No. It’s no doubt an excellent program with a lot of graduates working in regional theatre and a couple of minor “names,” but they have a ways to go to catch up with the Juilliards and CMUs of the world. They don’t even do an industry showcase.
Something else to consider is that the long term effects of Ken Washington’s untimely passing last fall combined with the retirement of Judy Bartl whose brainchild the program initially was along with Joe Dowling stepping down as Artistic Director of the Guthrie can’t be known at this time.
I’m sure it will remain an excellent program and most likely in the top 10-15 American undergraduate schools. But “best in the country” has always been overstated from back when they were a scrappy new program trying to steal students away from more established schools. They’ve now been around long enough to ascertain that those claims haven’t shown themselves to hold water in the real world.