Median Earnings (1yr)
$64,784
5th percentile
40th percentile in Tennessee
Median Debt
$24,800
8% below national median

Analysis

Freed-Hardeman's nursing program starts strong with first-year earnings of $64,784, but then takes an unusual turn: by year four, graduates earn $53,436—a 17% decline that's rare in nursing and suggests graduates may be shifting to part-time work, leaving the field, or facing regional market constraints. While the program ranks at the 40th percentile among Tennessee nursing schools (just below the state median of $67,094), it trails significantly behind top in-state options like Strayer Tennessee ($81,061) and even public alternatives like UT-Martin ($71,727).

The $24,800 debt load is reasonable—lower than both state and national medians—which means the immediate financial burden isn't alarming. However, that declining earnings trajectory changes the calculus. Most nursing programs show stable or growing earnings as new nurses gain experience and certifications; here, something disrupts that pattern after graduation.

For families considering this program, the question becomes: what happens after that first year? If your child plans to stay in rural West Tennessee where jobs may be limited, or if they're considering graduate school or a career shift, this trajectory might reflect intentional choices rather than program weakness. But if the goal is a traditional nursing career with increasing earning power, you'd likely see better returns at UT-Martin (higher earnings, similar cost) or Baptist Health Sciences University in Memphis.

Where Freed-Hardeman University Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing 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

School1 Year4 YearsGrowth
Freed-Hardeman University$64,784$53,436-18%
Galen Health Institutes-Nashville Campus$76,234$82,003+8%
King University$68,012$73,580+8%
The University of Tennessee Health Science Center$70,619$70,002-1%
Tennessee State University$65,331$69,502+6%

Compare to Similar Programs in Tennessee

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Tennessee (32 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Freed-Hardeman UniversityHenderson$25,000$64,784$53,436$24,8000.38
Strayer University-TennesseeMemphis$13,920$81,061$34,0400.42
Galen Health Institutes-Nashville CampusNashville$16,400$76,234$82,003$45,7750.60
Baptist Health Sciences UniversityMemphis$13,846$74,962$66,408$47,5000.63
University of MemphisMemphis$10,344$73,680$64,251$27,1680.37
The University of Tennessee-MartinMartin$10,208$71,727$65,594$25,2310.35
National Median$74,888$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 72 graduates with reported earnings and 69 graduates with debt data. Small samples may not be representative.