Median Earnings (1yr)
$68,235
17th percentile
60th percentile in Tennessee
Median Debt
$27,576
2% above national median

Analysis

Austin Peay's nursing graduates start strong with first-year earnings of $68,235, but face an unusual challenge: incomes actually drop to $63,880 by year four. While this decline runs counter to typical career progression, the program performs better than half of Tennessee's nursing programs—ranking in the 60th percentile statewide—suggesting this earnings pattern may reflect regional healthcare market dynamics rather than program quality alone. The modest debt load of $27,576 keeps the financial risk manageable, with graduates owing just 40% of their first-year income.

The gap between Austin Peay and Tennessee's top nursing programs is significant—graduates here earn about $13,000 less annually than peers from Strayer or Galen—but the program serves an important access mission, with 46% of students receiving Pell grants and a 96% admission rate. For families prioritizing affordability and a nursing credential over maximizing earnings potential, the math still works: even with the earnings dip, graduates earn enough to comfortably manage their debt.

The practical reality is that this program delivers reliable healthcare employment at a reasonable price, though graduates shouldn't expect the salary growth trajectory typical in nursing. Families should weigh whether the middle-of-the-pack Tennessee earnings justify staying in-state versus exploring higher-performing programs that might cost more upfront but deliver stronger long-term returns.

Where Austin Peay State University Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing 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

School1 Year4 YearsGrowth
Austin Peay State University$68,235$63,880-6%
Galen Health Institutes-Nashville Campus$76,234$82,003+8%
King University$68,012$73,580+8%
The University of Tennessee Health Science Center$70,619$70,002-1%
Tennessee State University$65,331$69,502+6%

Compare to Similar Programs in Tennessee

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Tennessee (32 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Austin Peay State UniversityClarksville$8,675$68,235$63,880$27,5760.40
Strayer University-TennesseeMemphis$13,920$81,061—$34,0400.42
Galen Health Institutes-Nashville CampusNashville$16,400$76,234$82,003$45,7750.60
Baptist Health Sciences UniversityMemphis$13,846$74,962$66,408$47,5000.63
University of MemphisMemphis$10,344$73,680$64,251$27,1680.37
The University of Tennessee-MartinMartin$10,208$71,727$65,594$25,2310.35
National Median—$74,888—$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 178 graduates with reported earnings and 164 graduates with debt data. Small samples may not be representative.