# University of Memphis: Electrical Engineering (bachelor's)

Memphis, TN. IPEDS 220862, CIP 14.10. Page: https://educationguide.com/colleges/university-of-memphis/majors/electrical-engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $71,137
- Median earnings 4 years after graduating: $89,515 (U.S. median for this major: $98,697 across 257 colleges)
- Median federal loan debt: $23,000 (U.S. median $25,000)
- Rank in TN: 3 of 4 colleges by 4-year earnings
- Versus the TN median for this major (4 colleges, $91,578): -$2,063
- Versus the U.S. median: -$9,182

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.46 years (average time graduates took). Earnings gain = $89,515 minus $34,518 for high school graduates ages 25-34 in TN (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $10,607 | $47,307 | under 1 year |
| 30-48k | $10,968 | $48,917 | under 1 year |
| 48-75k | $13,923 | $62,097 | 1.1 years |
| 75-110k | $17,384 | $77,533 | 1.4 years |
| 110k+ | $18,691 | $83,362 | 1.5 years |

Method: https://educationguide.com/how-we-score#value

## Electrical Engineering at TN colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Tennessee Technological University | $94,179 | $20,034 | $14,246 | 58% |
| The University of Tennessee-Knoxville | $93,642 | $21,630 | $18,976 | 74% |
| University of Memphis | $89,515 | $23,000 | $12,397 | 51% |
| The University of Tennessee-Chattanooga | $86,537 | $28,375 | $14,265 | 50% |

## Careers
- Electrical engineer (SOC 17-2071): median wage $112,870 Memphis, TN-MS-AR, $104,450 TN, $120,630 U.S.; U.S. jobs 9.9% by 2035
- Architectural and Engineering Managers (SOC 11-9041): median wage $179,670 Memphis, TN-MS-AR, $161,430 TN, $171,270 U.S.; U.S. jobs 5.5% by 2035
- Computer Hardware Engineers (SOC 17-2061): median wage not reported Memphis, TN-MS-AR, $130,830 TN, $161,740 U.S.; U.S. jobs 9.1% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).