Median Earnings (1yr)
$26,451
60th percentile
Median Debt
$28,850
14% above national median

Analysis

The University of Memphis's Fine Arts program outperforms most expectations for an art degree, ranking solidly above both Tennessee's median ($22,714) and the national average ($24,742). At $31,494 four years out, graduates are earning about 39% more than the typical Tennessee art graduate and keeping pace with Middle Tennessee State's stronger-performing program. The $28,850 debt load sits slightly higher than state norms but remains manageable relative to earningsβ€”graduates owe roughly one year's salary, which is reasonable territory for a creative field.

What stands out here is the 19% earnings growth from year one to year four, suggesting graduates are successfully building careers rather than stagnating in entry-level positions. This matters for art majors, where the immediate post-graduation period can be financially precarious. The program also carries exceptionally low debt relative to other Fine Arts programs nationally (5th percentile), meaning Memphis is controlling costs better than most institutions.

For parents weighing this investment, recognize that these earnings won't match business or STEM fields, but they represent solid performance within the arts sector. If your child is committed to a studio practice and you're considering in-state options, Memphis delivers better outcomes than most Tennessee alternatives at a cost that won't create crushing debt. The trajectory matters as much as the starting point here.

Where University of Memphis Stands

Earnings vs. debt across all fine and studio arts 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

School1 Year4 YearsGrowth
University of Memphis$26,451$31,494+19%
The University of Tennessee-Chattanooga$21,766$41,212+89%
Middle Tennessee State University$29,084$36,484+25%
Tennessee Technological University$19,231$34,767+81%
Austin Peay State University$19,157$32,661+70%

Compare to Similar Programs in Tennessee

Fine and Studio Arts bachelors's programs at peer institutions in Tennessee (25 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of MemphisMemphis$10,344$26,451$31,494$28,8501.09
Middle Tennessee State UniversityMurfreesboro$9,506$29,084$36,484$24,7600.85
Lee UniversityCleveland$22,690$26,598β€”$29,7501.12
The University of Tennessee-KnoxvilleKnoxville$13,484$23,661$32,233$27,0001.14
The University of Tennessee-ChattanoogaChattanooga$10,144$21,766$41,212$25,0001.15
Tennessee Technological UniversityCookeville$10,084$19,231$34,767$13,9350.72
National Medianβ€”$24,742β€”$25,2951.02

Career Paths

Occupations commonly associated with fine and studio arts graduates

Art Directors

Formulate design concepts and presentation approaches for visual productions and media, such as print, broadcasting, video, and film. Direct workers engaged in artwork or layout design.

$111,040/yrJobs growth:Bachelor's degree

Special Effects Artists and Animators

Create special effects or animations using film, video, computers, or other electronic tools and media for use in products, such as computer games, movies, music videos, and commercials.

$99,800/yrJobs growth:Bachelor's degree

Art, Drama, and Music Teachers, Postsecondary

Teach courses in drama, music, and the arts including fine and applied art, such as painting and sculpture, or design and crafts. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Archivists

Appraise, edit, and direct safekeeping of permanent records and historically valuable documents. Participate in research activities based on archival materials.

$57,100/yrJobs growth:

Curators

Administer collections, such as artwork, collectibles, historic items, or scientific specimens of museums or other institutions. May conduct instructional, research, or public service activities of institution.

$57,100/yrJobs growth:

Museum Technicians and Conservators

Restore, maintain, or prepare objects in museum collections for storage, research, or exhibit. May work with specimens such as fossils, skeletal parts, or botanicals; or artifacts, textiles, or art. May identify and record objects or install and arrange them in exhibits. Includes book or document conservators.

$57,100/yrJobs growth:

Craft Artists

Create or reproduce handmade objects for sale and exhibition using a variety of techniques, such as welding, weaving, pottery, and needlecraft.

$56,260/yrJobs growth:

Fine Artists, Including Painters, Sculptors, and Illustrators

Create original artwork using any of a wide variety of media and techniques.

$56,260/yrJobs growth:

Artists and Related Workers, All Other

All artists and related workers not listed separately.

$56,260/yrJobs growth:

Jewelers and Precious Stone and Metal Workers

Design, fabricate, adjust, repair, or appraise jewelry, gold, silver, other precious metals, or gems.

$49,140/yrJobs growth:High school diploma or equivalent

Gem and Diamond Workers

Fabricate, finish, or evaluate the quality of gems and diamonds used in jewelry or industrial tools.

$49,140/yrJobs growth:High school diploma or equivalent
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 61 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.