Bachelor's · Henderson, Tennessee

Is Bible/Biblical Studies at Freed-Hardeman University worth it?

Low confidence Low confidence: fewer than 40 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back slowly: graduates typically recover the cost in about 7.7 years.

Earnings 1 year after graduating: $53,678; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $54,066; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $18,987; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $93k (likely $93k – $106k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $16k a year vs high-school graduates aged 25–34 in TN; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 7.7 years (likely 4.4–20+); Bump vs net cost plus loan interest
10-year net return: −$116k (likely −$219k – −$2k); Today's dollars
20-year net return: $30k (likely −$163k – $252k); Today's dollars
Odds of finishing (school-wide): 73%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26