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79.8%Acceptance
$34,700Tuition
1,374Students
46%Grad Rate (6-yr)
$48,382Earnings
Private nonprofit4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IIStudy AbroadData: 2023-24Baptist
Return on Investment: Good

At $18,661/yr net price, Carson-Newman University graduates earn $48,382/yr within 10 years of enrollment, which is $14,382/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Carson-Newman University
Metric Value
Average Net Price (per year) $18,661
Estimated 4-Year Cost $74,644
Median Earnings (10yr post-entry) $48,382/yr
Earnings Premium vs. HS Diploma +$14,382/yr
Estimated Break-Even 5.2 years
Graduation Rate (6-year) 46.4%
Median Debt at Graduation $21,500

What You'll Actually Pay

Average net price by family income

Net price by family income for Carson-Newman University
Family Income Estimated Net Price
$0 - $30,000 $15,134/yr
$30,001 - $48,000 $15,829/yr
$48,001 - $75,000 $17,326/yr
$75,001 - $110,000 $24,387/yr
$110,001+ $25,010/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Carson-Newman University
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Master $85,760 $41,234
Educational Administration and Supervision. Doctoral $52,107 $41,000
Educational Administration and Supervision. Master $51,829 $24,250
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Bachelor $50,499 $23,000
Business Administration, Management and Operations. Master $50,465 $18,133
Teacher Education and Professional Development, Specific Subject Areas. Master $49,331 $19,118
Special Education and Teaching. Master $43,798
Teacher Education and Professional Development, Specific Levels and Methods. Master $42,853 $27,000
Accounting and Related Services. Bachelor $42,682 $21,954
Special Education and Teaching. Bachelor $37,054 $19,207

The Risk Factor

Completion Risk: Elevated Risk

46.4% of students at Carson-Newman University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.

Analysis

Carson-Newman gives you a middling financial return that depends heavily on your major. At a net price near $18,700 a year and median earnings of $48,382 ten years out, you carry a real cost against pay that lands close to the national middle. Median debt of $21,500 is manageable if you graduate, but a 46% graduation rate means fewer than half of you finish, and dropping out with debt and no degree is the worst outcome here.

Nursing is the clear winner. It pays about $50,500, the only program on this list that clears the school's own median earnings, and the $23,000 debt load is justified by a healthcare job market that hires reliably in East Tennessee. Accounting follows at a distance and pairs solid pay with lower debt. The education programs are where the math gets hard. Special education, teacher education, and general teaching all pay in the mid-$30,000s, and teacher education carries the heaviest debt on the list at nearly $25,000. Borrowing that much for a job that pays $36,000 is a tight squeeze. Business administration sits in the same low band.

The net price tiers reward lower-income families and punish higher earners. If your family earns under $48,000, you pay around $15,000 to $15,800. Above $75,000, the price jumps to roughly $24,000 to $25,000, a $9,000 leap that makes Carson-Newman an expensive choice for middle- and upper-income families paying near sticker.

Come here for nursing, and the numbers work. If you're aiming for a teaching or general business degree and your family sits above the $75,000 income line, the return gets thin fast, and you should price out cheaper public options before committing.

Frequently Asked Questions

Is Carson-Newman University worth the cost?

Carson-Newman's value depends heavily on your major. Nursing graduates earn around $50,000-$85,000 annually, making the $18,661 net price reasonable, but the 46% graduation rate means many students pay without finishing their degree.

What is the ROI for Carson-Newman University graduates?

With average earnings of $48,382 ten years after graduation and typical debt of $21,500, Carson-Newman provides modest returns. The nursing programs offer the best financial outcomes, while other majors may struggle to justify the cost.

How much debt do Carson-Newman University students graduate with?

The median debt is $21,500, which is manageable for nursing graduates earning $50,000-$85,000. However, graduates in lower-paying fields may find this debt burden challenging given the school's average starting salaries.

Which programs at Carson-Newman University have the best job prospects?

Nursing programs clearly lead in earnings potential, with some specialties reaching $85,760 annually. Educational administration graduates earn around $52,000, while business administration typically starts near $50,000.