What is the starting salary for Theater & Drama graduates in Lexington?

The estimated starting salary for Theater & Drama graduates in Lexington, KY is $42,800 per year, adjusted for the local cost of living index of 107. The national average starting salary for this major is $40,000. Salaries in Lexington are 7% higher than the national average due to cost of living differences.

Is a Theater & Drama degree worth it in Lexington?

A Theater & Drama degree in Lexington has an estimated ROI payback period of 17.2 years, with a projected lifetime return of $-6,640 after subtracting education costs. With 14 colleges in the area and average public tuition of $12,360/year, Lexington offers affordable options for this degree. The local unemployment rate of 6.4% and the major's national unemployment rate of 6% should also factor into your decision.

How much does it cost to study Theater & Drama in Lexington?

The average annual public university tuition in Lexington is $12,360, while private universities average $42,200/year. Including room and board ($10,700/year), total 4-year costs range from $92,240 at a public school to $211,600 at a private institution. Average financial aid per student in Lexington is $8,397/year.

What jobs can Theater & Drama graduates get in Lexington?

Theater & Drama graduates in Lexington can pursue careers as Actor, Director, Stage Manager, Theater Teacher. Key skills valued by local employers include Acting, Directing, Stage Design, Playwriting. The Lexington job market features Publishing, Non-profits, Education among the top hiring sectors for this field. National top employers include Broadway, Film Studios, TV Networks.

How long to pay off student loans for Theater & Drama in Lexington?

With a standard 10-year repayment plan at 6.5% interest, Theater & Drama graduates in Lexington would pay $1,047/month on an estimated $92,240 in loans, with $33,444 in total interest. An aggressive 5-year plan would require $1,805/month but save $17,397 in interest. With a COL-adjusted starting salary of $42,800, monthly payments would represent 29% of gross monthly income.

Theater & Drama Degree in Lexington, KY — Salary & ROI 2026

Theater & Drama degree analysis for Lexington, KY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$43K

COL-adjusted

Mid-Career

$54K

COL-adjusted

ROI Payback

17.2 yrs

in Lexington

Cost of Living

107

index (100 = avg)

Theater & Drama in Lexington, KY Overview

Lexington, Kentucky (pop. 322,570) has 14 colleges offering Theater & Drama programs. The local cost of living index of 107 is near the national average, with average rent near campus at $1,265/month. Although national enrollment in Theater & Drama has been declining, graduates with skills in Acting and Directing remain competitive in the job market. The adjusted starting salary in Lexington is approximately $42,800.

Theater & Drama Salary in Lexington (COL-Adjusted)

Salaries adjusted for Lexington's cost of living index of 107 (national average = 100).

Entry Level (0-2 yrs)

$42,800(+$2,800 vs national)

Mid Career (5-9 yrs)

$53,500(+$3,500 vs national)

Senior Level (15+ yrs)

$69,550(+$4,550 vs national)

Note: National average Theater & Drama salary: $40,000 starting, $50,000 mid-career, $65,000 senior level.Lexington adjustment factor: 1.07x based on the local cost of living index.

Theater & Drama ROI Calculator for Lexington

Estimate your return on investment for a Theater & Drama degree using local Lexington tuition and cost of living data.

Annual Tuition ($)

Public avg: $12,360 | Private avg: $42,200

Years of Study

Annual Financial Aid ($)

Lexington avg aid: $8,397/yr

Student Loan Rate (%)

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$92,240

tuition + room & board - aid

Annual Earnings Premium

$5,350

vs HS diploma in Lexington

ROI Payback Period

17.2 years

to break even

Lifetime Return in Lexington

$-6,640

Lifetime earnings premium ($85,600) minus total education cost ($92,240)

Student Loan Payoff for Theater & Drama in Lexington

Standard Plan (10 years)

Loan Amount$92,240

Monthly Payment$1,047

Total Interest$33,444

% of Monthly Income29%

Aggressive Plan (5 years)

Loan Amount$92,240

Monthly Payment$1,805

Total Interest$16,047

Interest Savings$17,397

Colleges in Lexington for Theater & Drama

University of Kentucky

public

$12,360/yr

$49,440 total

Transylvania University

private

$42,200/yr

$168,800 total

Community Colleges (2-Year Transfer)

Bluegrass Community and Technical College

$4,680/yr

Top Employers for Theater & Drama in Lexington

Lexington offers opportunities in Publishing, Non-profits, Education for Theater & Drama graduates. National top employers in this field include:

BroadwayFilm StudiosTV NetworksRegional TheatersSchools

Key Lexington Hiring Sectors for Humanities

Publishing

Non-profits

Education

Media companies

Government

Common Theater & Drama Job Titles

ActorDirectorStage ManagerTheater Teacher

Theater & Drama in Nearby Kentucky Cities

Louisville, KY

$36K starting · COL 90

17 colleges

Bowling Green, KY

$35K starting · COL 87

5 colleges

Owensboro, KY

$33K starting · COL 82.5

3 colleges

Other Humanities Majors in Lexington

Chinese Studies

$59K starting · 4 yr ROI

Linguistics

$54K starting · 5.5 yr ROI

Philosophy

$47K starting · 6.5 yr ROI

Foreign Languages & Literatures

$54K starting · 6.5 yr ROI

English

$45K starting · 7 yr ROI

History

$47K starting · 7.5 yr ROI

Classical Studies

$48K starting · 6 yr ROI

Classics

$54K starting · 8 yr ROI

Methodology & Education Data Sources

How we calculate Theater & Drama degree outcomes in Lexington, KY: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Theater & Drama programs reflects 4-year public/private weighted averages for Kentucky.
Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Lexington using regional CPI data.
10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
Job market outlook for Theater & Drama graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

IPEDS — Integrated Postsecondary Education Data — official federal college data
College Scorecard (US Dept of Education) — earnings, debt, completion rates
BLS Occupational Outlook Handbook — Theater & Drama career projections
Federal Student Aid (FAFSA) — official US student loan and grant info
NCES Digest of Education Statistics — comprehensive education data
BLS Occupational Employment and Wages — entry-level salary data for Theater & Drama grads

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Lexington Students

Beyond federal aid (FAFSA), Kentucky students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (Kentucky)

State-specific grants stack with federal aid:

• USA.gov — Kentucky programs
• NASFAA — State Aid Programs
• Search "kentucky higher education commission grants"

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

• College Scorecard — earnings, debt, completion
• NCES College Navigator
• IPEDS Net Price Calculator Center

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Theater & Drama Degree in Lexington — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Theater & Drama ROI in other cities, or explore other majors in Lexington.

Theater & Drama Overview Colleges in Lexington All Majors