Investor Presentaiton
Returns to college degrees in TN are high across gender and
race/ethnicity
Estimated Internal Rate of Return to a College Education in Tennessee by Demographic Subgroup,
2011-2021
Black, Hispanic,
and Native
American Women
Black, Hispanic,
White, non-
Hispanic Women
and Native
American Men
White, non-
Hispanic Men
Some College, No
Degree
9%
11%
8%
7%
Associate's Degree
12%
19%
18%
12%
Bachelor's Degree
12%
16%
12%
13%
Notes: Author's calculations using American Community Survey, 2011-2021.
A bachelor's degree adds relatively more to lifetime income for white, non-Hispanic workers than for Black,
Hispanic, or Native American workers.
18
June 2023 |http://haslam.utk.edu/boyd-center
T BOYD CENTER FOR BUSINESS
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