Median Earnings (1yr)
$35,745
47th percentile (40th in TN)
Median Debt
$27,128
At national median
Debt-to-Earnings
0.76
Manageable
Sample Size
96
Adequate data

Analysis

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

Austin Peay State UniversityOther liberal arts and sciences, general studies and humanities 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 47th percentile of all liberal arts and sciences, general studies and humanities 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

Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Tennessee (29 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State University$35,745$36,831$27,1280.76
Lee University$45,678$34,588$28,9790.63
Middle Tennessee State University$45,074$45,804$29,7230.66
Union University$41,320$38,385——
Belmont University$41,245$59,218$29,4380.71
Tennessee State University$37,716$51,110$38,5621.02
National Median$36,340—$27,0000.74

Other Liberal Arts and Sciences, General Studies and Humanities Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Lee University
Cleveland
$22,690$45,678$28,979
Middle Tennessee State University
Murfreesboro
$9,506$45,074$29,723
Union University
Jackson
$38,450$41,320—
Belmont University
Nashville
$41,320$41,245$29,438
Tennessee State University
Nashville
$8,568$37,716$38,562

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.