Analysis
A $43,422 starting salary puts Belmont's business economics graduates right at Tennessee's median for the program—but about $10,000 behind the national benchmark of $53,219. That 17th percentile national ranking reveals the challenge: while this performs decently within Tennessee's market, it trails most comparable programs nationwide. Based on national patterns at similar institutions, graduates likely carry around $24,000 in debt, producing a manageable 0.55 debt-to-earnings ratio that suggests loan payments won't overwhelm early-career budgets.
The relative weakness here is less about debt burden than earning potential. These graduates start within a few thousand dollars of University of Tennessee-Knoxville's outcomes but pay significantly more in tuition to get there. For a family considering Belmont's price premium over public alternatives, that math requires scrutiny. The program's middling national performance suggests it may not deliver the competitive edge families might expect from a private institution.
For parents, the practical question is whether Belmont's environment and networks justify paying more for similar Tennessee-level outcomes. If staying in Nashville is the goal and debt stays near these estimates, the financial picture works. But families hoping this degree will unlock top-tier business opportunities nationally should recognize they're starting from the back half of the pack in earnings—a gap that matters when competing for advancement in major markets.
Where Belmont University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Earnings Distribution
How Belmont University graduates compare to all programs nationally
Compare to Similar Programs in Tennessee
Business/Managerial Economics bachelors's programs at peer institutions in Tennessee (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,320 | $43,422 | — | $24,000* | — | |
| $13,484 | $44,025 | $62,859 | $23,847* | 0.54 | |
| $10,344 | $37,534 | $56,719 | $26,000* | 0.69 | |
| National Median | — | $53,219 | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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 Belmont University, approximately 19% 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 16 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.