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Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).","url":"https://educationguide.com/colleges/university-of-memphis/majors/theatre","ids":{"ipeds_unitid":220862,"cip4":"50.05","school_slug":"university-of-memphis","major_slug":"theatre"},"school":{"name":"University of Memphis","city":"Memphis","state":"TN","control":"Public","url":"https://educationguide.com/colleges/university-of-memphis","data":"https://educationguide.com/data/colleges/university-of-memphis.json"},"major":{"name":"Theatre","area":"Arts & Design","credential":"Bachelor's degree"},"outcomes":{"median_earnings_1yr":19055,"median_earnings_4yr":38440,"median_debt":22875,"debt_to_earnings_4yr":0.595,"year":{"earnings_1yr":"Treasury AY2018-19, AY2019-20 pooled earnings cohort measured in CY2020, CY2021, inflation adjusted to 2022 dollars","earnings_4yr":"Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars","debt":"NSLDS pooled AY2018-19, AY2019-20 cohort"},"source":"College Scorecard field of study (graduates who received federal aid)"},"national":{"colleges_reporting":251,"median_earnings_4yr":40085,"median_debt":25000},"compared_with_same_major":{"calculated_by":"EducationGuide","state":{"geography":"TN","colleges_reporting":4,"median_earnings_4yr":35810,"difference":2630},"us":{"colleges_reporting":251,"median_earnings_4yr":40085,"difference":-1645},"note":"State and U.S. medians are the median of each covered college's graduates in this major (4 years after graduating); a state median is published when at least 3 colleges in the state report earnings."},"value":{"calculated_by":"EducationGuide","time_to_finish":{"average_years_among_graduates":4.46,"finished_in_4_years":0.3089,"finished_within_6_years":0.4942,"cohort":2606,"entering_class":"Fall 2017","source":"IPEDS Graduation Rates (bachelor's-seeking cohort)"},"baseline":{"median_earnings_high_school_graduates":34518,"geography":"TN","ages":"25-34","years":"2020-2024","respondents":8611,"description":"high school graduates ages 25-34 in TN (Census ACS 2020-2024)","source":"U.S. Census Bureau ACS 5-year PUMS (microdata): ages 25-34, high school diploma or GED as highest level, not enrolled, earnings > 0; EducationGuide calculation"},"earnings_used":38440,"earnings_basis":"median earnings of this major's graduates 4 years after graduating (College Scorecard field of study); school-wide net price","by_family_income":{"0-30k":{"net_price_per_year":10607,"cost_to_finish":47307,"payback_years":12.1,"payback_status":"ok","payback_text":"12.1 years"},"30-48k":{"net_price_per_year":10968,"cost_to_finish":48917,"payback_years":12.5,"payback_status":"ok","payback_text":"12.5 years"},"48-75k":{"net_price_per_year":13923,"cost_to_finish":62097,"payback_years":15.8,"payback_status":"ok","payback_text":"15.8 years"},"75-110k":{"net_price_per_year":17384,"cost_to_finish":77533,"payback_years":19.8,"payback_status":"ok","payback_text":"19.8 years"},"110k+":{"net_price_per_year":18691,"cost_to_finish":83362,"payback_years":21.3,"payback_status":"over_cap","payback_text":"more than 20 years"}},"method":"cost_to_finish = max(0, net price per year) x average years graduates took; payback_years = cost_to_finish / (earnings_used - baseline), one decimal; status over_cap above 20 years, no_premium when earnings do not exceed the baseline. 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