Analysis
The University of Memphis's Engineering Technology program delivers solid middle-class earnings with manageable debt—a straightforward proposition that works for Tennessee families. Graduates start at $61,465 and climb to nearly $72,000 by year four, outpacing the state's median for this major and landing in the 60th percentile among Tennessee programs. The $27,600 in median debt translates to a debt-to-earnings ratio of 0.45, meaning graduates owe less than half their first-year salary—well within the range financial aid experts consider sustainable.
What makes this program particularly appealing is its accessibility combined with reasonable outcomes. With a 93% admission rate and 40% of students receiving Pell grants, Memphis serves a broad population while still delivering earnings that exceed the national median. You're paying slightly more in debt than the national average for this major, but the earnings growth—17% over four years—suggests graduates develop marketable skills that command higher compensation as they gain experience.
For Tennessee families, this program ranks in the top half statewide and costs roughly the same as competing state schools while producing better outcomes than most. It's not an elite engineering path, but it's a reliable route to a $70,000+ salary by your mid-twenties with debt you can realistically pay down on an entry-level engineering technologist's income.
Where University of Memphis Stands
Earnings vs. debt across all engineering technology 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 | $61,465 | $71,936 | +17% |
| Drexel University | $66,431 | $87,840 | +32% |
| Tennessee Technological University | $59,622 | $71,825 | +20% |
| Middle Tennessee State University | $60,808 | $60,785 | -0% |
| East Tennessee State University | $56,551 | $60,228 | +7% |
Compare to Similar Programs in Tennessee
Engineering Technology bachelors's programs at peer institutions in Tennessee (6 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,344 | $61,465 | $71,936 | $27,600 | 0.45 | |
| $8,675 | $62,089 | — | $26,679 | 0.43 | |
| $9,506 | $60,808 | $60,785 | $28,327 | 0.47 | |
| $10,084 | $59,622 | $71,825 | $23,000 | 0.39 | |
| $9,950 | $56,551 | $60,228 | $27,000 | 0.48 | |
| National Median | — | $60,529 | — | $26,325 | 0.43 |
Career Paths
Occupations commonly associated with engineering technology graduates
Aerospace Engineering and Operations Technologists and Technicians
Electrical and Electronic Engineering Technologists and Technicians
Electro-Mechanical and Mechatronics Technologists and Technicians
Robotics Technicians
Industrial Engineering Technologists and Technicians
Nanotechnology Engineering Technologists and Technicians
Civil Engineering Technologists and Technicians
Engineering Technologists and Technicians, Except Drafters, All Other
Non-Destructive Testing Specialists
Photonics Technicians
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 45 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.