Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Funeral service careers demand specialized training, but the economics look manageable for this path. Based on comparable programs nationally, Arkansas State graduates likely start around $44,700—a solid entry point for an associate degree that typically leads to stable, predictable work. The estimated debt load of roughly $17,000 translates to a debt-to-earnings ratio of 0.38, meaning graduates would owe less than four months of their first-year salary.
The real question is whether this specific program delivers the hands-on experience and licensure preparation that funeral service demands. With only three schools offering this degree in Arkansas, students have limited in-state options, making program quality and industry connections particularly important. Funeral service is a profession where local reputation matters—funeral homes tend to hire from programs they know and trust. Whether Arkansas State has those established relationships isn't captured in estimated earnings data.
For families weighing this investment, the numbers suggest reasonable financial risk. The estimated debt is notably lower than the national median of $20,000 for funeral service programs, and the field offers something increasingly rare: career stability in an essential service. The key due diligence lies beyond the spreadsheet—visit the campus facilities, ask about placement rates at specific funeral homes, and verify that the program meets Arkansas licensing requirements. If those pieces align, the financial foundation appears sound enough to build on.
Where Arkansas State University Stands
Earnings vs. debt across all funeral service and mortuary science associates's programs nationally
Compare to Similar Programs Nationally
Funeral Service and Mortuary Science associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,754 | $44,695* | — | $17,063* | — | |
| $19,325 | $52,580* | $56,293 | $34,677* | 0.66 | |
| $4,308 | $50,953* | $39,709 | $22,675* | 0.45 | |
| — | $50,340* | $46,147 | $21,812* | 0.43 | |
| $24,800 | $50,043* | $53,137 | $15,333* | 0.31 | |
| $5,040 | $49,566* | $44,675 | —* | — | |
| National Median | — | $44,695* | — | $20,000* | 0.45 |
Career Paths
Occupations commonly associated with funeral service and mortuary science graduates
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Arkansas State University, approximately 37% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 23 similar programs. Actual outcomes may vary.