Investor Presentaiton

17 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. Black, Hispanic, and Native American women also have low earnings without college, but a somewhat smaller college income premium than white women. June 2023 | http://haslam.utk.edu/boyd-center For white non-Hispanic women, low earnings without college (especially at younger ages) lead to higher estimated returns to college T BOYD CENTER FOR BUSINESS AND ECONOMIC RESEARCH

View entire presentation