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2027 Best Value Theater Arts Schools in Indiana

5 Colleges in the United States
$21,989 Avg Student Debt
$66,770 Avg Median Earnings (10yr)
2027 Best Value Theater Arts Badge [Theater Arts](/majors/visual-and-performing-arts/drama-and-theater-arts/theater-arts/) degree programs vary widely in price and payoff across the country. A high-value program keeps cost low while graduates go on to earn well.

For its 2027 best-value ranking, College Factual looked at 5 schools to find the best return on investment for theater arts students.

What’s on this page:

2027 Best Value Theater Arts Schools in Indiana

If you want to know which schools deliver the best value for the theater arts degrees they offer, see the list below.

Best Value Theater Arts Schools

1
Purdue University Main Campus crest
Purdue University Main Campus
West Lafayette, IN

Purdue University Main Campus tops our 2027 list of the best value theater arts schools in Indiana. Set in the city of West Lafayette, Purdue University Main Campus is a very large public institution. Expect in-state tuition and fees of around $9,992, compared with $28,794 for out-of-state students. Typical student debt for theater arts graduates is $19,844. Theater Arts graduates of Purdue University Main Campus earn a median of $63,111 early in their careers. That is a strong return on a $19,844 median debt. The acceptance rate is 50%.

2

Indiana University Purdue University Fort Wayne is a great value for students pursuing a degree in theater arts, landing the #2 spot this year. Located in the city of Fort Wayne, Indiana University Purdue University Fort Wayne is a moderately-sized public university. In-state tuition and fees average $9,532, while out-of-state students pay about $22,887. Students borrow a median of $24,119 to complete the theater arts program here. Theater Arts graduates of Indiana University Purdue University Fort Wayne earn a median of $49,424 early in their careers. That is a strong return on a $24,119 median debt. The acceptance rate is 84%.

3

The strong cost-to-outcome balance at Ball State University earned it the #3 place for theater arts. Ball State University is a very large public school located in the city of Muncie. Students from in state pay about $11,082 in tuition and fees, with out-of-state students paying around $29,630. Typical student debt for theater arts graduates is $24,984. Theater Arts graduates of Ball State University earn a median of $23,748 early in their careers. Set against $24,984 in median debt, that is a healthy payoff. The acceptance rate is 86%.

4

Students looking for strong value in theater arts will find it at Indiana University Bloomington, which ranked #4. Set in the city of Bloomington, Indiana University Bloomington is a very large public institution. Expect in-state tuition and fees of around $12,144, while out-of-state students pay about $41,891. Typical student debt for theater arts graduates is $22,000. Early-career theater arts graduates make about $20,815. Weighed against typical debt, the earnings make a compelling case for value. Indiana University Bloomington admits about 78% of applicants.

5

University Of Notre Dame is a great value for students pursuing a degree in theater arts, landing the #5 spot this year. University Of Notre Dame is a large private not-for-profit school located in the suburb of Notre Dame. In-state tuition and fees average $65,025. Students borrow a median of $19,000 to complete the theater arts program here. Early-career theater arts graduates make about $37,531. That is a strong return on a $19,000 median debt. Roughly 11% of applicants are accepted.

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Notes and References

The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, 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.

More about our data sources and methodologies.

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