Median Earnings (1yr)
$25,948
25th percentile (40th in TN)
Median Debt
$23,708
3% below national median
Debt-to-Earnings
0.91
Manageable
Sample Size
83
Adequate data

Analysis

The University of Memphis English program starts graduates at $26,000 annually—below both state and national medians—but demonstrates something notable: 35% earnings growth by year four, reaching $35,000. Among Tennessee's 36 English programs, this places Memphis at the 40th percentile, meaning three in five comparable state programs produce stronger initial outcomes. For context, graduates from Austin Peay State earn $37,500 right out of the gate, already exceeding Memphis's four-year mark.

The debt picture offers modest relief. At $23,700, graduates carry slightly less than the state median, translating to a manageable 0.91 debt-to-earnings ratio. However, that first year at $26,000 means many graduates will face tight budgets while establishing themselves professionally. Memphis serves a predominantly working-class student body (40% receive Pell grants), and starting $4,000 below the Tennessee median creates real financial pressure for families without safety nets.

For Tennessee families choosing between public English programs, Memphis represents the more affordable option with demonstrated earning potential over time, but not the strongest immediate return. If your student needs to earn quickly after graduation or you're borrowing heavily to fund this degree, the gap between Memphis and stronger state programs like Austin Peay becomes material. The trajectory is promising, but the starting line matters.

Where University of Memphis Stands

Earnings vs. debt across all english language and literature bachelors's programs nationally

University of MemphisOther english language and literature 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 $26k, placing them in the 25th percentile of all english language and literature 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

English Language and Literature bachelors's programs at peer institutions in Tennessee (36 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Memphis$25,948$35,056$23,7080.91
Austin Peay State University$37,486$36,534$25,6770.68
Vanderbilt University$34,633$53,767$13,4200.39
Middle Tennessee State University$31,554$40,969$24,0450.76
The University of the South$31,218$38,995$21,1750.68
Lee University$30,977—$27,0000.87
National Median$29,967—$24,5290.82

Other English Language and Literature Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Austin Peay State University
Clarksville
$8,675$37,486$25,677
Vanderbilt University
Nashville
$63,946$34,633$13,420
Middle Tennessee State University
Murfreesboro
$9,506$31,554$24,045
The University of the South
Sewanee
$53,698$31,218$21,175
Lee University
Cleveland
$22,690$30,977$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 83 graduates with reported earnings and 106 graduates with debt data. Small samples may not be representative.