Analysis
Looking at Tennessee's business economics landscape, programs across the state typically produce first-year earnings around $43,400—and that's exactly where Tennessee State graduates are projected to land based on peer programs. The estimated $21,125 debt burden sits below both the state and national medians for this degree, translating to a manageable 0.49 debt-to-earnings ratio. That's solid positioning for a school serving predominantly working-class students, with over half receiving Pell grants.
The gap that matters here is national versus local. While business economics programs nationwide post median earnings near $53,200, Tennessee's market operates about $10,000 lower. The state's largest programs—UT-Knoxville and Belmont—all cluster in this $43,000-$44,000 range, suggesting Tennessee State's estimated outcomes reflect realistic regional employment patterns rather than school-specific limitations. For students planning to work in Tennessee's economy, this is the market rate.
With relatively modest debt and earnings aligned with state competitors, this program offers reasonable economics for students who need an accessible entry point into business careers. The real question isn't whether the numbers work—they're competitive for Tennessee—but whether your child's career goals require staying in-state or would benefit from programs in higher-wage markets.
Where Tennessee State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Tennessee
Business/Managerial Economics 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 |
|---|---|---|---|---|---|
| $8,568 | $43,422* | — | $21,125* | — | |
| $13,484 | $44,025* | $62,859 | $23,847* | 0.54 | |
| $41,320 | $43,422* | — | —* | — | |
| $10,344 | $37,534* | $56,719 | $26,000* | 0.69 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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 Tennessee State University, approximately 52% 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 3 similar programs in TN. Actual outcomes may vary.