Analysis
A University of Memphis history degree starts modestly at $30,652 but delivers something valuable: steady upward momentum. Graduates see a 34% earnings jump by year four, reaching nearly $41,000βan impressive trajectory that suggests this program opens doors rather than closing them. Within Tennessee, where the typical history graduate earns $29,279, Memphis ranks in the 60th percentile, outpacing larger programs like UT-Knoxville despite Memphis's 93% admission rate and open-access mission.
The debt picture requires context. At $25,000, it's slightly above Tennessee's median for history programs ($19,750) but quite manageable given the earnings trajectory. The initial debt-to-earnings ratio of 0.82 looks reasonable, and by year four, graduates are earning significantly more than they borrowedβa ratio that keeps improving. With 40% of students receiving Pell grants, this program clearly serves students who might not have access to elite alternatives like Vanderbilt.
For Tennessee families considering history degrees, Memphis offers a pragmatic middle path: lower barriers to entry than selective schools, but stronger outcomes than you'd expect from the admission rate. The four-year earnings growth suggests graduates are building careers, not just taking entry-level jobs. If your student is passionate about history and needs an affordable option in Tennessee, this program demonstrates that accessibility and career progress aren't mutually exclusive.
Where University of Memphis Stands
Earnings vs. debt across all history 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 | $30,652 | $40,908 | +33% |
| Vanderbilt University | $46,856 | $60,522 | +29% |
| The University of Tennessee-Knoxville | $28,713 | $41,303 | +44% |
| The University of Tennessee-Chattanooga | $26,952 | $39,719 | +47% |
| Austin Peay State University | $34,456 | $39,052 | +13% |
Compare to Similar Programs in Tennessee
History bachelors's programs at peer institutions in Tennessee (36 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,344 | $30,652 | $40,908 | $25,000 | 0.82 | |
| $63,946 | $46,856 | $60,522 | $15,000 | 0.32 | |
| $9,506 | $35,391 | $36,943 | $18,500 | 0.52 | |
| $8,675 | $34,456 | $39,052 | $19,750 | 0.57 | |
| $54,892 | $29,279 | β | $23,104 | 0.79 | |
| $13,484 | $28,713 | $41,303 | $19,000 | 0.66 | |
| National Median | β | $31,220 | β | $24,000 | 0.77 |
Career Paths
Occupations commonly associated with history graduates
Natural Sciences Managers
Clinical Research Coordinators
History Teachers, Postsecondary
Historians
Secondary School Teachers, Except Special and Career/Technical Education
Archivists
Curators
Museum Technicians and Conservators
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
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 56 graduates with reported earnings and 88 graduates with debt data. Small samples may not be representative.