical debt, the earnings make a compelling case for value. University Of Georgia admits about 38% of applicants.

14

Texas A And M University Commerce landed the #14 spot for theater arts value this year. Set in the town of Commerce, Texas A And M University Commerce is a large public institution. In-state tuition and fees average $10,026, with out-of-state students paying around $22,326. Typical student debt for theater arts graduates is $23,796. Soon after graduation, theater arts degree recipients from Texas A And M University Commerce generally make around $54,201. Set against $23,796 in median debt, that is a healthy payoff. The acceptance rate is 92%.

15

University Of Missouri Kansas City landed the #15 spot for theater arts value this year. Located in the city of Kansas City, University Of Missouri Kansas City is a large public university. The average in-state cost of tuition and fees is $13,371, while out-of-state students pay about $32,271. Theater Arts graduates carry a median of $23,741 in student loans. Soon after graduation, theater arts degree recipients from University Of Missouri Kansas City generally make around $24,273. That is a strong return on a $23,741 median debt. University Of Missouri Kansas City admits about 72% of applicants.

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16

University Of Idaho earned the #16 position for value in theater arts this year. Located in the town of Moscow, University Of Idaho is a large public university. Expect in-state tuition and fees of around $9,084, compared with $28,320 for out-of-state students. Theater Arts graduates carry a median of $21,287 in student loans. Early-career theater arts graduates make about $64,954. Set against $21,287 in median debt, that is a healthy payoff. University Of Idaho admits about 76% of applicants.

17

West Virginia University placed #17 among the best values for theater arts. West Virginia University is a very large public school located in the city of Morgantown. In-state tuition and fees average $10,104, with out-of-state students paying around $28,608. Theater Arts graduates carry a median of $19,687 in student loans. Early-career theater arts graduates make about $51,750. Set against $19,687 in median debt, that is a healthy payoff. The acceptance rate is 89%.

18

University Of Illinois At Urbana Champaign ranked #18 on our 2026 list of the best value theater arts schools. Located in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public university. In-state tuition and fees average $18,267, with out-of-state students paying around $40,096. Theater Arts graduates carry a median of $20,500 in student loans. Theater Arts graduates of University Of Illinois At Urbana Champaign earn a median of $26,539 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 42% of applicants are accepted.

19

Indiana University Bloomington came in at #19 for value in theater arts this year. Set in the city of Bloomington, Indiana University Bloomington is a very large public institution. Students from in state pay about $12,144 in tuition and fees, with out-of-state students paying around $41,891. Students borrow a median of $22,000 to complete the theater arts program here. Theater Arts graduates of Indiana University Bloomington earn a median of $20,815 early in their careers. That is a strong return on a $22,000 median debt. Roughly 78% of applicants are accepted.

20

University Of Maryland College Park landed the #20 spot for theater arts value this year. Set in the suburb of College Park, University Of Maryland College Park is a very large public institution. Students from in state pay about $11,809 in tuition and fees, with out-of-state students paying around $41,186. Typical student debt for theater arts graduates is $20,681. Early-career theater arts graduates make about $17,985. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 45%.

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21

San Diego State University came in at #21 for value in theater arts this year. Set in the city of San Diego, San Diego State University is a very large public institution. In-state tuition and fees average $8,728, with out-of-state students paying around $21,328. Theater Arts graduates carry a median of $15,000 in student loans. Soon after graduation, theater arts degree recipients from San Diego State University generally make around $20,538. Weighed against typical debt, the earnings make a compelling case for value. San Diego State University admits about 36% of applicants.

22

Kansas State University ranked #22 on our 2026 list of the best value theater arts schools. Kansas State University is a very large public school located in the city of Manhattan. Expect in-state tuition and fees of around $11,221, with out-of-state students paying around $28,568. Typical student debt for theater arts graduates is $23,546. Theater Arts graduates of Kansas State University earn a median of $51,543 early in their careers. Set against $23,546 in median debt, that is a healthy payoff. Roughly 82% of applicants are accepted.

23

Southern Oregon University landed the #23 spot for theater arts value this year. Southern Oregon University is a moderately-sized public school located in the suburb of Ashland. In-state tuition and fees average $12,762, with out-of-state students paying around $31,887. Typical student debt for theater arts graduates is $21,750. Early-career theater arts graduates make about $20,668. Weighed against typical debt, the earnings make a compelling case for value. Roughly 89% of applicants are accepted.

24

University Of Northern Colorado placed #24 among the best values for theater arts. University Of Northern Colorado is a large public school located in the city of Greeley. In-state tuition and fees average $11,901, while out-of-state students pay about $26,979. Theater Arts graduates carry a median of $24,000 in student loans. Theater Arts graduates of University Of Northern Colorado earn a median of $59,486 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 86%.

25

The University Of Texas At Austin landed the #25 spot for theater arts value this year. Set in the city of Austin, The University Of Texas At Austin is a very large public institution. The average in-state cost of tuition and fees is $11,688, while out-of-state students pay about $44,908. Students borrow a median of $26,000 to complete the theater arts program here. Theater Arts graduates of The University Of Texas At Austin earn a median of $43,430 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 27%.

Rest of the Top 49 Best Value Theater Arts Schools

These schools rounded out the top of this year’s theater arts value ranking:

26
Mary Baldwin College crest
Mary Baldwin College
Staunton, VA
27
28
Regent University crest
Regent University
Virginia Beach, VA
29
30
31
University Of Iowa crest
University Of Iowa
Iowa City, IA
32
33
Stephens College crest
Stephens College
Columbia, MO
34
Boston University crest
Boston University
Boston, MA
35
36
37
Yale University crest
Yale University
New Haven, CT
38
Depaul University crest
Depaul University
Chicago, IL
39
40
41
42
New York University crest
New York University
New York, NY
43
44
Villanova University crest
Villanova University
Villanova, PA
45
46
47
Emerson College crest
Emerson College
Boston, MA
48
49
The New School crest
The New School
New York, NY

Other Theater Arts Degree Levels

Looking for a different degree level? Compare best-value Theater Arts rankings across degree levels:

All Degree Levels in Theater Arts
Associate's Degrees in Theater Arts
Bachelor's Degrees in Theater Arts
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Notes and References

The ranking above is published by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Best Value · 990 schools evaluated.

*Averages shown above reflect the top 29 ranked schools only.

More about our data sources and methodologies.

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