Jacobson has been a Professor of Theatre at The George Washington University since 1977. She served as Chair of the Department of Theatre & Dance for 13 years, during which time she helped bring the Academy for Classical Acting to GW, and inaugurated several other new courses and programs.
In 2003, Jacobson began a relationship with the impoverished rural township of Winterveldt, South Africa. In collaboration with composer Roy Barber, she has created seven music/theatre pieces with at-risk youth from the Bokamoso Youth Centre in Winterveldt, addressing the many challenges confronting these youth. Since 2003, she has helped organize an annual cultural exchange program, where 12 youth travel to Washington each January to perform and serve as informal ambassadors to the D.C. community. They have a residency at GW. Each summer, Jacobson takes GW students with her to work at the Bokamoso Youth Centre.
In 2008, Jacobson was awarded a Fulbright Senior Research Fellowship to Australia. She was a member of the 2001 Leadership America class, joining 99 other women leaders from around the country; and is a past president of the League of Washington Theatres. She graduated cum laude with a degree in Theatre, from Northwestern University, and with a Master of Fine Arts in Directing from Boston University.