Analysis
A $45,000 starting salary based on national peer programs seems modest for a bachelor's degree from a university with Lipscomb's selectivity. The estimated debt of $25,396—drawn from similar private institutions—yields a manageable debt-to-earnings ratio of 0.56, which falls within reasonable bounds. But here's the practical reality: entrepreneurship programs are notoriously difficult to measure because many graduates launch businesses that don't generate immediate salary data, while others take conventional jobs that may underutilize their entrepreneurial training.
The limited sample size that triggered these estimates likely reflects the program's specialized nature rather than poor outcomes. Nationally, entrepreneurship bachelor's programs cluster tightly around $45,000 in first-year earnings, with even top performers reaching only $50,745—suggesting the credential itself doesn't command significant salary premiums early in graduates' careers. Middle Tennessee State's program, the only Tennessee comparison with reported data, shows similar earnings at $43,002.
For parents evaluating this investment, the question isn't really about the numbers—it's about fit. If your child plans to eventually start a business, the network and Nashville entrepreneurial ecosystem may justify the cost regardless of initial salary. But if they're uncertain about entrepreneurship or likely to pursue traditional employment, comparable business degrees often offer clearer return-on-investment paths with less ambiguity in the outcomes data.
Where Lipscomb University Stands
Earnings vs. debt across all entrepreneurial and small business operations bachelors's programs nationally
Compare to Similar Programs in Tennessee
Entrepreneurial and Small Business Operations bachelors's programs at peer institutions in Tennessee (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,824 | $45,265* | — | $25,396* | — | |
| $9,506 | $43,002* | $35,270 | —* | — | |
| National Median | — | $45,265* | — | $24,125* | 0.53 |
Career Paths
Occupations commonly associated with entrepreneurial and small business operations graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
Wind Energy Operations Managers
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 Lipscomb University, approximately 21% 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 national median of 67 similar programs. Actual outcomes may vary.