Median Earnings (1yr)
$58,550
94th percentile
80th percentile in Tennessee
Median Debt
$22,240
14% below national median

Analysis

Rhodes College graduates enter the business world earning $58,550—putting them ahead of 94% of business programs nationally and 80% in Tennessee. That's $15,600 more than the typical Tennessee business graduate and nearly $13,000 above the national median. With just $22,240 in debt (below both state and national averages), graduates carry one of the lighter debt loads among Tennessee's top-performing programs. The debt-to-earnings ratio of 0.38 means students can pay off their loans in well under a year if they're aggressive about it.

The trajectory looks equally solid. Four years out, median earnings climb to $72,782—a healthy 24% increase that suggests these graduates are advancing into management roles rather than stagnating. Rhodes trails only UT-Knoxville among Tennessee business programs, matching or beating schools like Tennessee Wesleyan and Union University. This performance is particularly notable given Rhodes' liberal arts focus, which sometimes disadvantages business students compared to programs at universities with stronger corporate recruiting pipelines.

The real story here is value: Rhodes delivers elite business outcomes (top 6% nationally) with below-average debt. For families willing to invest in a selective liberal arts education—the school's 1385 average SAT suggests strong peer networks—this program punches well above its modest 15% Pell Grant rate would suggest. You're essentially getting Tennessee's second-best business program outcomes at a manageable debt level.

Where Rhodes College Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Rhodes College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rhodes College$58,550$72,782+24%
The University of Tennessee-Knoxville$59,147$68,864+16%
Tennessee State University$40,077$53,542+34%
Lee University$40,193$53,318+33%
University of Memphis$47,611$52,880+11%

Compare to Similar Programs in Tennessee

Business Administration, Management and Operations bachelors's programs at peer institutions in Tennessee (38 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rhodes CollegeMemphis$54,892$58,550$72,782$22,2400.38
The University of Tennessee-KnoxvilleKnoxville$13,484$59,147$68,864$20,5000.35
Tennessee Wesleyan UniversityAthens$29,264$58,859$51,442$29,7500.51
Union UniversityJackson$38,450$58,201$36,947$33,3330.57
Bryan College-DaytonDayton$18,900$52,528$27,0000.51
Lipscomb UniversityNashville$38,824$51,379$27,2500.53
National Median$45,703$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Rhodes College, approximately 15% 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 53 graduates with reported earnings and 73 graduates with debt data. Small samples may not be representative.