Rankings / By State

Best Master's Programs in Tennessee

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 37 schools · Agent Insights

Schools Analyzed

$50,916

Avg. Earnings (10yr)

53%

Avg. Graduation Rate

$18,576

Avg. Net Price

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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.

Key Findings

Vanderbilt University leads with average earnings of $91,565 for graduates.

The average graduation rate across these programs is only 53%.

Graduates from The University of Tennessee-Knoxville earn $60,249, which is $1,771 more than those from Christian Brothers University.

Christian Brothers University has the lowest average net price at $9,854, but also the lowest graduation rate at 55%.

Quick Numbers

Schools ranked 37

Avg. earnings at 10yr $50,916

Avg. graduation rate 53%

Avg. net price $18,576

Avg. median debt $22,369

How We Ranked

Master's programs in Tennessee ranked by graduate outcomes

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Vanderbilt University

Nashville, TN

Graduation93%

Earnings$91,565

Net Price$15,846

View full profile →

Christian Brothers University

Memphis, TN

Graduation55%

Earnings$57,478

Net Price$9,854

View full profile →

The University of the South

Sewanee, TN

Graduation81%

Earnings$64,911

Net Price$27,872

View full profile →

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Full Rankings

Vanderbilt University

Nashville, TN · 7,208 students · Private nonprofit

With an impressive 93% graduation rate, Vanderbilt University in Nashville, TN, is a strong choice for students seeking a supportive academic environment. The university's commitment to student success is reflected in its median earnings of $91,565 at ten years post-graduation, making it a solid investment for future careers.

6% accepted 93% graduate $91,565 earnings

Vanderbilt's full profile

Christian Brothers University

Memphis, TN · 905 students · Private nonprofit

Christian Brothers University in Memphis, TN, provides a close-knit community with a focus on personalized education. With a smaller student body of just 905, the university fosters strong relationships between faculty and students, which can be crucial for academic success, even though the graduation rate is lower at 55%.

87% accepted 55% graduate $57,478 earnings

Christian's full profile

The University of the South

Sewanee, TN · 1,607 students · Private nonprofit

Nestled in the scenic town of Sewanee, TN, The University of the South offers a unique blend of academic rigor and a strong sense of community. With an 81% graduation rate and median earnings of $64,911 ten years after graduation, this private university emphasizes both education and student success in a picturesque setting.

57% accepted 81% graduate $64,911 earnings

Rhodes College

Memphis, TN · 1,836 students · Private nonprofit

With a graduation rate of 83%, Rhodes College in Memphis, TN, is a place where students are likely to succeed. The intimate campus environment fosters strong relationships between students and faculty, which can be a game-changer for those seeking personalized attention and support in their academic journey.

50% accepted 83% graduate $66,651 earnings

Rhodes's full profile

Middle Tennessee State University

Murfreesboro, TN · 16,301 students · Public

Middle Tennessee State University, located in Murfreesboro, serves a large student population of over 16,000. The campus is known for its vibrant culture and diverse academic programs, making it appealing for students who want a dynamic college experience where they can engage in various extracurricular activities.

69% accepted 54% graduate $48,541 earnings

Middle's full profile

Tennessee Technological University

Cookeville, TN · 8,698 students · Public

Tennessee Technological University in Cookeville offers an engaging academic atmosphere with a student body of nearly 8,700. Known for its focus on engineering and technology, this university caters particularly well to those interested in STEM fields, providing a supportive environment for aspiring engineers and computer scientists.

76% accepted 56% graduate $48,501 earnings

Tennessee's full profile

Austin Peay State University

Clarksville, TN · 7,560 students · Public

Austin Peay State University, situated in Clarksville, has a welcoming and inclusive environment, with a remarkable acceptance rate of 96%. This university supports a diverse student community, making it particularly appealing for those seeking a nurturing place to pursue their education without the stress of intense competition.

96% accepted 42% graduate $44,301 earnings

Austin's full profile

Trevecca Nazarene University

Nashville, TN · 1,737 students · Private nonprofit

Trevecca Nazarene University, located in Nashville, offers a unique blend of academic rigor and a faith-based community. With a diverse array of programs, it attracts students who value both education and spiritual growth.

69% accepted 54% graduate $49,378 earnings

Trevecca's full profile

Tennessee Wesleyan University

Athens, TN · 846 students · Private nonprofit

Tennessee Wesleyan University, though smaller with just under 850 students, offers a personalized educational experience in Athens. With a graduation rate of 46%, it caters to students who appreciate close mentorship and a supportive community as they navigate their college journey.

69% accepted 46% graduate $45,989 earnings

Tennessee's full profile

#10

Lipscomb University

Nashville, TN · 2,997 students · Private nonprofit

Lipscomb University in Nashville is a private nonprofit institution with a close-knit community of around 3,000 students. Known for its strong emphasis on character development and academic achievement, it enjoys a 70% graduation rate, reflecting the supportive environment that helps students succeed.

68% accepted 70% graduate $55,541 earnings

Lipscomb's full profile

#11

University of Memphis

Memphis, TN · 12,701 students · Public

In the heart of Memphis, this public university serves over 12,000 students, making it a bustling hub of activity and opportunity. With a 50% graduation rate, it's a place where students can find their path and grow both academically and personally, all while being part of a vibrant urban community.

72% accepted 50% graduate $48,458 earnings

University's full profile

#12

East Tennessee State University

Johnson City, TN · 10,004 students · Public

Located in Johnson City, East Tennessee State University is home to over 10,000 students and is known for its welcoming atmosphere. With a graduation rate of 52%, it's a place where students can find their footing and achieve their academic goals amid a diverse community.

86% accepted 52% graduate $44,859 earnings

Union University

Jackson, TN · 1,607 students · Private nonprofit

Union University in Jackson, TN, caters to a community of over 1,600 students, emphasizing personal growth and strong academic foundations. The school's commitment to a values-based education makes it an appealing choice for those seeking to combine faith with their studies in a nurturing environment.

60% accepted 68% graduate $53,990 earnings

Southern Adventist University

Collegedale, TN · 2,773 students · Private nonprofit

Located in Collegedale, Southern Adventist University is home to nearly 2,800 students and emphasizes a holistic education rooted in values. While its graduation rate is 50%, the university fosters a community that encourages personal and academic growth, making it a worthwhile consideration for many students.

66% accepted 50% graduate $53,723 earnings

Southern's full profile

#15

Bethel University

McKenzie, TN · 1,547 students · Private nonprofit

Nestled in McKenzie, Bethel University offers a more intimate college experience with around 1,500 students. The smaller size fosters close-knit relationships, which can be appealing to students looking for personalized attention from faculty and staff.

60% accepted 35% graduate $47,482 earnings

Bethel's full profile

#16

Belmont University

Nashville, TN · 7,137 students · Private nonprofit

With a vibrant campus in Nashville, Belmont University attracts over 7,100 students eager to learn in a city known for its music and cultural scene. The school maintains a high acceptance rate of 95%, making it accessible for many students seeking a supportive college experience.

95% accepted 71% graduate $55,930 earnings

Belmont's full profile

#17

Lee University

Cleveland, TN · 2,617 students · Private nonprofit

Located in Cleveland, Lee University welcomes over 2,600 students, creating a vibrant community where individuals can thrive academically and socially. The school has a solid acceptance rate of 71%, making it a viable option for students looking for a supportive environment focused on growth and development.

71% accepted 62% graduate $43,222 earnings

Maryville College

Maryville, TN · 1,005 students · Private nonprofit

Maryville College, home to 1,005 students, sits in the picturesque town of Maryville, Tennessee, and cultivates a nurturing learning environment. Despite a graduation rate of 49%, graduates earn a median income of $49,279 after ten years, indicating that students who complete their degrees find rewarding opportunities.

61% accepted 49% graduate $49,279 earnings

Maryville's full profile

#19

Johnson University

Knoxville, TN · 743 students · Private nonprofit

Located in Knoxville, Tennessee, Johnson University has a strong community feel with a student body of 743. The school prides itself on fostering personal growth, which is reflected in its 59% graduation rate, a solid figure for a smaller institution.

65% accepted 59% graduate $40,596 earnings

Johnson's full profile

#20

Milligan University

Milligan, TN · 818 students · Private nonprofit

With a tight-knit community of 818 students, Milligan University in Tennessee emphasizes a holistic approach to education that fosters both academic and personal growth. The graduation rate of 62% reflects a commitment to student success, along with strong median earnings of $46,641 a decade after graduation.

72% accepted 62% graduate $46,641 earnings

Milligan's full profile

#21

Cumberland University

Lebanon, TN · 2,104 students · Private nonprofit

Cumberland University, located in Lebanon, serves about 2,100 students in a welcoming atmosphere. With a graduation rate of 46%, it attracts students who may benefit from smaller class sizes and dedicated faculty, fostering personal growth alongside academic achievement.

67% accepted 46% graduate $57,687 earnings

Cumberland's full profile

#22

The University of Tennessee-Knoxville

Knoxville, TN · 30,418 students · Public

The University of Tennessee-Knoxville welcomes over 30,000 students into a spirited campus life infused with tradition and pride. With a graduation rate of 74% and a median earning potential of $60,249 a decade after finishing, this public university offers a strong return on investment for many students seeking a quality education at a larger institution.

42% accepted 74% graduate $60,249 earnings

Lincoln Memorial University

Harrogate, TN · 1,572 students · Private nonprofit

Lincoln Memorial University, with 1,572 students, is rooted in the scenic Appalachian Mountains of Harrogate, Tennessee, providing a unique blend of education and nature. The university's graduation rate of 52% is paired with solid median earnings of $49,956 after ten years, showing that its graduates are finding success in their careers.

63% accepted 52% graduate $49,956 earnings

Lincoln's full profile

#24

King University

Bristol, TN · 908 students · Private nonprofit

King University, situated in Bristol, Tennessee, welcomes all students with a 100% acceptance rate, making it an accessible choice for many. With 908 students, it fosters a diverse environment and a supportive community, which can be crucial for personal and academic success.

100% accepted 47% graduate $59,831 earnings

Baptist Health Sciences University

Memphis, TN · 770 students · Private nonprofit

With a strong focus on health sciences, Baptist Health Sciences University in Memphis prepares students for careers in a rapidly growing field. The university emphasizes hands-on learning, which is reflected in its supportive environment for students pursuing healthcare professions.

82% accepted 46% graduate $72,529 earnings

Baptist's full profile

#26

The University of Tennessee-Chattanooga

Chattanooga, TN · 10,074 students · Public

Located in the scenic city of Chattanooga, the University of Tennessee-Chattanooga is a public institution that combines a vibrant campus life with academic excellence. The university attracts students looking for a well-rounded education in a thriving community.

81% accepted 52% graduate $51,151 earnings

Tusculum University

Greeneville, TN · 785 students · Private nonprofit

Tusculum University in Greeneville, Tennessee, has a unique character with an acceptance rate of 72%, which opens doors for a diverse student population. However, the graduation rate of 28% signals that some students may face challenges in completing their degree, underscoring the importance of a strong support system.

72% accepted 28% graduate $44,367 earnings

Tusculum's full profile

#28

The University of Tennessee-Martin

Martin, TN · 4,866 students · Public

The University of Tennessee-Martin is a public institution that supports a vibrant and engaged student community. Known for its commitment to student success, the university boasts a variety of programs that cater to a wide range of academic interests.

88% accepted 54% graduate $44,213 earnings

The University of Tennessee Southern

Pulaski, TN · 864 students · Public

With an acceptance rate of 87%, the University of Tennessee Southern welcomes a diverse array of students into its close-knit community. This public institution, located in Pulaski, offers a chance to connect with fellow learners while pursuing your educational goals in a supportive environment.

87% accepted 36% graduate $38,924 earnings

Freed-Hardeman University

Henderson, TN · 1,212 students · Private nonprofit

Freed-Hardeman University in Henderson offers a unique blend of academic rigor and spiritual growth, attracting around 1,200 students each year. The 70% graduation rate reflects its commitment to student success, suggesting that many find a supportive environment conducive to achieving their educational aspirations.

60% accepted 70% graduate $47,485 earnings

Freed-Hardeman's full profile

#31

Tennessee State University

Nashville, TN · 4,848 students · Public

With a student population of nearly 5,000 in the heart of Nashville, Tennessee State University brings a vibrant campus atmosphere. The school’s commitment to accessibility is evident with a 70% acceptance rate and a significant portion of students receiving Pell Grants, which indicates robust support for low-income families.

70% accepted 33% graduate $42,730 earnings

Tennessee's full profile

#32

Carson-Newman University

Jefferson City, TN · 1,387 students · Private nonprofit

Carson-Newman University, located in Jefferson City, Tennessee, provides a welcoming environment for its 1,387 students, blending academic rigor with community engagement. Although it has a graduation rate of 50%, its graduates see median earnings of $48,382 after ten years, suggesting that the university is preparing students well for the workforce.

90% accepted 50% graduate $48,382 earnings

Carson-Newman's full profile

#33

Bryan College-Dayton

Dayton, TN · 814 students · Private nonprofit

Bryan College, located in Dayton, Tennessee, has a close-knit student body of 814, focusing on a robust educational experience. With a 53% graduation rate, students here benefit from a supportive community that encourages academic achievement and personal growth.

53% graduate $54,434 earnings

Fisk University

Nashville, TN · 1,035 students · Private nonprofit

Fisk University is an established institution in Nashville with a rich history and a student body of over 1,000. A graduation rate of 35% reflects the challenges some students face, but the school’s focus on nurturing talent and community can help many overcome obstacles to achieve their educational goals.

37% accepted 35% graduate $45,454 earnings

Le Moyne-Owen College

Memphis, TN · 581 students · Private nonprofit

Nestled in Memphis, Le Moyne-Owen College is small, with only 581 students, and strives to create a close-knit community. The school’s 99% acceptance rate suggests an open door for many aspiring students, particularly those who are committed to their education and seek a supportive environment.

99% accepted 26% graduate $35,594 earnings

Lane College

Jackson, TN · 736 students · Private nonprofit

Located in Jackson, Tennessee, Lane College is a private nonprofit institution with a strong focus on serving its community. With 79% of its students receiving Pell Grants, the college is dedicated to supporting those from lower-income backgrounds, creating a diverse and inclusive environment for learning and growth. Although the graduation rate is at 18%, this can reflect the challenges many students face in completing their degrees, particularly those who are balancing work and family responsibilities while pursuing education.

18% graduate $31,670 earnings

Welch College

Gallatin, TN · 226 students · Private nonprofit

Welch College in Gallatin serves a tight-knit group of about 226 students, fostering an environment where everyone knows each other. With a graduation rate of 57%, it shows a stronger completion rate compared to some peers, suggesting that students find the support they need to succeed academically.

57% graduate $42,198 earnings

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

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). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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