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American Musical and Dramatic Academy

Private nonprofit New York, NY · Urban · Mid-Atlantic · 93% data reported · Agent Insights
72%
Graduation Rate
$26,975
Earnings (10yr)
$41,416
Net Price
24%
Acceptance Rate

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Overview

American Musical and Dramatic Academy is a solid choice for students passionate about the arts, especially those drawn to visual and performing arts. With an acceptance rate of just 24%, it attracts dedicated artists ready to hone their craft in a vibrant setting like New York City. The school has a focused curriculum that prepares students for careers in theater, music, and other performance disciplines, making it a hub for aspiring performers.

After graduation, students can expect to earn an average of $26,975 within a decade. While this figure may seem modest, it reflects a commitment to artistic endeavors rather than traditional career paths. The affordability of the education is worth noting, with about 33% of students receiving Pell Grants, which helps ease financial burdens for those from lower-income backgrounds. This support can make a significant difference in pursuing a fulfilling career in the arts.

When it comes to costs, the net price for students after financial aid is $41,416, which can be a considerable investment. With a median debt load of $15,250, many graduates find themselves managing a reasonable amount of student loans. Those who thrive here are typically those deeply committed to their art and willing to navigate the challenges of a creative career in a city known for its competitive landscape.

How American Compares

Dot right of center = above national average.

NATIONAL AVGGraduation72%Earnings 10yr$27KNet Price$41KRetention83%Median Debt$15KPell Grant Rate33%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$25K$0-30K$28K$30-48K$44K$48-75K$59K$110K+

The Mobility Equation

Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?

ACCESS% from bottom 20%684.9%SUCCESS% who reach top 20%1025.8%MOBILITY70.26%

Cost & Financial Aid

$46,928
In-State Tuition
$46,928
Out-of-State
$41,416
Avg Net Price
$15,250
Median Debt
33%
Pell Grant Rate
59%
Federal Loan Rate

What Families Actually Pay

$25,437
Family Income $0–$30K
$27,924
Family Income $30K–$48K
$43,968
Family Income $48K–$75K
$59,423
Family Income $110K+

Graduate Outcomes

$21,168
6 Years After Entry
$23,876
8 Years
$26,975
10 Years
0.57x
Debt-to-Earnings
40%
Earning > $25K

Earnings Trajectory

$21,168 6yr $23,876 8yr $26,975 10yr

Social Mobility

Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records

70.26%
Mobility Rate
Bottom 20% → Top 20%
1025.8%
Success Rate
If bottom 20% get in
684.9%
From Bottom 20%
Share of students
$88,800
Parent Median Income

Social Capital

Data: Opportunity Insights Social Capital Atlas

1.76
Economic Connectedness
Cross-class friendships
-0.03
Friending Bias
Lower = more inclusive
9.8%
Volunteering Rate
1.00
Support Ratio
Community support

Academics & Admissions

Acceptance Rate 24%
Retention Rate 83%
Full-Time Faculty 32%
Faculty Salary (mo) $6,293
Diversity Index 0.84
First-Gen Students 25%

Top Programs

Visual & Performing Arts 100%

Quick Facts

Setting Urban
Region Mid-Atlantic
Accreditor Western Association of Schools and Colleges Senior Colleges and University Commission
Predominant Degree Certificate

Student Body

Female
70%
White
30%
Hispanic
17%
Black
17%
Asian
2%

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Opportunity Insights Social Capital Atlas

Our methodology →