Economics at The University of Tennessee-Knoxville
Bachelor's Degree
Analysis
UT Knoxville's economics program starts graduates well below where you'd expect, but the trajectory tells a more optimistic story. First-year earnings of $46,302 trail both the national median ($51,722) and Tennessee's median ($58,173) by substantial margins—this program ranks in just the 25th percentile among Tennessee economics programs. However, by year four, earnings jump 41% to reach $65,281, actually surpassing the national benchmark and closing much of the gap with state peers.
The debt picture looks reasonable at $21,650, creating a manageable 0.47 ratio to first-year earnings. What's puzzling is the initial earnings gap: comparable programs at Rhodes College and The University of the South start graduates around $58,000, suggesting UT Knoxville students may be entering different industries or job markets initially. The strong growth curve indicates these graduates catch up quickly, possibly as they move into more traditional economics career paths or complete graduate degrees.
For parents, this means budgeting for a slower financial start—your child likely won't match their peers' early salaries—but the four-year data suggests the degree holds its value over time. If your student needs immediate earning power after graduation to service debt or support themselves, programs with stronger first-year outcomes might warrant consideration. But if they have runway to build their career, the eventual earnings justify the investment.
Where The University of Tennessee-Knoxville Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How The University of Tennessee-Knoxville graduates compare to all programs nationally
The University of Tennessee-Knoxville graduates earn $46k, placing them in the 28th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Tennessee
Economics bachelors's programs at peer institutions in Tennessee (16 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| The University of Tennessee-Knoxville | $46,302 | $65,281 | $21,650 | 0.47 |
| Vanderbilt University | $84,311 | $104,258 | $12,424 | 0.15 |
| The University of the South | $58,532 | $65,318 | $24,798 | 0.42 |
| Rhodes College | $57,814 | — | $19,500 | 0.34 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Tennessee
Compare tuition, earnings, and debt across Tennessee schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Vanderbilt University Nashville | $63,946 | $84,311 | $12,424 |
| The University of the South Sewanee | $53,698 | $58,532 | $24,798 |
| Rhodes College Memphis | $54,892 | $57,814 | $19,500 |
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 The University of Tennessee-Knoxville, 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.
Sample Size: Based on 36 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.