Analysis
The University of Memphis's aviation program operates in a field where first-year earnings typically hover in the low-to-mid $40,000s nationwide—a reality that makes the estimated $23,573 debt load a crucial factor to evaluate. Based on comparable bachelor's programs in air transportation, graduates here would face a debt-to-earnings ratio of 0.55, meaning roughly half a year's income to cover what they owe. That's manageable compared to many fields, though aviation careers often require additional certifications and flight hours that these figures don't capture.
What complicates the picture is that we're working with national estimates rather than Memphis-specific outcomes—the actual graduate cohort here is too small for the Department of Education to report data. Middle Tennessee State, the only Tennessee school with published figures, shows similar first-year earnings around $43,900, suggesting the estimates track with regional realities. However, MTSU graduates carry slightly less debt at roughly $22,000, which could reflect differences in flight training costs or financial aid packages between programs.
For families considering this path, the real question centers on total aviation training costs beyond tuition. Flight hours and certifications can add tens of thousands to the final bill, potentially doubling what you'd borrow for the degree alone. If your child is committed to an aviation career, verify the program's actual placement rates with airlines and ask graduates directly about their all-in costs before assuming these estimates tell the complete financial story.
Where University of Memphis Stands
Earnings vs. debt across all air transportation bachelors's programs nationally
Compare to Similar Programs in Tennessee
Air Transportation bachelors's programs at peer institutions in Tennessee (3 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,344 | $43,044* | — | $23,573* | — | |
| $9,506 | $43,909* | $60,361 | $21,992* | 0.50 | |
| National Median | — | $43,044* | — | $24,500* | 0.57 |
Career Paths
Occupations commonly associated with air transportation graduates
Airline Pilots, Copilots, and Flight Engineers
Commercial Pilots
Air Traffic Controllers
Transportation, Storage, and Distribution Managers
Supply Chain Managers
Flight Attendants
First-Line Supervisors of Passenger Attendants
Airfield Operations Specialists
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At University of Memphis, approximately 40% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 54 similar programs. Actual outcomes may vary.