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Bethel University vs Carson-Newman University: which has better ROI?

Private nonprofit, McKenzie TN · vs · Private nonprofit, Jefferson City TN

The verdict

Carson-Newman University has the better ROI: it clears its 4-year net cost of $81,004 in 3682 years versus not at all at Bethel University, on median earnings of $48,382 vs $47,482 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureBethel UniversityCarson-Newman University
Net price / yr$12,595$20,251
Total net cost$50,380$81,004
Median earnings, 10 yrs$47,482$48,382
Median debt$27,249$21,500
Payback3682 yrs
20-year net return-$67,940-$80,564

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Bethel University or Carson-Newman University?

Bethel University, at $12,595 a year after aid versus $20,251 — a gap of $7,656 a year, or $30,624 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Bethel University or Carson-Newman University graduates earn more?

Carson-Newman University graduates report a median $48,382 ten years after entry, $900 more than the $47,482 at Bethel University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Bethel University or Carson-Newman University?

Carson-Newman University: its completers carry a median $21,500 in federal loans versus $27,249 at Bethel University, a difference of $5,749. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

53% of students finish at Carson-Newman University, against 35% at Bethel University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Bethel University vs Carson-Newman University: frequently asked questions

Is Bethel University or Carson-Newman University a better value?
Carson-Newman University. It clears its $81,004 net cost in about 3682 years versus no clear payback at Bethel University, on median earnings of $48,382 vs $47,482 ten years out.
Which is cheaper, Bethel University or Carson-Newman University?
Bethel University: $12,595/yr net price after aid versus $20,251/yr at Carson-Newman University — a difference of $7,656 a year, or about $30,624 over four years.
Do Bethel University or Carson-Newman University graduates earn more?
Carson-Newman University graduates earn a median $48,382 ten years after entry, versus $47,482 at Bethel University — a $900 gap. This blends every major, so a specific field can flip it.