Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

The University of Tennessee-Knoxville vs University of Memphis: which has better ROI?

Public, Knoxville TN · vs · Public, Memphis TN

The verdict

The University of Tennessee-Knoxville has the better ROI: it clears its 4-year net cost of $75,904 in 6.4 years versus 506 years at University of Memphis, on median earnings of $60,249 vs $48,458 ten years out. (Scorecard, 2026 · our math.)

Head to head
MeasureThe University of Tennessee-KnoxvilleUniversity of Memphis
Net price / yr$18,976$12,397
Total net cost$75,904$49,588
Median earnings, 10 yrs$60,249$48,458
Median debt$20,500$23,300
Payback6.4 yrs506 yrs
20-year net return$161,876$-47,628

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.