Analysis
Is a bachelor's in business management worth taking on debt when the financial picture is based entirely on estimates? For Welch College, we're working with figures drawn from similar Tennessee programs—roughly $43,000 in first-year earnings and $26,500 in debt—because the school's graduate pool is too small for the Department of Education to publish actual outcomes.
That estimated debt load represents about seven months of anticipated first-year salary, which falls within a manageable range by conventional standards. However, the earnings figure sits nearly $3,000 below the national median for business management bachelor's degrees, and Welch's peer institutions in Tennessee are producing dramatically different results. Top programs in the state report first-year earnings in the high-$50,000s—roughly $15,000 more than what comparable programs suggest for Welch graduates.
The core challenge here isn't just the estimation uncertainty—it's that even if these figures prove accurate, they place the program in the bottom tier of Tennessee business schools. With more than three dozen options in the state and clearer outcome data available elsewhere, parents should question whether choosing a program with no track record of reported earnings makes sense when proven alternatives exist nearby. If Welch offers something uniquely valuable beyond career earnings—perhaps a faith-based environment or specialized mentorship—that context becomes essential to the decision.
Where Welch College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $20,796 | $42,938* | — | $26,560* | — | |
| $13,484 | $59,147* | $68,864 | $20,500* | 0.35 | |
| $29,264 | $58,859* | $51,442 | $29,750* | 0.51 | |
| $54,892 | $58,550* | $72,782 | $22,240* | 0.38 | |
| $38,450 | $58,201* | $36,947 | $33,333* | 0.57 | |
| $18,900 | $52,528* | — | $27,000* | 0.51 | |
| National Median | — | $45,703* | — | $26,000* | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales 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 Welch College, approximately 27% 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 28 similar programs in TN. Actual outcomes may vary.