Median Earnings (1yr)
$69,386
41st percentile
60th percentile in Tennessee
Median Debt
$27,500
11% above national median

Analysis

University of Memphis mechanical engineering graduates earn $69,386 in their first year and see solid growth to $80,981 by year four—a 17% increase that suggests steady career progression. More importantly, they carry just $27,500 in debt, placing this program in the 5th percentile nationally for student loans. That debt-to-earnings ratio of 0.40 means graduates can reasonably pay down their loans in about five months of gross salary, an unusually favorable position for a state university engineering program.

The Tennessee context matters here. While this program sits at the 60th percentile statewide, the state's mechanical engineering median ($67,121) runs below the national benchmark. Memphis actually outperforms that state median by $2,265 in year one, and its debt load remains competitive. Given the university's 93% admission rate and its mission serving a substantial Pell-eligible population (40%), these outcomes represent genuine value—especially compared to private alternatives like Christian Brothers ($71,112 with likely higher debt) or Tennessee Tech ($66,228).

For families considering affordable mechanical engineering options in Tennessee, Memphis delivers what matters most: manageable debt combined with earnings that support financial independence. The graduates here aren't commanding Silicon Valley salaries, but they're building stable engineering careers without the debt burden that often accompanies bachelor's degrees. That's a smart trade-off for students who qualify.

Where University of Memphis Stands

Earnings vs. debt across all mechanical engineering 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$69,386$80,981+17%
Vanderbilt University$78,009$84,813+9%
The University of Tennessee-Chattanooga$66,517$81,689+23%
The University of Tennessee-Knoxville$65,756$80,833+23%
Tennessee Technological University$66,228$79,608+20%

Compare to Similar Programs in Tennessee

Mechanical Engineering bachelors's programs at peer institutions in Tennessee (11 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of MemphisMemphis$10,344$69,386$80,981$27,5000.40
Vanderbilt UniversityNashville$63,946$78,009$84,813$14,0000.18
Christian Brothers UniversityMemphis$37,300$71,112$27,0000.38
Lipscomb UniversityNashville$38,824$67,725$27,0000.40
The University of Tennessee-ChattanoogaChattanooga$10,144$66,517$81,689$24,9040.37
Tennessee Technological UniversityCookeville$10,084$66,228$79,608$20,5000.31
National Median$70,744$24,7550.35

Career Paths

Occupations commonly associated with mechanical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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 47 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.