Median Earnings (1yr)
$44,142
94th percentile (60th in TN)
Median Debt
$25,000
At national median
Debt-to-Earnings
0.57
Manageable
Sample Size
16
Limited data

Analysis

Freed-Hardeman's Biblical Studies graduates earn significantly more than typical Bible program graduates nationally—$44,142 versus a $33,918 median—placing them in the 94th percentile. The trajectory looks even better four years out, with earnings jumping to $64,039, a 45% increase that's unusual for ministry-focused degrees. Within Tennessee, however, this represents middle-of-the-pack performance (60th percentile), suggesting the program benefits from being in a relatively strong state for this field rather than offering unique advantages.

The $25,000 debt load equals both state and national medians, creating a reasonable debt-to-earnings ratio of 0.57. That means graduates carry less than seven months of their first-year salary in debt—manageable for a field often associated with lower compensation. The strong earnings growth suggests graduates either move into church leadership roles or pivot to adjacent careers that reward their skills.

The significant caveat: these figures come from fewer than 30 graduates, so individual outcomes likely vary widely. One or two high earners could be skewing the numbers upward. Still, if your child feels called to ministry and wants formal training, this program's combination of affordable debt and above-average earnings makes it a viable path—just recognize they're entering a field where compensation depends heavily on specific roles and church sizes rather than the degree alone.

Where Freed-Hardeman University Stands

Earnings vs. debt across all bible/biblical studies bachelors's programs nationally

Freed-Hardeman UniversityOther bible/biblical studies 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 Freed-Hardeman University graduates compare to all programs nationally

Freed-Hardeman University graduates earn $44k, placing them in the 94th percentile of all bible/biblical studies 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

Bible/Biblical Studies bachelors's programs at peer institutions in Tennessee (12 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Freed-Hardeman University$44,142$64,039$25,0000.57
Johnson University$32,078$36,287$24,3750.76
National Median$33,918—$25,0000.74

Other Bible/Biblical Studies Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Johnson University
Knoxville
$20,318$32,078$24,375

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 Freed-Hardeman University, approximately 22% 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 21 graduates with debt data. Small samples may not be representative.