Accounting at Austin Peay State University
Bachelor's Degree
Analysis
Accounting graduates from Austin Peay State University earn $37,566 in their first year—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 $53,000—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 outcomes—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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Austin Peay State University graduates compare to all programs nationally
Austin Peay State University graduates earn $38k, placing them in the 5th percentile of all accounting bachelors programs nationally.
Compare to Similar Programs in Tennessee
Accounting bachelors's programs at peer institutions in Tennessee (28 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Austin Peay State University | $37,566 | — | $21,588 | 0.57 |
| Tennessee State University | $53,620 | $50,033 | $29,250 | 0.55 |
| Lee University | $53,577 | $70,035 | $16,750 | 0.31 |
| The University of Tennessee-Knoxville | $53,197 | $71,799 | $22,000 | 0.41 |
| Strayer University-Tennessee | $52,373 | $56,398 | $54,989 | 1.05 |
| Middle Tennessee State University | $51,963 | $59,969 | $24,553 | 0.47 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in Tennessee
Compare tuition, earnings, and debt across Tennessee schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Tennessee State University Nashville | $8,568 | $53,620 | $29,250 |
| Lee University Cleveland | $22,690 | $53,577 | $16,750 |
| The University of Tennessee-Knoxville Knoxville | $13,484 | $53,197 | $22,000 |
| Strayer University-Tennessee Memphis | $13,920 | $52,373 | $54,989 |
| Middle Tennessee State University Murfreesboro | $9,506 | $51,963 | $24,553 |
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.