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
Earnings Distribution
How University of Memphis graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Memphis | $36,881 | $50,076 | +36% |
| Northeastern University | $62,511 | $88,634 | +42% |
| Kalamazoo College | $39,940 | $75,833 | +90% |
| Western Washington University | $48,527 | $73,774 | +52% |
| The University of Tennessee-Knoxville | $41,589 | $44,354 | +7% |
Compare to Similar Programs in Tennessee
Chemistry bachelors's programs at peer institutions in Tennessee (34 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,344 | $36,881 | $50,076 | $20,000 | 0.54 | |
| $8,675 | $42,475 | — | $20,500 | 0.48 | |
| $13,484 | $41,589 | $44,354 | $19,500 | 0.47 | |
| $10,144 | $41,588 | — | $24,999 | 0.60 | |
| National Median | — | $42,581 | — | $24,000 | 0.56 |
Career Paths
Occupations commonly associated with chemistry graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Computer and Information Research Scientists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chemists
Chemistry Teachers, Postsecondary
Environmental Science Teachers, Postsecondary
Physics Teachers, Postsecondary
Environmental Scientists and Specialists, Including Health
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.