Theater & Drama Degree in Minneapolis, MN — Salary & ROI 2026
Theater & Drama degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$39K
COL-adjusted
Mid-Career
$49K
COL-adjusted
ROI Payback
22.7 yrs
in Minneapolis
Cost of Living
97
index (100 = avg)
Theater & Drama in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Theater & Drama programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/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 Minneapolis is approximately $38,800.
Category
Humanities
Local Colleges
15
Public Tuition
$15,142/yr
Private Tuition
$45,823/yr
Room & Board
$12,394/yr
Avg Fin. Aid
$14,033/yr
Unemployment
4.4%
Graduation Rate
61%
Theater & Drama Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average Theater & Drama salary: $40,000 starting, $50,000 mid-career, $65,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
Theater & Drama ROI Calculator for Minneapolis
Estimate your return on investment for a Theater & Drama degree using local Minneapolis tuition and cost of living data.
Public avg: $15,142 | Private avg: $45,823
Minneapolis avg aid: $14,033/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$110,144
tuition + room & board - aid
Annual Earnings Premium
$4,850
vs HS diploma in Minneapolis
ROI Payback Period
22.7 years
to break even
Lifetime Return in Minneapolis
$-32,544
Lifetime earnings premium ($77,600) minus total education cost ($110,144)
Student Loan Payoff for Theater & Drama in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for Theater & Drama
University of Minnesota
public
$15,142/yr
$60,568 total
University of St. Thomas
private
$49,716/yr
$198,864 total
Augsburg University
private
$41,930/yr
$167,720 total
Community Colleges (2-Year Transfer)
Minneapolis College
$5,772/yr
Top Employers for Theater & Drama in Minneapolis
Minneapolis offers opportunities in Publishing, Non-profits, Education for Theater & Drama graduates. National top employers in this field include:
Key Minneapolis Hiring Sectors for Humanities
Publishing
Non-profits
Education
Media companies
Government
Common Theater & Drama Job Titles
Theater & Drama in Nearby Minnesota Cities
Saint Paul, MN
$41K starting · COL 101.5
11 colleges
St. Paul, MN
$43K starting · COL 108
20 colleges
Rochester, MN
$42K starting · COL 105
8 colleges
Duluth, MN
$40K starting · COL 100
5 colleges
Bloomington, MN
$40K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$40K starting · COL 98.8
4 colleges
Plymouth, MN
$43K starting · COL 107.3
4 colleges
Maple Grove, MN
$43K starting · COL 107.4
4 colleges
Other Humanities Majors in Minneapolis
Chinese Studies
$53K starting · 4 yr ROI
Linguistics
$49K starting · 5.5 yr ROI
Philosophy
$43K starting · 6.5 yr ROI
Foreign Languages & Literatures
$49K starting · 6.5 yr ROI
English
$41K starting · 7 yr ROI
History
$43K starting · 7.5 yr ROI
Classical Studies
$44K starting · 6 yr ROI
Classics
$49K starting · 8 yr ROI
Methodology & Education Data Sources
How we calculate Theater & Drama degree outcomes in Minneapolis, MN: 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 Minnesota.
- Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Minneapolis 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 Minneapolis Students
Beyond federal aid (FAFSA), Minnesota 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:
Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):
State-specific grants stack with federal aid:
- • USA.gov — Minnesota programs
- • NASFAA — State Aid Programs
- • Search "minnesota higher education commission grants"
Verify earnings + debt before enrolling:
- • College Scorecard — earnings, debt, completion
- • NCES College Navigator
- • IPEDS Net Price Calculator Center
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 Minneapolis — 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 Minneapolis.