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
Earnings Distribution
How Belmont 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 |
|---|---|---|---|
| Belmont University | $24,016 | $23,880 | -1% |
| University of Memphis | $27,353 | $41,074 | +50% |
| Middle Tennessee State University | $27,586 | $38,385 | +39% |
| Tennessee Technological University | $44,635 | $36,814 | -18% |
| The University of Tennessee-Knoxville | $31,888 | $26,143 | -18% |
Compare to Similar Programs in Tennessee
Music bachelors's programs at peer institutions in Tennessee (35 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $41,320 | $24,016 | $23,880 | $25,988 | 1.08 | |
| $10,084 | $44,635 | $36,814 | $17,500 | 0.39 | |
| $8,675 | $39,008 | — | $31,000 | 0.79 | |
| $13,484 | $31,888 | $26,143 | $23,453 | 0.74 | |
| $9,950 | $30,004 | $20,191 | $23,000 | 0.77 | |
| $9,506 | $27,586 | $38,385 | $22,608 | 0.82 | |
| National Median | — | $26,036 | — | $26,000 | 1.00 |
Career Paths
Occupations commonly associated with music graduates
Art, Drama, and Music Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Music Directors and Composers
Sound Engineering Technicians
Musicians and Singers
Disc Jockeys, Except Radio
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.