Median Earnings (1yr)
$26,451
60th percentile (60th in TN)
Median Debt
$28,850
14% above national median
Debt-to-Earnings
1.09
Elevated
Sample Size
61
Adequate data

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 earnings—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

University of MemphisOther fine and studio arts 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 60th percentile of all fine and studio arts 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

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Memphis$26,451$31,494$28,8501.09
Middle Tennessee State University$29,084$36,484$24,7600.85
Lee University$26,598—$29,7501.12
The University of Tennessee-Knoxville$23,661$32,233$27,0001.14
The University of Tennessee-Chattanooga$21,766$41,212$25,0001.15
Tennessee Technological University$19,231$34,767$13,9350.72
National Median$24,742—$25,2951.02

Other Fine and Studio Arts Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Middle Tennessee State University
Murfreesboro
$9,506$29,084$24,760
Lee University
Cleveland
$22,690$26,598$29,750
The University of Tennessee-Knoxville
Knoxville
$13,484$23,661$27,000
The University of Tennessee-Chattanooga
Chattanooga
$10,144$21,766$25,000
Tennessee Technological University
Cookeville
$10,084$19,231$13,935

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.