 Pegg attended Castle Hill Primary School, Brockworth Comprehensive Secondary School, and The King's School, Gloucester.Pegg moved to Stratford-upon-Avon, Warwickshire when he was 16 and studied English Literature and Theatre at Stratford-upon-Avon College.He graduated from the University of Bristol in 1991 with a BA in Theatre, Film, and Television, titling his undergraduate thesis "A Marxist overview of popular 1970s cinema and hegemonic discourses".