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
Earnings Distribution
How Freed-Hardeman 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 |
|---|---|---|---|
| Freed-Hardeman University | $44,142 | $64,039 | +45% |
| Biola University | $37,518 | $44,355 | +18% |
| Dallas Baptist University | $37,958 | $42,651 | +12% |
| Indiana Wesleyan University-Marion | $46,674 | $41,595 | -11% |
| Johnson University | $32,078 | $36,287 | +13% |
Compare to Similar Programs in Tennessee
Bible/Biblical Studies 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 |
|---|---|---|---|---|---|
| $25,000 | $44,142 | $64,039 | $25,000 | 0.57 | |
| $20,318 | $32,078 | $36,287 | $24,375 | 0.76 | |
| National Median | — | $33,918 | — | $25,000 | 0.74 |
Career Paths
Occupations commonly associated with bible/biblical studies graduates
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.