Median Earnings (1yr)
$24,016
40th percentile (40th in TN)
Median Debt
$25,988
At national median
Debt-to-Earnings
1.08
Elevated
Sample Size
59
Adequate data

Analysis

Belmont sits in the heart of Nashville's music industry, yet its music graduates earn less than most Tennessee music programs—landing below both the state median ($27,470) and the national average ($26,036). With earnings essentially flat between year one and year four (hovering around $24,000), graduates face a challenging financial reality even with the relatively manageable debt load of $26,000.

The comparison to other Tennessee schools is striking. Tennessee Tech music graduates earn nearly double what Belmont's do at $44,635, while even regional universities like Austin Peay ($39,008) and UT-Knoxville ($31,888) significantly outperform Belmont. This suggests that proximity to Music City doesn't automatically translate into better early-career outcomes, at least as measured by W-2 earnings. Keep in mind that many music careers involve freelance work, royalties, or other income that wouldn't appear in these federal data—so these figures may undercount total compensation for graduates building portfolio careers.

For families taking on $26,000 in debt, the key question is whether your student is pursuing the kind of music career where Nashville connections matter more than immediate earnings. If they're planning a traditional employment path in music education or commercial music, the numbers suggest exploring Tennessee's public universities first. If they're building toward performance, songwriting, or production work where industry access is everything, Belmont's location may offer value these earnings figures don't capture.

Where Belmont University Stands

Earnings vs. debt across all music bachelors's programs nationally

Belmont UniversityOther music 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 Belmont University graduates compare to all programs nationally

Belmont University graduates earn $24k, placing them in the 40th percentile of all music 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

Music bachelors's programs at peer institutions in Tennessee (35 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Belmont University$24,016$23,880$25,9881.08
Tennessee Technological University$44,635$36,814$17,5000.39
Austin Peay State University$39,008—$31,0000.79
The University of Tennessee-Knoxville$31,888$26,143$23,4530.74
East Tennessee State University$30,004$20,191$23,0000.77
Middle Tennessee State University$27,586$38,385$22,6080.82
National Median$26,036—$26,0001.00

Other Music Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Tennessee Technological University
Cookeville
$10,084$44,635$17,500
Austin Peay State University
Clarksville
$8,675$39,008$31,000
The University of Tennessee-Knoxville
Knoxville
$13,484$31,888$23,453
East Tennessee State University
Johnson City
$9,950$30,004$23,000
Middle Tennessee State University
Murfreesboro
$9,506$27,586$22,608

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 59 graduates with reported earnings and 64 graduates with debt data. Small samples may not be representative.