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Rankings / By State

Best Master's Programs in Tennessee

By David Krug, Co-Founder, CollegeRanker Updated 2026-07-13 37 schools Agent Insights
37
Schools
$50,916
Avg. Earnings
53%
Avg. Graduation
$18,576
Avg. Net Price
$22,369
Avg. Debt

CollegeRanker Research

What Surprised Us Most

  1. Graduate earnings span a wide band on this list, from $31,670 at the low end to $91,565 at the top. That 2.9× spread shows how much outcomes vary within a single category.

  2. Baptist Health Sciences University offers the strongest payback. Graduates earn a median of $72,529 against $11,212 in annual net price, the best earnings-to-cost ratio in this ranking.

  3. The most budget-friendly option on this list is Le Moyne-Owen College, at $7,099 annually in net price.

  4. Completion rates separate this field: Vanderbilt University graduates 93% of its students, well above the 53% list average. Finishing what you start matters as much as where you start.

  5. Debt-to-earnings ratios favor Vanderbilt University: graduates owe only 0.15× their yearly income, the most manageable debt burden on the list.

Surprising Comparisons

The Takeaway

The schools that win this ranking are not the priciest or the most selective. They turn students into earners without burying them in debt, which is exactly what our outcomes-first methodology is built to surface.

What This Means for Students

If you are choosing from this list, start with Baptist Health Sciences University and Vanderbilt University. Pull each school's net price for your income band, weigh projected earnings against the debt you would take on, and let payoff rather than prestige drive your shortlist.

Why this ranking matters

These schools are ranked on outcomes that compound: graduate earnings, upward mobility, debt, and value, all drawn from federal tax records and Scorecard data rather than reputation surveys. The list rewards results over prestige, led by institutions whose graduates earn a median of about $49K ten years after enrollment.

How we measure this — full methodology →

How we rank · 4 pillars

Economic outcomes30%
Social mobility35%
Value (earnings vs. cost)20%
Academic quality15%

Federal-source data only. Build your own weighting →

$49K
Median grad earnings
10 yrs after entry
53%
Average graduation rate
Across the list
$19K
Average net price
After grants/aid
70%
Average admit rate
Selectivity
Data Behind This Page Updated 2026-07-13
37 institutions ranked
2026-07-13 Last updated
100% Public / federal sources

Source datasets

Methodology

Schools are scored on the CollegeRanker 4-Pillar Algorithm: Economic Outcomes (30%), Social Mobility (25–35%), Academic Quality (15–20%), and Value (20–25%). Every weight is published and every figure traces to a public dataset.

See the full methodology and weights →

Confidence notes

  • Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
  • Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
  • Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.

Limitations

  • Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
  • Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
  • An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
  • Net price is an average; the actual cost a given student pays varies widely by family income.

At a Glance

How the Top Schools Compare

School Earnings Net Price Graduation Score
1
$91,565
▲ +80% vs avg
$15,846 93%
81
$57,478
▲ +13% vs avg
$9,854 55%
69
$64,911
▲ +27% vs avg
$27,872 81%
69
$66,651
▲ +31% vs avg
$28,585 83%
69
$48,541
▼ -5% vs avg
$13,359 54%
69

Score uses our 4-pillar methodology. Earnings % is vs. this list's average.

See full ranking →

Executive Summary

Best Master's Programs in Tennessee

This analysis ranks 37 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $50,916 ten years after enrolling, against an average graduation rate of 53% and an average net price of $18,576.

Key takeaways

Data Insight

110%
Private nonprofit colleges cost 110% more in net price than publics, while their graduates earn 21% more.
Based on CollegeRanker’s analysis of 5,745 U.S. institutions (n=3,655). Mean net price and mean 10-year earnings by ownership type (College Scorecard).

Tennessee Opportunity Analysis

What does this ranking tell us about higher education and opportunity in Tennessee?

$48,501

Median earnings (10yr)

52%

Median graduation rate

$18,878

Median net price

1.3%

Avg. mobility rate

Students tend to study where they live and work where they study, which makes a state's colleges its most important economic development asset. This ranking evaluates how well institutions across Tennessee serve that role: producing graduates with strong earnings, keeping talent in the regional economy, and offering affordable paths for local students.

Across the 37 schools on this list, graduates earn a median of $48,501 ten years after they first enrolled, about $501 more than the roughly $48,000 a typical American worker takes home. The median graduation rate is 52%. Net price, what students pay after grants, runs a median of $18,878 a year, with about $21,500 in median federal debt at graduation. An average of 34% of students receive Pell grants, and the typical school moves low-income students into the top income quintile at a rate of 1.3%.

For Tennessee, the institutions that combine manageable costs with strong graduate outcomes are the ones building the local workforce. With a median net price of $18,878 and graduates earning a median of $48,501, these schools sit where the talent pipeline and economic development meet.

The podium

Build your ranking

Drag a pillar — schools re-rank live.

Academic 15%
Economic 30%
Social mobility 35%
Value 20%

Tip: Check the box on any 2–4 schools below to compare them side by side.

Full rankings

1
·
Vanderbilt University

Nashville, TN · 6% accepted · $15,846 net

81

Why it ranks #1

Vanderbilt University lands at #1 with a 81/100 composite, led by academic quality (84/100) and pulled down by value per dollar (80/100). Graduates earn a median $91,565 a decade after enrolling, 80% above this list's average, and net price runs $15,846 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
84
Economic
84
Social mobility
82
Value
80
View full profile →
2
·
Christian Brothers University

Memphis, TN · 87% accepted · $9,854 net

69

Why it ranks #2

Christian Brothers University lands at #2 with a 69/100 composite, led by social mobility (80/100) and pulled down by economic outcomes (64/100). Graduates earn a median $57,478 a decade after enrolling, 13% above this list's average, and net price runs $9,854 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
77
Economic
64
Social mobility
80
Value
68
View full profile →
3
·
The University of the South

Sewanee, TN · 57% accepted · $27,872 net

69

Why it ranks #3

The University of the South lands at #3 with a 69/100 composite, led by social mobility (82/100) and pulled down by value per dollar (58/100). Graduates earn a median $64,911 a decade after enrolling, 27% above this list's average, and net price runs $27,872 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
79
Economic
69
Social mobility
82
Value
58
View full profile →
4
·
Rhodes College

Memphis, TN · 50% accepted · $28,585 net

69

Why it ranks #4

Rhodes College lands at #4 with a 69/100 composite, led by academic quality (85/100) and pulled down by value per dollar (50/100). Graduates earn a median $66,651 a decade after enrolling, 31% above this list's average, and net price runs $28,585 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
85
Economic
71
Social mobility
82
Value
50
View full profile →
5
·
Middle Tennessee State University

Murfreesboro, TN · 69% accepted · $13,359 net

69

Why it ranks #5

Middle Tennessee State University lands at #5 with a 69/100 composite, led by social mobility (80/100) and pulled down by economic outcomes (64/100). Graduates earn a median $48,541 a decade after enrolling, 5% below this list's average, and net price runs $13,359 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
69
Economic
64
Social mobility
80
Value
69
View full profile →
6
·
Tennessee Technological University

Cookeville, TN · 76% accepted · $14,246 net

69

Why it ranks #6

Tennessee Technological University lands at #6 with a 69/100 composite, led by social mobility (80/100) and pulled down by academic quality (65/100). Graduates earn a median $48,501 a decade after enrolling, 5% below this list's average, and net price runs $14,246 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
65
Economic
66
Social mobility
80
Value
69
View full profile →
7
·
Austin Peay State University

Clarksville, TN · 96% accepted · $9,735 net

68

Why it ranks #7

Austin Peay State University lands at #7 with a 68/100 composite, led by social mobility (83/100) and pulled down by economic outcomes (61/100). Graduates earn a median $44,301 a decade after enrolling, 13% below this list's average, and net price runs $9,735 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
69
Economic
61
Social mobility
83
Value
71
View full profile →
8
·
Trevecca Nazarene University

Nashville, TN · 69% accepted · $16,813 net

68

Why it ranks #8

Trevecca Nazarene University lands at #8 with a 68/100 composite, led by social mobility (83/100) and pulled down by value per dollar (61/100). Graduates earn a median $49,378 a decade after enrolling, 3% below this list's average, and net price runs $16,813 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
72
Economic
66
Social mobility
83
Value
61
View full profile →
9
·
Tennessee Wesleyan University

Athens, TN · 69% accepted · $14,836 net

66

Why it ranks #9

Tennessee Wesleyan University lands at #9 with a 66/100 composite, led by social mobility (82/100) and pulled down by value per dollar (61/100). Graduates earn a median $45,989 a decade after enrolling, 10% below this list's average, and net price runs $14,836 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
66
Economic
63
Social mobility
82
Value
61
View full profile →
10
·
Lipscomb University

Nashville, TN · 68% accepted · $24,739 net

66

Why it ranks #10

Lipscomb University lands at #10 with a 66/100 composite, led by social mobility (82/100) and pulled down by value per dollar (54/100). Graduates earn a median $55,541 a decade after enrolling, 9% above this list's average, and net price runs $24,739 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
69
Economic
68
Social mobility
82
Value
54
View full profile →
11
·
University of Memphis

Memphis, TN · 72% accepted · $12,397 net

65

Why it ranks #11

University of Memphis lands at #11 with a 65/100 composite, led by social mobility (75/100) and pulled down by economic outcomes (62/100). Graduates earn a median $48,458 a decade after enrolling, 5% below this list's average, and net price runs $12,397 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
68
Economic
62
Social mobility
75
Value
65
View full profile →
12
·
East Tennessee State University

Johnson City, TN · 86% accepted · $15,983 net

65

Why it ranks #12

East Tennessee State University lands at #12 with a 65/100 composite, led by social mobility (81/100) and pulled down by economic outcomes (62/100). Graduates earn a median $44,859 a decade after enrolling, 12% below this list's average, and net price runs $15,983 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
63
Economic
62
Social mobility
81
Value
64
View full profile →
13
·
Union University

Jackson, TN · 60% accepted · $27,171 net

65

Why it ranks #13

Union University lands at #13 with a 65/100 composite, led by social mobility (82/100) and pulled down by value per dollar (44/100). Graduates earn a median $53,990 a decade after enrolling, 6% above this list's average, and net price runs $27,171 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
81
Economic
66
Social mobility
82
Value
44
View full profile →
14
·
Southern Adventist University

Collegedale, TN · 66% accepted · $24,345 net

65

Why it ranks #14

Southern Adventist University lands at #14 with a 65/100 composite, led by social mobility (82/100) and pulled down by value per dollar (50/100). Graduates earn a median $53,723 a decade after enrolling, 6% above this list's average, and net price runs $24,345 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
77
Economic
64
Social mobility
82
Value
50
View full profile →
15
·
Bethel University

McKenzie, TN · 60% accepted · $12,595 net

64

Why it ranks #15

Bethel University lands at #15 with a 64/100 composite, led by social mobility (84/100) and pulled down by economic outcomes (60/100). Graduates earn a median $47,482 a decade after enrolling, 7% below this list's average, and net price runs $12,595 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
61
Economic
60
Social mobility
84
Value
62
View full profile →
16
·
Belmont University

Nashville, TN · 95% accepted · $33,147 net

64

Why it ranks #16

Belmont University lands at #16 with a 64/100 composite, led by social mobility (83/100) and pulled down by value per dollar (45/100). Graduates earn a median $55,930 a decade after enrolling, 10% above this list's average, and net price runs $33,147 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
72
Economic
67
Social mobility
83
Value
45
View full profile →
17
·
Lee University

Cleveland, TN · 71% accepted · $18,878 net

64

Why it ranks #17

Lee University lands at #17 with a 64/100 composite, led by social mobility (82/100) and pulled down by value per dollar (57/100). Graduates earn a median $43,222 a decade after enrolling, 15% below this list's average, and net price runs $18,878 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
70
Economic
57
Social mobility
82
Value
57
View full profile →
18
·
Maryville College

Maryville, TN · 61% accepted · $19,360 net

64

Why it ranks #18

Maryville College lands at #18 with a 64/100 composite, led by social mobility (84/100) and pulled down by value per dollar (52/100). Graduates earn a median $49,279 a decade after enrolling, 3% below this list's average, and net price runs $19,360 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
68
Economic
61
Social mobility
84
Value
52
View full profile →
19
·
Johnson University

Knoxville, TN · 65% accepted · $22,063 net

63

Why it ranks #19

Johnson University lands at #19 with a 63/100 composite, led by social mobility (85/100) and pulled down by value per dollar (51/100). Graduates earn a median $40,596 a decade after enrolling, 20% below this list's average, and net price runs $22,063 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
71
Economic
58
Social mobility
85
Value
51
View full profile →
20
·
Milligan University

Milligan, TN · 72% accepted · $21,365 net

63

Why it ranks #20

Milligan University lands at #20 with a 63/100 composite, led by social mobility (80/100) and pulled down by value per dollar (53/100). Graduates earn a median $46,641 a decade after enrolling, 8% below this list's average, and net price runs $21,365 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
68
Economic
61
Social mobility
80
Value
53
View full profile →
21
·
Cumberland University

Lebanon, TN · 67% accepted · $18,759 net

63

Why it ranks #21

Cumberland University lands at #21 with a 63/100 composite, led by social mobility (82/100) and pulled down by academic quality (52/100). Graduates earn a median $57,687 a decade after enrolling, 13% above this list's average, and net price runs $18,759 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
52
Economic
69
Social mobility
82
Value
62
View full profile →
22
·
The University of Tennessee-Knoxville

Knoxville, TN · 42% accepted · $18,976 net

63

Why it ranks #22

The University of Tennessee-Knoxville lands at #22 with a 63/100 composite, led by academic quality (77/100) and pulled down by social mobility (57/100). Graduates earn a median $60,249 a decade after enrolling, 18% above this list's average, and net price runs $18,976 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
77
Economic
69
Social mobility
57
Value
65
View full profile →
23
·
Lincoln Memorial University

Harrogate, TN · 63% accepted · $20,406 net

63

Why it ranks #23

Lincoln Memorial University lands at #23 with a 63/100 composite, led by social mobility (81/100) and pulled down by value per dollar (55/100). Graduates earn a median $49,956 a decade after enrolling, 2% below this list's average, and net price runs $20,406 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
59
Economic
64
Social mobility
81
Value
55
View full profile →
24
·
King University

Bristol, TN · 100% accepted · $22,347 net

61

Why it ranks #24

King University lands at #24 with a 61/100 composite, led by social mobility (84/100) and pulled down by value per dollar (46/100). Graduates earn a median $59,831 a decade after enrolling, 18% above this list's average, and net price runs $22,347 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
55
Economic
68
Social mobility
84
Value
46
View full profile →
25
·
Baptist Health Sciences University

Memphis, TN · 82% accepted · $11,212 net

61

Why it ranks #25

Baptist Health Sciences University lands at #25 with a 61/100 composite, led by economic outcomes (72/100) and pulled down by social mobility (59/100). Graduates earn a median $72,529 a decade after enrolling, 42% above this list's average, and net price runs $11,212 a year, well under the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
64
Economic
72
Social mobility
59
Value
61
View full profile →
26
·
The University of Tennessee-Chattanooga

Chattanooga, TN · 81% accepted · $14,265 net

60

Why it ranks #26

The University of Tennessee-Chattanooga lands at #26 with a 60/100 composite, led by value per dollar (67/100) and pulled down by social mobility (59/100). Graduates earn a median $51,151 a decade after enrolling, 0% above this list's average, and net price runs $14,265 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list.

Pillar breakdown

Academic
62
Economic
65
Social mobility
59
Value
67
View full profile →
27
·
Tusculum University

Greeneville, TN · 72% accepted · $21,131 net

59

Why it ranks #27

Tusculum University lands at #27 with a 59/100 composite, led by social mobility (83/100) and pulled down by value per dollar (48/100). Graduates earn a median $44,367 a decade after enrolling, 13% below this list's average, and net price runs $21,131 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
54
Economic
60
Social mobility
83
Value
48
View full profile →
28
·
The University of Tennessee-Martin

Martin, TN · 88% accepted · $10,701 net

59

Why it ranks #28

The University of Tennessee-Martin lands at #28 with a 59/100 composite, led by value per dollar (71/100) and pulled down by social mobility (56/100). Graduates earn a median $44,213 a decade after enrolling, 13% below this list's average, and net price runs $10,701 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
63
Economic
61
Social mobility
56
Value
71
View full profile →
29
·
The University of Tennessee Southern

Pulaski, TN · 87% accepted · $12,798 net

59

Why it ranks #29

The University of Tennessee Southern lands at #29 with a 59/100 composite, led by value per dollar (68/100) and pulled down by economic outcomes (58/100). Graduates earn a median $38,924 a decade after enrolling, 24% below this list's average, and net price runs $12,798 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
64
Economic
58
Social mobility
Value
68
View full profile →
30
·
Freed-Hardeman University

Henderson, TN · 60% accepted · $21,574 net

58

Why it ranks #30

Freed-Hardeman University lands at #30 with a 58/100 composite, led by academic quality (75/100) and pulled down by value per dollar (52/100). Graduates earn a median $47,485 a decade after enrolling, 7% below this list's average, and net price runs $21,574 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
75
Economic
63
Social mobility
59
Value
52
View full profile →
31
·
Tennessee State University

Nashville, TN · 70% accepted · $15,796 net

58

Why it ranks #31

Tennessee State University lands at #31 with a 58/100 composite, led by social mobility (80/100) and pulled down by academic quality (43/100). Graduates earn a median $42,730 a decade after enrolling, 16% below this list's average, and net price runs $15,796 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
43
Economic
57
Social mobility
80
Value
55
View full profile →
32
·
Carson-Newman University

Jefferson City, TN · 90% accepted · $20,251 net

56

Why it ranks #32

Carson-Newman University lands at #32 with a 56/100 composite, led by economic outcomes (63/100) and pulled down by value per dollar (55/100). Graduates earn a median $48,382 a decade after enrolling, 5% below this list's average, and net price runs $20,251 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
58
Economic
63
Social mobility
62
Value
55
View full profile →
33
·
Bryan College-Dayton

Dayton, TN · $20,614 net

53

Why it ranks #33

Bryan College-Dayton lands at #33 with a 53/100 composite, led by economic outcomes (65/100) and pulled down by value per dollar (54/100). Graduates earn a median $54,434 a decade after enrolling, 7% above this list's average, and net price runs $20,614 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
55
Economic
65
Social mobility
58
Value
54
View full profile →
34
·
Fisk University

Nashville, TN · 37% accepted · $32,020 net

50

Why it ranks #34

Fisk University lands at #34 with a 50/100 composite, led by social mobility (65/100) and pulled down by value per dollar (34/100). Graduates earn a median $45,454 a decade after enrolling, 11% below this list's average, and net price runs $32,020 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
51
Economic
58
Social mobility
65
Value
34
View full profile →
35
·
Le Moyne-Owen College

Memphis, TN · 99% accepted · $7,099 net

50

Why it ranks #35

Le Moyne-Owen College lands at #35 with a 50/100 composite, led by value per dollar (65/100) and pulled down by academic quality (35/100). Graduates earn a median $35,594 a decade after enrolling, 30% below this list's average, and net price runs $7,099 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
35
Economic
49
Social mobility
58
Value
65
View full profile →
36
·
Lane College

Jackson, TN · $10,904 net

48

Why it ranks #36

Lane College lands at #36 with a 48/100 composite, led by social mobility (63/100) and pulled down by economic outcomes (45/100). Graduates earn a median $31,670 a decade after enrolling, 38% below this list's average, and net price runs $10,904 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
46
Economic
45
Social mobility
63
Value
55
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37
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Welch College

Gallatin, TN · $25,263 net

41

Why it ranks #37

Welch College lands at #37 with a 41/100 composite, led by economic outcomes (59/100) and pulled down by social mobility (29/100). Graduates earn a median $42,198 a decade after enrolling, 17% below this list's average, and net price runs $25,263 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
57
Economic
59
Social mobility
29
Value
43
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Cut it by what you care about

The same 37 schools, re-ranked by the outcome that matters to you.

Where the programs are

When considering a master's program in Tennessee, prospective students look for strong outcomes that can lead to fulfilling careers. With 37 different options available, it's essential to understand which schools provide the best return on investment for their graduate students. The average earnings for graduates in the state stand at $50,916, making this an important decision point for many families.

The schools that stand out on this list are defined by key metrics like graduate earnings, completion rates, and debt loads. For example, Vanderbilt University offers impressive earnings of $91,565, alongside a high graduation rate of 93%. In contrast, other institutions may have lower earnings or completion rates, highlighting the importance of weighing these factors carefully as you review the rankings below.

Consider the difference between The University of Tennessee-Knoxville and Christian Brothers University. UT-Knoxville graduates earn an average of $60,249 with a graduation rate of 74%, while Christian Brothers graduates have lower earnings at $57,478 and a concerning graduation rate of just 55%. This contrast underscores the need to evaluate both financial outcomes and completion rates when choosing a program that aligns with your goals.

The story behind the ranking

A ranking gives you an order; these charts give you the shape. They show how this group of schools spreads across the four things that decide whether a degree pays off — what graduates earn, whether they finish, how far they move up, and what it costs. Look for the standouts, the outliers, and the trade-offs the list alone can't show.

Earnings Outcomes

What graduates earn 10 years after enrolling. Data from College Scorecard.

Distribution of Median Earnings

$13K 23 $38K 13 $63K 1 $88K $113K $138K 23 National Avg

Earnings vs. Net Price

Top-left = best value. Top-ranked schools are highlighted.

$10K$65K$120K $25K$50K NET PRICE (lower →) EARNINGS (higher ↑) Vanderbilt University Christian Brothers The University Rhodes College Middle Tennessee

Completion & Access

Graduation rates and who gets in. Data from College Scorecard & IPEDS.

Graduation Rates

Vanderbilt University 93% Christian Brothers U… 55% The University of th… 81% Rhodes College 83% Middle Tennessee Sta… 54% Tennessee Technologi… 56% Austin Peay State Un… 42% Trevecca Nazarene Un… 54% Tennessee Wesleyan U… 46% Lipscomb University 70% University of Memphis 50% East Tennessee State… 52% Union University 68% Southern Adventist U… 50% Bethel University 35% Belmont University 71% Lee University 62% Maryville College 49% Johnson University 59% Milligan University 62% Cumberland University 46% The University of Te… 74% Lincoln Memorial Uni… 52% King University 47% Baptist Health Scien… 46%

Pell Grant Rate vs. Graduation Rate

Right = more low-income students. Higher = more graduate.

0% 100% PELL GRANT RATE → GRAD RATE ↑ Vanderbilt University Christian Brothers The University Rhodes College Middle Tennessee
Social Mobility

What the Mobility Data Says

The backbone of this ranking is social-mobility data from Raj Chetty's Mobility Report Card, which draws on more than 30 million tax records. A school's mobility rate is the share of its students who move from the bottom income quintile to the top. Among the 25 schools on this list with available data, that rate averages 1.3%. Tennessee State University leads the group at 2.9%, with Christian Brothers University (2.6%) and Southern Adventist University (2.4%) close behind.

Who gets in matters as much as what happens after. Across these schools, an average of 8.2% of students start in the bottom income quintile. Tennessee State University leads at 18.2%, which signals an admissions door that is actually open to low-income students. Schools that pair high access with high mobility are the ones driving generational change.

Once low-income students enroll, their odds of reaching the top income quintile average 19.7% across this list. Vanderbilt University posts the highest success rate at 59.3%. Access without completion and career momentum is an incomplete picture, and this is the number that completes it.

Social capital, measured by economic connectedness, captures the degree of cross-class friendship on campus, another dimension Opportunity Insights ties to long-run outcomes. Across these schools it averages 1.54 against a national benchmark of 1.0. Bethel University reaches 1.82, the highest on the list.

Mobility, access, and social-capital figures from Raj Chetty's Mobility Report Card & the Opportunity Insights Social Capital Atlas.

Cost & Debt

What families actually pay and what students owe. Data from College Scorecard.

Median Debt at Graduation

$6K 26 $18K 11 $30K $42K $54K 26 National Avg

When we look closely at Vanderbilt University and The University of Tennessee-Knoxville, the data reveals why Vanderbilt outperforms on critical metrics. Vanderbilt's graduates not only enjoy the highest earnings at $91,565 but also maintain a remarkable graduation rate of 93%. In contrast, UT-Knoxville, while still a solid choice, sees earnings of $60,249 and a graduation rate of 74%. This difference highlights the impact that institutional support and resources can have on student success.

After reviewing the rankings, it's crucial to reflect on personal priorities. Think about what matters most to you: Is it the financial return, the location, or the specific program offerings? For some, the lower net price at Christian Brothers University may be attractive, even with lower graduation rates. For others, the higher earnings at Vanderbilt might justify a larger financial commitment. Balancing these factors against your individual circumstances will help you make the best choice.

Ultimately, this data illustrates how choosing a master's program can influence your career trajectory. A degree from a higher-earning institution like Vanderbilt can set you on a path to financial stability, while a lower-performing school might present challenges. This decision affects not just you, but potentially your entire family, as the right program can lead to a more secure and prosperous future.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Frequently Asked Questions

Best Master's Programs in Tennessee: Your Questions, Answered

What is the #1 school in the Best Master's Programs in Tennessee ranking? +

Vanderbilt University in Nashville, TN ranks #1 in our 2026 Best Master's Programs in Tennessee ranking. It earns the top spot on the strength of a median $91,565 in graduate earnings ten years after enrollment and a 93% graduation rate. Our score is built entirely from federal data on graduation rates, graduate earnings, debt, and social mobility. Reputation surveys play no part.

Which school has the highest graduate earnings? +

Vanderbilt University posts the highest median earnings on this list: $91,565 ten years after enrollment, well above the $50,916 average across the 37 ranked schools with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.

Which school offers the best value? +

On a pure return-on-cost basis, Baptist Health Sciences University leads: graduates earn a median $72,529 against net price of about $11,212 a year, the strongest earnings-to-cost ratio in the ranking. Applicants should weigh that payback against sticker price rather than prestige.

Which school has the highest graduation rate? +

Vanderbilt University has the highest graduation rate in this ranking at 93%, compared with a 53% average across the list. Completion matters because the students who finish are the ones who actually capture the earnings and mobility gains a degree promises.

How much does it cost to attend these schools? +

The average net price, meaning what students actually pay after grants and scholarships, is about $18,576 a year across the 37 ranked schools with cost data. Le Moyne-Owen College is among the most affordable at roughly $7,099. Net price is a far better guide to affordability than the published sticker price.

How is the Best Master's Programs in Tennessee ranking calculated? +

We score every school on a four-pillar algorithm: economic outcomes (graduate earnings and debt), social mobility (Raj Chetty's Mobility Report Card, built on more than 30 million anonymized tax records), academic quality (graduation and retention), and value (net price and loan burden). Social mobility carries the heaviest weight, so schools that lift low-income students into higher earnings rank above those that simply admit wealthy students. Every input comes from federal data, and schools that withhold their numbers are scored lower for it.

How many schools are ranked and where does the data come from? +

This ranking evaluates 37 institutions using the U.S. Department of Education's College Scorecard, the Opportunity Insights Mobility Report Card and Social Capital Atlas, Times Higher Education, and NCES IPEDS. There are no opinion surveys or paid placements. The order is determined by the data alone and refreshed as new federal figures are released.

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics.

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS).

The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys