Median Earnings (1yr)
$35,699
5th percentile (40th in TN)
Median Debt
$28,987
11% above national median
Debt-to-Earnings
0.81
Manageable
Sample Size
24
Limited data

Analysis

Austin Peay State University's business program carries a significant caveat: with fewer than 30 graduates in the data, these earnings figures may not reflect the typical student experience. That said, the numbers tell a challenging story. Starting earnings of $35,699 fall in just the 5th percentile nationally for business programs—nearly $12,000 below what typical business graduates earn. While the program sits at the 40th percentile among Tennessee schools, that's partly because the state's median aligns closely with Austin Peay's debt load of $28,987. The bright spot is meaningful earnings growth: graduates see a 30% jump to $46,376 by year four, suggesting the degree does enable career progression.

The debt-to-earnings ratio of 0.81 means graduates owe roughly 10 months of their first year's salary—manageable but not comfortable given the below-average starting point. For a family considering Austin Peay's accessible 96% admission rate and service to a high proportion of Pell grant recipients, this program appears to fulfill a regional workforce need rather than position graduates for premium business careers. If your child is comparing options, note that Middle Tennessee State produces identical outcomes at the state median, while Christian Brothers delivers 60% higher starting salaries for what's likely a higher investment. Given the small sample size, request current placement data from Austin Peay directly before deciding.

Where Austin Peay State University Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Austin Peay State UniversityOther business/commerce programs

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 $36k, placing them in the 5th percentile of all business/commerce bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Tennessee

Business/Commerce bachelors's programs at peer institutions in Tennessee (10 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State University$35,699$46,376$28,9870.81
Christian Brothers University$57,670—$49,1250.85
Strayer University-Tennessee$55,431$59,763$56,5171.02
Middle Tennessee State University$40,100—$24,4500.61
Belmont University$39,325$55,388$24,0000.61
National Median$47,506—$26,0000.55

Other Business/Commerce Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Christian Brothers University
Memphis
$37,300$57,670$49,125
Strayer University-Tennessee
Memphis
$13,920$55,431$56,517
Middle Tennessee State University
Murfreesboro
$9,506$40,100$24,450
Belmont University
Nashville
$41,320$39,325$24,000

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 24 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.