Degree Dividend
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Middle Tennessee State University — ROI, Cost & Payback

Public · Murfreesboro, TN · 16,301 students

The verdict

Middle Tennessee State University charges a net price of $13,359/yr after aid — a 4-year total of $53,436. Graduates earn a median $48,541 ten years after entry, $181/yr above the $48,360 high-school baseline, clearing the total in 295.2 years — a 20-year net return of $-49,816, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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$13,359
Net price / yr
Scorecard, 2026
$48,541
Median earnings, 10 yrs
Scorecard, 2026
295.2 yrs
Payback
Our math, 2026
69%
Admission rate
Scorecard, 2026
Middle Tennessee State University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$13,359/yrScorecard, 2026
Total net cost (4 yrs)$53,436our math
Median earnings, 10 yrs after entry$48,541Scorecard, 2026
Earnings premium over HS baseline$181/yrour math
Median debt (completers)$20,000Scorecard, 2026
Payback295.2 yrsour math
20-year net return$-49,816our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.