Median Earnings (1yr)
$36,881
25th percentile (40th in TN)
Median Debt
$20,000
17% below national median
Debt-to-Earnings
0.54
Manageable
Sample Size
32
Adequate data

Analysis

Chemistry graduates from the University of Memphis start behind the pack at $36,881, but show impressive momentum with 36% earnings growth by year four, reaching $50,076—well above Tennessee's median of $41,588. While this program ranks in just the 25th percentile nationally, that's partly because chemistry salaries vary widely by region and industry. Within Tennessee, it actually sits closer to the middle (40th percentile), suggesting the first-year numbers reflect local market conditions more than program quality.

The $20,000 median debt is reasonable and matches the state median, creating a manageable debt-to-earnings ratio of 0.54. More importantly, that debt burden shrinks considerably as earnings climb in years two through four. The strong upward trajectory suggests graduates are finding their footing in laboratory positions, quality control roles, or graduate programs that boost their earning potential.

For families focused on cost and upward mobility, this program delivers solid value. The accessible $20,000 debt combined with earnings that surpass most Tennessee chemistry programs by year four makes this a practical choice—especially for students who qualify for in-state tuition. The key is understanding that chemistry graduates often need a few years to translate their degrees into stronger salaries, whether through specialized certifications, advanced degrees, or climbing industry ladders. Memphis delivers that growth trajectory without saddling students with excessive debt.

Where University of Memphis Stands

Earnings vs. debt across all chemistry bachelors's programs nationally

University of MemphisOther chemistry programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How University of Memphis graduates compare to all programs nationally

University of Memphis graduates earn $37k, placing them in the 25th percentile of all chemistry bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Tennessee

Chemistry bachelors's programs at peer institutions in Tennessee (34 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Memphis$36,881$50,076$20,0000.54
Austin Peay State University$42,475—$20,5000.48
The University of Tennessee-Knoxville$41,589$44,354$19,5000.47
The University of Tennessee-Chattanooga$41,588—$24,9990.60
National Median$42,581—$24,0000.56

Other Chemistry Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Austin Peay State University
Clarksville
$8,675$42,475$20,500
The University of Tennessee-Knoxville
Knoxville
$13,484$41,589$19,500
The University of Tennessee-Chattanooga
Chattanooga
$10,144$41,588$24,999

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 32 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.