<p>Some observations from a guy who started out in theater, is still AEA, keeps an oar in the theater water for fun, and has consulted to many Fortune 500 human resource departments while teaching at a large university:</p>
<ol>
<li><p>Employers cast a jaundiced eye on any theater major, whether it be a BA or BFA. I'm not sure how many corporate types know the difference in the two degrees, but I can say that a quick scan of a transcript that includes many courses in vocal performance, movement for the actor, etc. will raise an eyebrow or two. Businesses tend to be staffed, at the higher levels, by non-artists. And I believe I can safely say that artists and those who think good art is a cardboard copy of dogs playing poker nailed to the wall, have a difficult time understanding each other.</p></li>
<li><p>The value of a BA degree is, simply, in the general skills one <i>should</i> acquire. These skills include such things as the ability to recognize logical fallacies, construct a convincing argument, conduct meaningful research, tease meaning out of symbolic mush, use the scientific method appropriately and well, and write (and think) cogently, convincingly, and economically. To the degree that BFA courses focusing on very specific skills, such as stage combat, interfere with the time needed to take courses that sharpen those general skills, the BFA impedes one's ability to function at a high level outside the theater world.</p></li>
<li><p>I, and most of the colleagues with whom I correspond regularly, pretty much agree that it is not possible to acquire those general skills, at the highest level one is capable of achieving, at most colleges. When it comes to preparation entering college, the Millennials tend to be about 1.5 to 2 years behind the Xers (and maybe Boomers, but I didn't teach in those days). I believe they actually fall further behind during their college years in most institutions. It is simply not possible to teach valuable, general skills when classes the first two years contain a high percentage of remedial material, and the reading and comprehension skills of the average student are rudimentary.</p></li>
<li><p>There are still colleges that produce excellent results, but they tend to be (with a very few and very admirable exceptions) those that attract students with elite academic skills. No remedial material at those places.</p></li>
</ol>
<p>All of what I've written above is, of course, subjective. But I do believe it represents consensus among faculty across a wide range of institutions.</p>
<p>Now, here's something even more subjective: I have little regard for the BFA. My experience with actors who have only BFAs is that they tend to have very poor skills in script interpretation, understand little of psychology and its obvious application to the theater world, almost never do research, and are often intellectually incurious to the detriment of their work. BFA actors do learn a lot of useful tricks to make them more employable in theater immediately coming out of college, perhaps, but I believe that the BFA tends to inhibit their growth, so that they often end up using the same old tired tricks throughout their careers.</p>
<p>I suggest you consider getting a BA or, perhaps, more than one BA, and then going on to get an MFA. If you want a career in theater, I think that education would serve you better, in the long-term.</p>