Lipscomb University
Nashville, TN — Private Nonprofit
Value Score: 34/100
Tuition (In-State): $40,572 | Out-of-State: $40,572
Acceptance Rate: 67.7% | Graduation Rate: 70.5%
Median Earnings (10yr): $55,541 | Median Debt: $19,500
Student Body Size: 2,997
Lipscomb University offers a moderate graduation rate with a significant financial commitment and a below-average return on investment.
Report Card: Overall Grade C-
Lipscomb University receives an overall grade of C- based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B
- Affordability: C+
College Analysis
Lipscomb University, a medium-sized private nonprofit institution in Nashville, TN, presents a mixed picture regarding academic and financial outcomes. While its graduation rate of 70.5% is respectable, the sticker price of $40,572 for both in-state and out-of-state students, coupled with median 10-year earnings of $55,541, suggests a potentially challenging return on investment. The median debt at graduation is $19,500, which is moderate, but the ROI score of -66 indicates that, on average, graduates do not recoup their educational investment quickly. The student experience is shaped by its medium size and a student body that is predominantly white (65.7%), with smaller percentages of Hispanic (13.5%) and Black (7.2%) students. Admission is moderately selective with a 67.7% acceptance rate.
The Verdict: Is Lipscomb University Worth It?
Lipscomb University presents a complex value proposition. With an in-state and out-of-state tuition of $40,572 and a median 10-year earnings of $55,541, the initial financial outlay is substantial. The median debt of $19,500 is manageable, but the ROI score of -66 suggests that, on average, graduates do not recoup their investment quickly through higher earnings compared to the cost of attendance and debt. The earnings are only about $15,000 higher than the tuition cost annually, meaning it would take several years of post-graduation earnings just to cover the tuition, let alone living expenses and loan repayment. While the Nashville location offers career advantages, the raw financial data indicates that Lipscomb may be overpriced for the average graduate's earning potential. It is not a clear hidden gem based on these metrics, nor is it an outright bad deal if specific high-earning majors or strong career placement in lucrative fields are considered. However, for the average student, it appears to be an expensive investment with a slow financial return.
Return on Investment
With median 10-year earnings of $55,541 and median debt of $19,500, Lipscomb University's ROI score of -66 suggests that the financial return on investment for graduates is not strong relative to the cost of attendance.
Debt Reality Check
Median student debt at Lipscomb University: $19,500. Monthly payment on a standard 10-year plan: $221/month. Total repaid: $26,520 ($7,020 in interest).
Breakeven vs high school diploma: 0.8 years. Debt burden: Low. Salary needed for comfortable repayment: $26,520.
Strengths
- Respectable graduation rate (70.5%)
- Moderate median debt at graduation ($19,500)
Weaknesses
- High tuition relative to median earnings
- Below-average ROI score (-66)
- Moderately selective admissions (67.7%)
Academic Profile
Lipscomb University offers a robust academic experience, particularly recognized for its strengths in health sciences, business, and the arts, all within a framework that integrates faith and learning. The College of Pharmacy and Health Sciences is a flagship program, consistently producing well-prepared graduates. The College of Business offers specialized tracks and emphasizes ethical leadership, while the College of Liberal Arts & Sciences provides a strong foundation across various disciplines. Research opportunities are accessible, especially for undergraduates, with faculty actively involving students in projects, particularly in STEM fields and the humanities. While specific faculty salary data isn't provided, the university's commitment to a low student-faculty ratio (around 15:1) suggests a dedication to personalized instruction and faculty accessibility. The Honors Program offers a challenging curriculum for high-achieving students, featuring smaller class sizes, interdisciplinary seminars, and opportunities for independent research. Lipscomb also has a strong emphasis on global learning, with numerous study abroad programs available, often integrated into specific majors, allowing students to gain international perspectives. Academic support is comprehensive, including the Academic Success Center, which provides tutoring, writing support, and academic coaching, ensuring students have the resources to thrive academically. Notable departments include Engineering, Education, and Communication, all benefiting from faculty expertise and a curriculum designed to foster critical thinking and practical application.
Financial Aid Guide for Lipscomb University
Navigating financial aid at Lipscomb University involves understanding both merit-based and need-based opportunities. The university is generous with merit scholarships, which are automatically considered upon admission based on academic achievements like GPA and test scores (though SAT/ACT are not currently required, strong academic records are key). These scholarships can significantly reduce the sticker price of $40,572. For instance, top academic scholarships can range from $15,000 to over $25,000 annually. Need-based aid is awarded after filing the FAFSA and CSS Profile, considering family income and assets. Lipscomb aims to meet a substantial portion of demonstrated need, though it's important to note that institutional aid, combined with federal and state grants, may not always cover the full cost of attendance. Work-study opportunities are available for students with financial need, providing on-campus employment to earn money for educational expenses. Typical aid packages for students from middle-income families might combine merit scholarships with some need-based grants, potentially bringing the net cost down considerably. For families with lower incomes, Pell Grants and state aid can play a larger role, supplemented by institutional aid. Scholarship tips include applying early, exploring external scholarships, and highlighting leadership and service experiences in applications. Negotiating aid is generally less common at institutions like Lipscomb compared to highly selective research universities, but presenting a strong case with updated financial information or competing offers might yield some flexibility, especially for students with exceptional academic profiles.
Hidden Costs at Lipscomb University
- Student Activity Fee: Approximately $200-$300 per semester, supporting student organizations, events, and campus programming.
- Technology Fee: Around $150-$250 per semester, contributing to the university's IT infrastructure and student technology resources.
- Meal Plan: Required for most on-campus residents, costs vary but can range from $2,500 to $4,000 per academic year depending on the chosen plan.
- Textbooks and Supplies: Budget an estimated $1,000-$1,500 per academic year for course materials.
- Parking Permit: If you plan to bring a car to campus, expect to pay $100-$300 annually for a parking permit.
- Health Insurance: While often covered by parents, Lipscomb requires proof of health insurance, and the university's plan can cost upwards of $2,000-$3,000 per year if needed.
- Personal Expenses: Allow for $1,000-$2,000 annually for toiletries, laundry, entertainment, and other miscellaneous living costs.
Alumni Outcomes & Career Paths
Lipscomb University graduates are primarily positioned within the vibrant Nashville metropolitan area and its surrounding regions. Major employers that actively recruit from Lipscomb include healthcare giants like HCA Healthcare and Ascension Saint Thomas, reflecting Nashville's status as a healthcare hub. The technology sector is also a significant draw, with companies such as Asurion and Change Healthcare seeking talent. Financial services firms like Pinnacle Financial Partners and wealth management groups also recruit from Lipscomb. Alumni tend to cluster in industries such as healthcare administration, information technology, finance, education, and marketing. While specific graduate school placement rates are not readily available, Lipscomb's strong ties to local professional networks and its emphasis on experiential learning through internships provide a solid foundation for further academic pursuits. Notable alumni include country music artist Michael W. Smith and former NFL player and coach Eddie George. The university's Career Services department emphasizes personalized guidance, resume building, and interview preparation, aiming to connect students with internship opportunities. These internships often serve as direct pipelines to full-time employment, particularly within Nashville's booming sectors. Geographic hiring patterns show a strong preference for the Middle Tennessee region, though graduates also find opportunities in other major Southern cities like Atlanta and Charlotte, especially in fields like healthcare and technology.
Campus Life & Culture at Lipscomb University
Lipscomb University draws a significant portion of its student body from Tennessee and surrounding Southern states, fostering a predominantly Christian, culturally conservative environment. Students who thrive here are typically seeking a close-knit community, a faith-integrated education, and a supportive academic setting that values personal growth alongside intellectual development.
Lipscomb University cultivates a vibrant campus community deeply rooted in its Christian heritage, fostering a close-knit environment where students often describe the 'vibe' as friendly, engaged, and purpose-driven. With a student body of just under 3,000, the university emphasizes personal connections and a supportive atmosphere. Social life isn't dominated by a traditional Greek system; instead, it revolves around student organizations, intramural sports, and campus-wide events. The university boasts over 100 student organizations, ranging from academic clubs and service groups to faith-based ministries and special interest groups, ensuring there's a niche for everyone. Spiritual life is central, with regular chapel services, small group Bible studies, and opportunities for mission trips, reflecting the school's commitment to holistic development. Athletics are a significant part of campus pride, with the Lipscomb Bisons competing in NCAA Division I, particularly strong in sports like basketball and baseball, drawing enthusiastic crowds to games. Housing is primarily on-campus for freshmen and sophomores, with options like the modern Elam Hall and the traditional Collins Hall, designed to encourage community living. Off-campus living in the surrounding neighborhoods like Green Hills or Berry Hill offers more independence for upperclassmen. Dining services are centralized, offering a variety of options in the Allen Dining Hall and various campus cafes, with meal plans designed to accommodate different student needs. The overall social scene is active but not overwhelming, characterized by a strong sense of shared values and a focus on academic and spiritual growth.
Campus Highlights
- The heart of campus, the Allen Arena, hosts not only Bisons basketball games but also major campus events, concerts, and speakers, serving as a central gathering place.
- The beautiful campus grounds, featuring the iconicñones "The Commons" green space, are perfect for studying, socializing, and enjoying Nashville's pleasant weather.
- Lipscomb's strong commitment to spiritual formation is evident through daily chapel services, numerous small group ministries, and opportunities for mission trips.
- The close proximity to downtown Nashville offers students unparalleled opportunities for internships, cultural experiences, and entertainment in a thriving music city.
- The dedicated Career Bridge program helps students connect their academic pursuits with real-world career goals through internships, mentorship, and professional development.
- The university's emphasis on global learning is highlighted by a wide array of study abroad programs, encouraging students to broaden their horizons.
Location & Regional Advantages
Lipscomb University's location in Nashville, Tennessee, offers significant geographic advantages for its students. Nashville boasts a rapidly growing and diversifying economy, often referred to as 'It City,' with strong sectors in healthcare, music, automotive, and technology. This provides a rich local job market for graduates. The cost of living in Nashville is generally considered moderate compared to other major tech and healthcare hubs, though it has been increasing. Proximity to industry hubs is excellent; Nashville is a national center for healthcare administration and a growing hub for tech startups and established companies. The city also has a thriving music and entertainment industry. Quality of life in Nashville is high, with a vibrant cultural scene, numerous parks, and a generally pleasant climate with four distinct seasons, though summers can be hot and humid. Safety is comparable to other mid-sized American cities. This location directly impacts career opportunities by providing abundant internship and entry-level job prospects within a short commute, fostering strong relationships between the university and local businesses, and allowing students to build professional networks in a dynamic economic environment before graduation.
How to Get Into Lipscomb University
Applying to Lipscomb University, with its 67.7% admission rate, suggests a moderately selective process where a strong academic record and alignment with the university's mission are key. While SAT/ACT scores are not currently a requirement, a solid GPA is crucial; aim for a B+ average or higher. The admissions committee looks for students who will thrive in Lipscomb's Christian environment and contribute positively to the campus community. Your application essay is a significant opportunity to showcase your personality, values, and how you connect with Lipscomb's mission. Consider topics that reflect your faith journey, leadership experiences, or your desire to serve others. Demonstrated interest is important; engage with the university by attending virtual or in-person information sessions, visiting campus if possible, and connecting with admissions counselors. Early Action (EA) is available, which allows you to apply early and receive a decision without being contractually obligated to attend, offering a strategic advantage for those who know Lipscomb is a top choice. The ideal timeline is to have your application completed by the EA deadline (typically November 1st) or the Regular Decision deadline (usually February 1st) to maximize scholarship consideration and ensure a timely review.
How Lipscomb University Compares to Similar Schools
Similar schools: Belmont University, Vanderbilt University, Tennessee State University, Middle Tennessee State University
Advantages
- Stronger focus on specific professional programs aligned with Nashville's key industries (e.g., healthcare, music business)
- Smaller class sizes and more personalized attention compared to larger state universities
- Active alumni network within the growing Nashville business community
Disadvantages
- Higher tuition cost compared to public universities like MTSU or TSU
- Lower overall national ranking and brand recognition compared to Vanderbilt
- Potentially fewer research opportunities and graduate program options compared to a major research university like Vanderbilt
Best For
- Students seeking a private university experience in Nashville
- Students who prioritize a moderate campus size
Avoid If
- You are seeking a strong financial return on your degree investment
- You require highly selective admissions
Frequently Asked Questions about Lipscomb University
Is Lipscomb University a good financial investment?
Based on the provided ROI score of -66, which indicates that graduates' earnings do not significantly outpace their debt and tuition costs over the long term, Lipscomb University may not be a strong financial investment for all students.
What is the graduation rate at Lipscomb University?
Lipscomb University has a graduation rate of 70.5%.
How much debt do students typically graduate with from Lipscomb University?
The median debt at graduation for students at Lipscomb University is $19,500.
What are the average earnings for Lipscomb University graduates?
The median earnings 10 years after entry for Lipscomb University graduates are $55,541.
Is Lipscomb University difficult to get into?
With an admission rate of 67.7%, Lipscomb University is moderately selective.
What is the acceptance rate at Lipscomb University and how hard is it to get in?
Lipscomb University has an admission rate of approximately 67.7%, indicating that it is moderately selective. While not as competitive as highly selective institutions, it still requires applicants to present a solid academic profile. To increase your chances of admission, focus on achieving strong grades in high school, particularly in core subjects like English, Math, Science, and Social Studies. A GPA of 3.5 or higher is generally recommended. Standardized test scores, if submitted, should be competitive; the middle 50% of admitted students typically score around 1050-1250 on the SAT or a 21-27 on the ACT. Strong extracurricular involvement, compelling essays, and letters of recommendation can also significantly bolster your application. Prospective students should ensure they meet all application deadlines and submit all required materials, including transcripts, test scores, and application essays, to be considered for admission.
Is Lipscomb University worth the money?
Evaluating whether Lipscomb University is worth the money requires a careful cost-benefit analysis. The annual tuition of $40,572 is substantial, and the median 10-year earnings of $55,541 suggest a relatively slow return on investment. With median debt at $19,500, it will likely take graduates several years to pay off their loans and recoup their tuition costs, especially after accounting for living expenses. The ROI score of -66 further highlights this concern, indicating that, on average, graduates' earnings do not significantly outpace the cost of their education in the short to medium term. While Lipscomb offers a private university experience and benefits from its Nashville location, students considering it should weigh these factors against the financial implications. For those who can secure significant financial aid or scholarships, or who plan to enter high-earning fields where Lipscomb has strong placement, the value proposition might improve. However, based purely on the provided financial metrics, it appears to be an expensive choice with a prolonged financial payback period.
What are the best majors at Lipscomb University?
Lipscomb University offers a range of strong programs, particularly those aligned with Nashville's dominant industries. The College of Business excels, with majors like Accounting, Finance, and Marketing often leading to successful careers in the city's robust financial and corporate sectors. The College of Professionalism, which includes programs like Health Services Administration and Management, is highly relevant given Nashville's status as a healthcare capital, preparing graduates for roles in hospital administration and healthcare management. The College of Entertainment & Music Business is another standout, leveraging Nashville's unique cultural landscape to offer degrees in areas like Music Business and Entertainment Marketing. For students interested in STEM, Computer Science and Engineering programs are growing in strength, feeding into the city's expanding tech industry. Graduates from these programs often find strong internship and job opportunities within major Nashville-based companies like HCA Healthcare, Pinnacle Financial Partners, and various music industry firms.
What is student life like at Lipscomb University?
Student life at Lipscomb University is characterized by a strong sense of community, rooted in its Christian identity and liberal arts tradition. The campus culture emphasizes spiritual growth, academic excellence, and service. Students can engage in a variety of activities, including intramural and NCAA Division I athletics, numerous student clubs and organizations covering diverse interests from academic societies to cultural groups, and opportunities for worship and spiritual development through chapel services and small groups. The university hosts regular campus events, concerts, and lectures, contributing to a vibrant social scene. While it's a private institution with a focused mission, there's a balance between academic rigor and social engagement. The relatively small size of the student body (around 3,000) fosters a close-knit environment where students often know each other and faculty members well, creating a supportive and engaging campus experience.
How much financial aid does Lipscomb University give?
Lipscomb University is committed to making education accessible and offers a variety of financial aid options to help students manage the cost of attendance. This includes federal and state grants, institutional scholarships, and student loans. A significant portion of students receive some form of financial aid. Merit-based scholarships are awarded based on academic achievement, while need-based aid is determined by a student's financial circumstances as assessed through the FAFSA. The university also offers specific scholarships for students in certain academic programs, for leadership involvement, or for those with specific talents. While the average financial aid package details can vary annually, prospective students are strongly encouraged to complete the FAFSA and the university's own financial aid application to determine their eligibility for grants, scholarships, and loans. It's crucial to explore all available options, as institutional aid can significantly reduce the out-of-pocket cost for many students.
What salary can I expect after graduating from Lipscomb University?
The median salary for Lipscomb University graduates 10 years after enrollment is $55,541. However, expected salaries can vary significantly by major. Graduates from programs aligned with Nashville's high-demand sectors, such as healthcare administration or technology, may see higher earnings. For instance, those entering roles in healthcare management or specialized IT fields could potentially earn upwards of $70,000-$80,000 or more within a decade. Conversely, graduates from fields with lower market demand or in lower-paying sectors might earn closer to or below the median. Specific salary data by major is not consistently published by the university, but alumni in finance and accounting often report strong starting salaries and career progression within Nashville's financial institutions. It's important to research specific career paths within your chosen major and consult with Lipscomb's career services for more tailored salary expectations based on current market trends and employer recruitment data.
What are the dorms like at Lipscomb University?
Lipscomb University provides a range of on-campus housing options designed to support student life and community. The residence halls are generally modern and well-maintained, offering a comfortable living environment for undergraduate students. Housing options typically include traditional dormitory-style rooms with shared bathrooms, as well as suite-style living arrangements. Each hall usually has common areas for studying and socializing, laundry facilities, and often a kitchen or kitchenette area. Many halls are designated by gender, and some may have specific living-learning communities or floors focused on particular interests or academic programs. The university emphasizes creating a safe and supportive atmosphere within the dorms, with resident assistants (RAs) available to help students adjust and address any concerns. While specific amenities can vary by building, the overall goal is to provide a conducive environment for academic success and personal growth.
Is Lipscomb University a good school for research?
Lipscomb University offers undergraduate research opportunities, particularly within its science, engineering, and health professions programs. While it is not a large research university like Vanderbilt, it provides students with chances to engage in faculty-led research projects. These opportunities allow students to gain hands-on experience in data collection, analysis, and presentation, often culminating in presentations at undergraduate research symposia or even professional conferences. The College of Sciences, College of Engineering, and College of Pharmacy often have active research labs. Students interested in pursuing graduate studies or careers in research and development can benefit from these experiences, as they provide valuable practical skills and a deeper understanding of their chosen fields. The emphasis is often on applied research that aligns with faculty expertise and student interests, offering a more personalized research experience than might be found at larger institutions.
How does Lipscomb University compare to similar schools?
Lipscomb University is often compared to other private universities in the Nashville area and the broader Southeast region that offer a similar size and mission. Its closest peer in Nashville is Belmont University, another private institution with a strong presence in music business and healthcare, though Belmont generally has a slightly higher admission rate and a more diverse student body. Nationally, it might be compared to other faith-based or liberal arts colleges of similar size and tuition range. Compared to larger public universities like Middle Tennessee State University (MTSU) or the University of Tennessee, Lipscomb offers smaller class sizes, a more intimate campus environment, and a stronger emphasis on its Christian values. However, public universities typically have lower tuition costs and a wider range of academic programs and research facilities. Compared to highly selective private universities like Vanderbilt (also in Nashville), Lipscomb has a higher acceptance rate, lower tuition, and a different academic focus, with Vanderbilt being a major research institution.
What do employers think of a degree from Lipscomb University?
Employers, particularly within the Nashville metropolitan area, generally hold a positive view of graduates from Lipscomb University. The university's strong ties to local industries, especially healthcare, finance, and the music business, mean that many employers are familiar with the quality of Lipscomb's programs and its graduates. The emphasis on practical experience through internships and co-op programs is highly valued by employers, as it often means Lipscomb graduates are well-prepared for entry-level roles. The university's Christian mission and focus on character development can also be appealing to employers seeking well-rounded individuals. While Lipscomb may not have the same broad national brand recognition as larger, more established universities, its reputation within its core geographic and industry markets is solid. Employers often see Lipscomb graduates as having a strong work ethic and being ready to contribute effectively to their organizations.
Explore More
Colleges in Tennessee
Browse all colleges in Tennessee
Similar Schools
College Rankings
Research Tools
H-1B Visa Salary Data
- H-1B Salaries in Tennessee — Visa sponsorship salary data for Tennessee
- Top H-1B Sponsors — Companies sponsoring work visas
- H-1B Salary Calculator
Visit Lipscomb University official website
View on College Scorecard (Dept. of Education)
AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.