2027 Best Value Musical Theater Schools in the The Plains States Region

[Musical Theater](/majors/visual-and-performing-arts/drama-and-theater-arts/musical-theater/) is a field worth comparing on the balance of cost and outcomes. The best values balance affordable tuition against strong post-graduation earnings.
For its 2027 best-value ranking, College Factual looked at 5 schools to find the best return on investment for musical theater students.
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2027 Best Value Musical Theater Schools in the The Plains States Region
If you want to know which schools deliver the best value for the musical theater degrees they offer, see the list below.
Best Value Musical Theater Schools
Leading the list is University Of Central Missouri, our #1 best value for musical theater in the The Plains States Region. University Of Central Missouri is a large public school located in the town of Warrensburg. Students from in state pay about $10,050 in tuition and fees, with out-of-state students paying around $18,600. Typical student debt for musical theater graduates is $24,304. Early-career musical theater graduates make about $18,403. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 64%.
Students looking for strong value in musical theater will find it at Nebraska Wesleyan University, which ranked #2. Set in the city of Lincoln, Nebraska Wesleyan University is a mid-sized private not-for-profit institution. The average in-state cost of tuition and fees is $43,572. Students borrow a median of $27,000 to complete the musical theater program here. Early-career musical theater graduates make about $23,649. That is a strong return on a $27,000 median debt. The acceptance rate is 80%.
University Of Iowa came in at #3 on our 2027 list of the best value musical theater schools. Set in the city of Iowa City, University Of Iowa is a very large public institution. In-state tuition and fees average $11,283, with out-of-state students paying around $33,371. Students borrow a median of $26,622 to complete the musical theater program here. Early-career musical theater graduates make about $22,225. That is a strong return on a $26,622 median debt. The acceptance rate is 84%.
Stephens College came in at #4 on our 2027 list of the best value musical theater schools. Set in the city of Columbia, Stephens College is a small private not-for-profit institution. The average in-state cost of tuition and fees is $28,300. Musical Theater graduates carry a median of $27,000 in student loans. Soon after graduation, musical theater degree recipients from Stephens College generally make around $16,476. Weighed against typical debt, the earnings make a compelling case for value. Roughly 77% of applicants are accepted.
Webster University is a great value for students pursuing a degree in musical theater, landing the #5 spot this year. Webster University is a moderately-sized private not-for-profit school located in the suburb of Saint Louis. Expect in-state tuition and fees of around $31,750. Musical Theater graduates carry a median of $26,000 in student loans. Musical Theater graduates of Webster University earn a median of $13,182 early in their careers. That is a strong return on a $26,000 median debt. Webster University admits about 86% of applicants.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 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 · 5 schools evaluated.
*Averages shown above reflect the top 5 ranked schools only.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE), serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
More about our data sources and methodologies.