2027 Best Value Theatre/Theatre Arts Management Schools in the Great Lakes Region

[Theatre/Theatre Arts Management](/majors/visual-and-performing-arts/arts-media-management/theatre-theatre-arts-management/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong theatre/theatre arts management education at a price that pays off.
For its 2027 best-value ranking, College Factual looked at 3 schools to find the best return on investment for theatre/theatre arts management students.
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2027 Best Value Theatre/Theatre Arts Management Schools in the Great Lakes Region
Below are the schools that deliver the strongest value in theatre/theatre arts management, balancing cost against outcomes.
Best Value Theatre/Theatre Arts Management Schools
Ohio University Main Campus earned the #1 spot for value among theatre/theatre arts management schools in the Great Lakes Region. Located in the town of Athens, Ohio University Main Campus is a very large public university. The average in-state cost of tuition and fees is $14,158, with out-of-state students paying around $24,838. Theatre/theatre Arts Management graduates carry a median of $24,546 in student loans. Theatre/theatre Arts Management graduates of Ohio University Main Campus earn a median of $49,736 early in their careers. Set against $24,546 in median debt, that is a healthy payoff. Ohio University Main Campus admits about 85% of applicants.
The strong cost-to-outcome balance at Columbia College Chicago earned it the #2 place for theatre/theatre arts management. Set in the city of Chicago, Columbia College Chicago is a moderately-sized private not-for-profit institution. Students from in state pay about $34,088 in tuition and fees. Students borrow a median of $26,000 to complete the theatre/theatre arts management program here. Theatre/theatre Arts Management graduates of Columbia College Chicago earn a median of $29,160 early in their careers. Set against $26,000 in median debt, that is a healthy payoff. The acceptance rate is 90%.
The strong cost-to-outcome balance at Depaul University earned it the #3 place for theatre/theatre arts management. Located in the city of Chicago, Depaul University is a very large private not-for-profit university. In-state tuition and fees average $45,405. Theatre/theatre Arts Management graduates carry a median of $25,340 in student loans. Soon after graduation, theatre/theatre arts management degree recipients from Depaul University generally make around $55,390. That is a strong return on a $25,340 median debt. The acceptance rate is 76%.
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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 · 3 schools evaluated.
*Averages shown above reflect the top 3 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.