Is University of Memphis worth it?
Memphis, TN · public
Verdict
Typical students pay $12,397 a year after aid, graduate with $23,300 in federal debt, and earn $40,921 six years after enrolling — an estimated monthly loan payment of $249, with a debt break-even of about 5.7 years.
Net price / year
$12,397
Admission rate
72%
Graduation rate
—
Median debt
$23,300
Earnings (6 yr)
$40,921
Earnings (10 yr)
$48,458
Est. monthly loan payment
$249
Loan-to-income ratio
57%
Debt break-even
5.7 years
How University of Memphis compares
FAQ
How much does it cost to attend University of Memphis?
The federal average net price after grants and scholarships is $12,397 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do University of Memphis graduates typically carry?
Students who complete a program at University of Memphis leave with a median federal debt of $23,300, based on the U.S. Department of Education's College Scorecard.
What do University of Memphis graduates earn?
Six years after enrolling, former students report median earnings of $40,921, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at University of Memphis?
Graduation rate data is not currently published for this school.
Is University of Memphis worth the debt?
Based on median debt and 6-year earnings, it would take roughly 5.7 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.