Analysis
A bachelor's degree in interdisciplinary studies typically leads to modest starting salaries, and this program appears to follow that pattern. Similar programs in Tennessee suggest first-year earnings around $37,200, which aligns closely with both state and national medians for this field. What's more encouraging is that by year four, graduates reach over $40,000—a trajectory that suggests steady if unspectacular growth in those early career years.
The estimated debt load of nearly $26,000 translates to a debt-to-earnings ratio of 0.69, which sits in reasonable territory but leaves little margin for error. Monthly loan payments on that amount would consume a meaningful chunk of a $37,000 salary, making the first few years financially tight. Tennessee's interdisciplinary studies programs cluster tightly in the mid-to-high $30,000s for starting pay, so there's little evidence that shopping around the state would yield dramatically different outcomes.
The central question is whether this particular program justifies its cost when peer institutions produce similar results. With limited actual outcome data available for this specific program, families should weigh what distinguishes Freed-Hardeman's approach—whether through faculty mentorship, campus resources, or career placement support—against alternatives. The numbers suggest a financially viable path, but not one with built-in cushion for unexpected setbacks or aggressive loan repayment.
Where Freed-Hardeman University Stands
Earnings vs. debt across all multi/interdisciplinary studies bachelors's 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 | — | $40,494 | — |
| Vanderbilt University | $37,276 | $60,205 | +62% |
| Belmont University | $37,264 | $47,428 | +27% |
| University of Memphis | $37,229 | $39,408 | +6% |
| Middle Tennessee State University | $38,272 | $38,553 | +1% |
Compare to Similar Programs in Tennessee
Multi/Interdisciplinary Studies bachelors's programs at peer institutions in Tennessee (20 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $25,000 | $37,247* | $40,494 | $25,878* | — | |
| $9,506 | $38,272* | $38,553 | $26,000* | 0.68 | |
| $63,946 | $37,276* | $60,205 | $12,000* | 0.32 | |
| $41,320 | $37,264* | $47,428 | $20,500* | 0.55 | |
| $10,344 | $37,229* | $39,408 | $30,430* | 0.82 | |
| $10,208 | $32,674* | $34,781 | $29,750* | 0.91 | |
| National Median | — | $38,704* | — | $25,495* | 0.66 |
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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 6 similar programs in TN. Actual outcomes may vary.