Degree Dividend
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East Tennessee State University vs Austin Peay State University: which has better ROI?

Public, Johnson City TN · vs · Public, Clarksville TN

The verdict

Neither clears its cost on institution-wide earnings, but Austin Peay State University comes closer — median earnings $44,301 against a $38,940 total, vs $44,859 at East Tennessee State University. (Scorecard, 2026 · our math.)

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Head to head
MeasureEast Tennessee State UniversityAustin Peay State University
Net price / yr$15,983$9,735
Total net cost$63,932$38,940
Median earnings, 10 yrs$44,859$44,301
Median debt$19,442$20,547
Payback
20-year net return-$133,952-$120,120

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

Which is cheaper, East Tennessee State University or Austin Peay State University?

Austin Peay State University, at $9,735 a year after aid versus $15,983 — a gap of $6,248 a year, or $24,992 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do East Tennessee State University or Austin Peay State University graduates earn more?

East Tennessee State University graduates report a median $44,859 ten years after entry, $558 more than the $44,301 at Austin Peay State 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, East Tennessee State University or Austin Peay State University?

East Tennessee State University: its completers carry a median $19,442 in federal loans versus $20,547 at Austin Peay State University, a difference of $1,105. 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 East Tennessee State University, against 40% at Austin Peay State 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.

East Tennessee State University vs Austin Peay State University: frequently asked questions

Is East Tennessee State University or Austin Peay State University a better value?
Austin Peay State University comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, East Tennessee State University or Austin Peay State University?
Austin Peay State University: $9,735/yr net price after aid versus $15,983/yr at East Tennessee State University — a difference of $6,248 a year, or about $24,992 over four years.
Do East Tennessee State University or Austin Peay State University graduates earn more?
East Tennessee State University graduates earn a median $44,859 ten years after entry, versus $44,301 at Austin Peay State University — a $558 gap. This blends every major, so a specific field can flip it.