Cost, debt & salary

Is University of Memphis worth it? What it costs, and what graduates earn

You would borrow a median $23,300 — about $265 a month for ten years. Graduates earn a median $48,458 ten years after starting, so the debt clears in roughly 2.6 years of the salary premium.

D

Is it worth the money?

Be careful — the salary here takes noticeably longer than average to clear the debt.

You borrow $23,300 median federal debt at graduation
You repay $265/mo standard 10-year federal plan
You earn $48,458 median, 10 years after entry · beats 25%
Debt clears in 2.6 yrs ranked 683 of 810

What that feels like each month Repayment against the salary that has to cover it.

Gross monthly pay
$4,038
Loan repayment
$265
Share of your pay
6.6%
0%15% — the comfort line25%

Under roughly 15% of gross pay, repayment is generally considered manageable alongside rent and living costs.

Cut the debt before you borrow it

Every dollar you win is a dollar you never repay — and it moves the 2.6-year payback above. We list 1 scholarship tied to University of Memphis.

University of Memphis Graduate International Merit Scholarship...
See all 1 University of Memphis scholarships →

Need a student loan for University of Memphis?

Tell us what you need and we will come back with the lenders that actually fund students from your country — including options with no US co-signer. No obligation, and we never charge you.

Free for students. We are not a lender and give no financial advice — we pass your request to partners and may be paid by them if you go ahead. One request per person per service; sending it again simply updates what we hold.

How University of Memphis compares Against the 810 US universities we grade on payback.

The typical graded university clears its debt in 1.3 years on median earnings of $57,146 against $22,500 of debt. University of Memphis takes longer than that, and its graduates earn $8,938 a year more than a US worker with only a high-school diploma.

Nearby universityGradeDebtEarningsPayback
Middle Tennessee State University Tennessee D $20,000 $48,541 2.2 yrs
Bethel University Tennessee F $27,249 $47,482 3.4 yrs
Tennessee Technological University Tennessee D $15,650 $48,501 1.7 yrs
University of Tennessee at Chattanooga Tennessee C $19,500 $51,151 1.7 yrs
East Tennessee State University Tennessee F $19,442 $44,859 3.6 yrs

University of Memphis — the money questions

How much do graduates of University of Memphis earn?
Median earnings are $48,458 a year, measured ten years after students first enrolled — from tax records, not a survey. That is higher than 25% of the US universities we hold figures for.
How much debt will I have at University of Memphis?
The median graduate leaves with $23,300 of federal loans. On the standard ten-year plan that is about $265 a month — roughly 6.6% of the median graduate's monthly pay before tax.
How long does a degree from University of Memphis take to pay for itself?
About 2.6 years of the salary premium — the amount graduates earn above the $39,520 a US worker with only a high-school diploma makes. That ranks it 683 of 810 US universities we grade on payback.
Can scholarships reduce this debt?
Yes — we list 1 scholarship tied to University of Memphis. Each award you win comes straight off the borrowing above, and the payback figure falls with it.
Do these numbers apply to my subject?
No. The Department of Education publishes one figure per institution, so nursing, engineering and fine art students at University of Memphis all sit inside the same median. Treat it as the size of the financial risk, not a salary forecast for your course.
University of Memphis profile Programmes at University of Memphis University of Memphis scholarships University of Memphis review & grade Compare with Middle Tennessee State University Payback across Tennessee What University of Memphis costs Student loan record SAT scores & admission Fastest-paying US degrees Lowest student debt How we calculate this

Source: US Department of Education College Scorecard — earnings and debt cover students who received federal financial aid and blend every subject taught at the institution. Figures imported 28 Aug 2026. This page is information, not financial advice.