Median Earnings (1yr)
$61,465
56th percentile (60th in TN)
Median Debt
$27,600
5% above national median
Debt-to-Earnings
0.45
Manageable
Sample Size
45
Adequate data

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

University of MemphisOther engineering technology 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 $61k, placing them in the 56th percentile of all engineering technology 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

Engineering Technology bachelors's programs at peer institutions in Tennessee (6 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Memphis$61,465$71,936$27,6000.45
Austin Peay State University$62,089—$26,6790.43
Middle Tennessee State University$60,808$60,785$28,3270.47
Tennessee Technological University$59,622$71,825$23,0000.39
East Tennessee State University$56,551$60,228$27,0000.48
National Median$60,529—$26,3250.43

Other Engineering Technology Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Austin Peay State University
Clarksville
$8,675$62,089$26,679
Middle Tennessee State University
Murfreesboro
$9,506$60,808$28,327
Tennessee Technological University
Cookeville
$10,084$59,622$23,000
East Tennessee State University
Johnson City
$9,950$56,551$27,000

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.