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
| 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
| 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
| 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
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.