Median Earnings (1yr)
$37,566
5th percentile
25th percentile in Tennessee
Median Debt
$21,588
14% below national median

Analysis

Accounting graduates from Austin Peay State University earn $37,566 in their first yearβ€”roughly $14,000 below Tennessee's median for accounting programs and nearly $16,000 below the national benchmark. While the debt load of $21,588 is manageable in absolute terms, it's still positioned unfavorably compared to peers: at the 76th percentile nationally, meaning three-quarters of accounting programs nationwide send graduates out with less debt. Even within Tennessee, where this program ranks in just the 25th percentile for earnings, nearby alternatives like Tennessee State and UT-Knoxville produce graduates earning around $53,000β€”a $15,000 annual difference that compounds significantly over a career.

The value disconnect becomes clearer when you consider the practical implications. That $37,566 starting salary translates to roughly $3,130 monthly before taxes, while managing a debt payment that, though not crushing, eats into an already modest paycheck. For a household-supporting profession like accounting, where certifications and continuing education add additional costs, starting this far behind regional peers creates real financial pressure. The 96% admission rate and 46% Pell Grant rate suggest Austin Peay serves students who may have fewer alternatives, but families should understand they're not getting a discount on outcomesβ€”they're taking on near-average debt for significantly below-average returns in a field where employers typically don't distinguish much between state universities.

Where Austin Peay State University Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Austin Peay State University graduates compare to all programs nationally

Compare to Similar Programs in Tennessee

Accounting bachelors's programs at peer institutions in Tennessee (28 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State UniversityClarksville$8,675$37,566β€”$21,5880.57
Tennessee State UniversityNashville$8,568$53,620$50,033$29,2500.55
Lee UniversityCleveland$22,690$53,577$70,035$16,7500.31
The University of Tennessee-KnoxvilleKnoxville$13,484$53,197$71,799$22,0000.41
Strayer University-TennesseeMemphis$13,920$52,373$56,398$54,9891.05
Middle Tennessee State UniversityMurfreesboro$9,506$51,963$59,969$24,5530.47
National Medianβ€”$53,694β€”$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Austin Peay State University, approximately 46% 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.

Sample Size: Based on 30 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.