Liberal Arts and Sciences, General Studies and Humanities at Austin Peay State University
Bachelor's Degree
apsu.eduAnalysis
Austin Peay's Liberal Arts program leaves graduates earning nearly $2,000 less than the Tennessee median for this field—landing in just the 40th percentile statewide. First-year earnings of $35,745 trail not only top performers like Lee University ($45,678) but also nearby Middle Tennessee State by almost $10,000. With 46% of students receiving Pell grants, many families here are counting on solid post-graduation outcomes, and these numbers suggest they're not quite getting them relative to other Tennessee options.
The debt picture is slightly better news: at $27,128, graduates borrow about $1,800 less than the state median, keeping the debt-to-earnings ratio manageable at 0.76. However, earnings growth over four years is minimal—just 3%—meaning graduates see their income plateau quickly rather than building momentum. Within Tennessee's landscape of 29 programs, this one sits squarely in the middle for both earnings and debt, which isn't necessarily problematic but doesn't offer a clear advantage either.
For families specifically targeting liberal arts in Tennessee, this program delivers baseline outcomes at a reasonable price. But if maximizing early-career earnings matters—particularly for students taking on debt—comparing offers from Middle Tennessee State or even Tennessee State is worth the effort. The nearly open admission means access is easy; the question is whether average outcomes justify choosing Austin Peay over stronger-performing alternatives within an hour's drive.
Where Austin Peay State University Stands
Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally
Earnings Distribution
How Austin Peay State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Austin Peay State University | $35,745 | $36,831 | +3% |
| Belmont University | $41,245 | $59,218 | +44% |
| Tennessee State University | $37,716 | $51,110 | +36% |
| Middle Tennessee State University | $45,074 | $45,804 | +2% |
| University of Memphis | $37,158 | $41,474 | +12% |
Compare to Similar Programs in Tennessee
Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Tennessee (29 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,675 | $35,745 | $36,831 | $27,128 | 0.76 | |
| $22,690 | $45,678 | $34,588 | $28,979 | 0.63 | |
| $9,506 | $45,074 | $45,804 | $29,723 | 0.66 | |
| $38,450 | $41,320 | $38,385 | — | — | |
| $41,320 | $41,245 | $59,218 | $29,438 | 0.71 | |
| $8,568 | $37,716 | $51,110 | $38,562 | 1.02 | |
| National Median | — | $36,340 | — | $27,000 | 0.74 |
Career Paths
Occupations commonly associated with liberal arts and sciences, general studies and humanities 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 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 96 graduates with reported earnings and 130 graduates with debt data. Small samples may not be representative.