Program Analysis
At $21,229/yr, Theater & Drama graduates from University of North Carolina School of the Arts land near the $21,147 national average — neither a standout nor a red flag.
The 11.8x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.
AI risk is moderate — 37% task exposure — and the 5% scenario spread suggests disruption would dent but not destroy the earnings outlook.
The $23,500 debt load exceeds a year of the $21,229 starting salary, suggesting a multi-year repayment window before graduates break even financially.
Ranked #131 out of 270 programs, University of North Carolina School of the Arts's Theater & Drama offering sits in the upper half but doesn't break into the top tier.
Earnings growth from $21,229 to $32,642 over five years (54% increase) indicates that graduates in this field see meaningful salary progression.