Median Earnings (1yr)
$62,454
43rd percentile
Median Debt
$26,500
14% above national median

Analysis

University of Memphis biomedical engineering graduates start slightly below the national median at $62,454, but this program delivers solid value when you consider what families are paying. With $26,500 in median debt—manageable at just 42% of first-year earnings—students here enter the workforce without the crushing loan burdens seen at many engineering programs. The 60th percentile ranking within Tennessee matters: among just three schools offering this degree in-state, Memphis holds its own against Vanderbilt while significantly outearning Tennessee-Knoxville graduates.

The real story is accessibility meeting outcomes. With a 93% admission rate and 40% of students on Pell grants, Memphis serves a different population than many engineering programs, yet still launches graduates into solid middle-class careers. That $62,000 starting salary won't rival top-tier programs, but it's respectable for a healthcare-adjacent engineering field, particularly in Tennessee's lower cost-of-living markets.

For families weighing this program, the math works: reasonable debt, decent starting pay, and an in-state option that competes well locally. The moderate sample size suggests steady but not overwhelming enrollment, which may mean smaller classes and more faculty attention. If your child can gain admission to Vanderbilt's program, that edge in earnings might justify the likely higher costs—but for most Tennessee families, Memphis offers a practical path into biomedical engineering without financial strain.

Where University of Memphis Stands

Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally

Earnings Distribution

How University of Memphis graduates compare to all programs nationally

Compare to Similar Programs in Tennessee

Biomedical/Medical Engineering bachelors's programs at peer institutions in Tennessee (3 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of MemphisMemphis$10,344$62,454—$26,5000.42
Vanderbilt UniversityNashville$63,946$63,402$94,340$19,5000.31
The University of Tennessee-KnoxvilleKnoxville$13,484$47,261$72,490$22,2000.47
National Median—$64,660—$23,2460.36

Career Paths

Occupations commonly associated with biomedical/medical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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.

Sample Size: Based on 40 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.