Concorde Career College-Memphis
Memphis, TN 38137-0132 — Private For-Profit
Value Score: 65/100
Acceptance Rate: 95.1% | Graduation Rate: 53.1%
Median Earnings (10yr): $31,599 | Median Debt: $9,500
Student Body Size: 517 (small)
Pell Grant Recipients: 81.9% | Federal Loan Rate: 79.6%
Average Faculty Salary: $5,513/month
Admissions Snapshot
Concorde Career College-Memphis has an acceptance rate of 95.1%, placing it in the Open Admission (85%+) category. This means roughly 136 students apply each year.
Concorde Career College-Memphis accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
Graduate Outcomes & Return on Investment
53.1% of students at Concorde Career College-Memphis complete their degree, 14% below the national average. This is below average — prospective students should investigate support services and retention programs.
Graduates of Concorde Career College-Memphis earn a median salary of $31,599 ten years after enrollment, 23% below the national average.
The median student debt at graduation is $9,500, 56% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $103/month, with a total repayment of $12,360 (including $2,860 in interest).
Debt-to-Earnings Ratio: 0.30x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Financial Aid Profile
81.9% of students at Concorde Career College-Memphis receive Pell Grants (federal need-based aid for families earning under ~$60,000), 148% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.
79.6% of students take federal loans, 69% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $5,513/month, 37% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Concorde Career College-Memphis enrolls 517 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 73/100 (higher = more diverse). Concorde Career College-Memphis has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 6%, Hispanic 7%, Black 51%, Asian 1%.
Concorde Career College-Memphis: Career-Focused Programs with Below-Average Graduation Rates
- Concorde Career College-Memphis: Your Fast Track to Healthcare and Skilled Trades Careers
- Investing in Your Future: Analyzing the Career Outcomes and Value of Concorde Career College-Memphis
- Beyond the Classroom: What Life is Like for Concorde Career College-Memphis Graduates
Report Card: Overall Grade D
Concorde Career College-Memphis receives an overall grade of D based on six dimensions:
- Academics: D
- Outcomes: D
College Analysis
Concorde Career College-Memphis is a Private For-Profit institution in Memphis, TN with approximately 517 students. Academics: Offers a variety of career-focused programs, but graduation rates are below average. Value: Median debt is relatively low, but earnings potential is modest. Outcomes: Graduates have a median earnings of $31,599 after 10 years, which is below the national average. Peer Comparison: Compared to similar for-profit institutions, Concorde Career College-Memphis has lower graduation rates and slightly higher median debt.
The Verdict: Is Concorde Career College-Memphis Worth It?
Concorde Career College-Memphis presents a mixed value proposition. With a median 10-year earning potential of $31,599 and a median debt of $9,500, the return on investment (ROI) appears modest. The debt-to-earnings ratio is relatively low, suggesting that graduates can likely pay off their loans within a few years. For example, if a graduate earns $31,599 annually, they could potentially pay off $9,500 in debt within 3-4 months of consistent saving, assuming reasonable living expenses. However, the median earnings are on the lower side, which may limit long-term earning potential compared to degrees from four-year institutions or programs with higher earning ceilings. The high admission rate (95.1%) and a graduation rate of 53.1% suggest that the school is accessible but also that a significant portion of students do not complete their programs, which can impact the overall value for those who do not graduate. Given the focus on vocational training for specific roles in healthcare and trades, the value is highly dependent on the individual's career goals and the local demand for their specific skill set. If a graduate secures a stable, in-demand position immediately after graduation within the Memphis area, the education can be considered a worthwhile investment for career entry. However, if long-term career advancement or higher earning potential is the primary goal, the value may be limited. It's a decent deal for immediate job placement in specific vocational fields, but not a pathway to significant wealth accumulation.
Return on Investment
While the cost is relatively low, the modest earnings potential and low graduation rates may not justify the investment for many students.
Debt Reality Check
Median student debt at Concorde Career College-Memphis: $9,500. Monthly payment on a standard 10-year plan: $108/month. Total repaid: $12,960 ($3,460 in interest).
Breakeven vs high school diploma: 5.9 years. Debt burden: Low. Salary needed for comfortable repayment: $12,960.
Strengths
- Diverse student body
- Wide range of career programs
- Low median student debt
Weaknesses
- Below-average graduation rates
- Moderate earnings potential
- Higher debt compared to some peers
Academic Profile
Concorde Career College-Memphis excels in providing specialized training for in-demand healthcare and allied health professions. Key programs often include Medical Assistant, Dental Assistant, Medical Billing and Coding, and Practical Nursing, among others. These programs are designed with direct input from industry professionals to ensure graduates possess the skills employers are actively seeking. Faculty members are typically experienced practitioners in their respective fields, bringing real-world knowledge and current industry practices into the classroom. While specific faculty salary data isn't provided, the focus on vocational training suggests a commitment to hiring instructors with proven professional backgrounds. The student-faculty ratio, though not explicitly stated, is generally kept manageable in such programs to allow for personalized instruction and hands-on training. Academic support resources are crucial here, likely including tutoring services, career counseling, and resume-building workshops tailored to the healthcare job market. Honors programs are uncommon in this setting, as the emphasis is on achieving competency in a specific trade. Study abroad opportunities are also not a typical offering, given the career-focused nature of the curriculum. The strength of Concorde's academic profile lies in its ability to deliver targeted, efficient training that leads directly to licensure and employment in critical healthcare roles.
Financial Aid Guide for Concorde Career College-Memphis
Pell Grant recipients: 81.9%. Students taking federal loans: 79.6%.
Navigating financial aid at Concorde Career College-Memphis is primarily centered around federal student aid programs, given its status as a private for-profit institution. The majority of students will rely on federal Pell Grants for those with significant financial need and federal student loans (Direct Subsidized and Unsubsidized) to cover tuition and living expenses. Merit-based aid is less common here; the focus is on need-based assistance and the availability of federal funding. Work-study opportunities may be limited but are worth inquiring about, as they can provide valuable on-campus or off-campus employment. For students from lower-income households (e.g., under $30,000 annual family income), a substantial portion of tuition could be covered by Pell Grants and federal loans, potentially leaving a manageable debt burden. For middle-income families (e.g., $50,000-$75,000), federal loans will likely form the bulk of the aid package, with the median debt of $9,500 suggesting that many students manage their borrowing effectively. Scholarship opportunities outside of federal aid are scarce and typically come from external organizations or specific program-related awards. Negotiating aid is generally not a strong suit at for-profit institutions; aid packages are often standardized based on federal regulations and program costs. It's crucial for prospective students to complete the FAFSA early and work closely with the financial aid office to understand their total cost of attendance and the maximum federal aid they qualify for. The median debt of $9,500 is a key figure to keep in mind, indicating that while loans are common, they are often kept at a relatively low level compared to other institutions.
Hidden Costs at Concorde Career College-Memphis
- Textbooks and required course materials can range from $500 to $1,500 per academic year, depending on the program.
- Uniforms and specialized equipment, such as scrubs, stethoscopes, or specific software access, can cost between $200 and $800.
- Program-specific lab fees or technology fees may add $100 to $300 per semester.
- Transportation costs for commuting to campus, including gas and vehicle maintenance, could be $100 to $300 per month.
- Parking permits, if required and available on campus, might cost $50 to $150 per semester.
- Student activity fees, though often minimal, can add $20 to $50 per semester.
- Potential costs for background checks or drug screenings required for clinical rotations can range from $50 to $150.
Alumni Outcomes & Career Paths
Concorde Career College-Memphis primarily serves students seeking entry-level positions in healthcare and skilled trades. Graduates often find employment within the robust healthcare sector of the Memphis metropolitan area. Major employers that frequently recruit from Concorde include large hospital systems like Methodist Le Bonheur Healthcare, Baptist Memorial Health Care, and Saint Francis Healthcare. Other significant employers in allied health fields include diagnostic imaging centers, dental practices, and long-term care facilities such as Brookdale Senior Living. In the skilled trades, graduates may find opportunities with local HVAC companies, plumbing contractors, and automotive repair shops. While specific graduate school placement rates are not readily available, the focus of Concorde's programs is typically on direct workforce entry rather than advanced academic pursuits. The career services department at Concorde aims to assist students with resume building, interview preparation, and job placement. They often foster relationships with local businesses to create internship and externship opportunities, which serve as crucial pipelines for potential employment. For instance, externships at local clinics or workshops provide hands-on experience that employers value. Geographic hiring patterns for Concorde-Memphis graduates are heavily concentrated within a 50-mile radius of Memphis, reflecting the school's mission to serve the immediate community and its surrounding areas. While some graduates may relocate for specific job opportunities, the majority remain within Tennessee, Arkansas, and Mississippi.
Campus Life & Culture at Concorde Career College-Memphis
The student body at Concorde Career College-Memphis is largely comprised of individuals seeking to enter the healthcare workforce, often as a second career or first professional step. The demographic tends to be diverse, reflecting the Memphis community, with a strong representation of adult learners balancing education with work and family responsibilities. Students who thrive here are typically self-motivated, goal-oriented, and possess a genuine desire to contribute to the healthcare sector.
Concorde Career College-Memphis offers a focused, career-oriented environment rather than a traditional sprawling campus experience. As a private for-profit institution, the student body is primarily driven by the goal of entering specific vocational fields, which shapes the overall campus culture. Social life tends to revolve around shared academic pursuits and extracurricular activities directly related to career training. While there isn't a traditional dormitory system, many students commute from various neighborhoods across Memphis and the surrounding Shelby County area. This means the 'vibe' is less about a self-contained residential community and more about a professional hub where students connect through shared learning objectives. Student organizations are likely to be program-specific, such as a student nursing association or a future medical assistants group, providing networking and skill-building opportunities. Athletics and Greek life are generally not features of this type of institution, so the focus remains squarely on academic and professional development. Dining options are typically limited to on-campus vending machines or nearby fast-casual eateries, reflecting the commuter-heavy nature of the student population. The campus itself is likely a modern facility designed for practical training, with labs and simulation areas taking precedence over recreational spaces. The student experience is defined by a strong sense of purpose and a direct path to employment upon graduation.
Campus Highlights
- Specialized, career-focused programs designed for immediate job market entry.
- Faculty comprised of experienced industry professionals.
- Hands-on training and practical skill development in simulated environments.
- Strong emphasis on preparing students for licensure exams.
- Career services support for job placement assistance.
- Flexible start dates and program schedules to accommodate diverse student needs.
- A direct pathway to employment in high-demand healthcare fields.
Location & Regional Advantages
Concorde Career College-Memphis benefits from its location in a major Southern city with a significant and growing healthcare industry. Memphis, TN, offers a substantial job market, particularly in healthcare, which aligns directly with many of Concorde's program offerings. The presence of large hospital networks like Methodist Le Bonheur and Baptist Memorial Health Care creates consistent demand for skilled healthcare professionals, including medical assistants, dental assistants, and surgical technologists. The cost of living in Memphis is generally lower than the national average, making the median debt of $9,500 more manageable for graduates. This affordability extends to housing, transportation, and daily expenses, allowing graduates to potentially save more of their earnings. While Memphis is not a primary hub for cutting-edge tech or finance industries, it is a strong regional center for logistics (FedEx headquarters), automotive manufacturing, and, crucially, healthcare services. Proximity to these sectors, especially healthcare, provides a stable employment landscape for Concorde graduates. The quality of life in Memphis is characterized by its rich cultural heritage, particularly its music scene (blues, rock 'n' roll), and a vibrant culinary landscape. The weather is typical of the Mid-South, with hot summers and mild winters. Safety can be a concern in certain areas of any large city, and prospective students should research specific neighborhoods. The geographic advantage for Concorde-Memphis lies in its direct access to a large, stable healthcare employment market and a lower cost of living, which can positively impact early career financial stability.
How to Get Into Concorde Career College-Memphis
Gaining admission to Concorde Career College-Memphis is generally straightforward, given its high admission rate of 95.1%. The admissions office primarily looks for candidates who demonstrate a clear interest in pursuing a specific healthcare or allied health career and possess the foundational skills necessary for success in their chosen program. While SAT/ACT scores are not a factor, a high school diploma or GED is a prerequisite. Your application essay, if required, should articulate your motivation for entering the field, any relevant experiences (even volunteer work), and your understanding of the commitment involved. Demonstrating interest can be as simple as attending an information session, touring the campus, or having a detailed conversation with an admissions representative. The timeline is typically flexible; it's advisable to apply at least 3-6 months before your desired start date to allow ample time for financial aid processing. Since Concorde is not highly selective, the focus is less on outcompeting other applicants and more on ensuring you meet the program prerequisites and are a good fit for the career path.
How Concorde Career College-Memphis Compares to Similar Schools
Similar schools: Remington College-Memphis Campus, Southwest Tennessee Community College, Herzing University-Memphis
Advantages
- Strong focus on specific, in-demand healthcare and skilled trades programs tailored to the local job market.
- Potentially faster program completion times compared to traditional community colleges or universities, allowing for quicker entry into the workforce.
- Career services are often geared towards direct job placement with local employers, offering a more targeted approach.
Disadvantages
- Higher tuition costs compared to public community colleges like Southwest Tennessee Community College, which may offer similar foundational training at a lower price.
- For-profit status can sometimes lead to perceptions of lower academic rigor or a primary focus on profit over student success compared to non-profit institutions.
- Limited range of academic programs and fewer opportunities for transfer to four-year degrees compared to comprehensive community colleges.
Best For
- Prospective students should consider the low graduation rates and potential for higher debt when evaluating this college.
- Students interested in high-earning fields may want to explore other options with better job placement rates.
Avoid If
- Students seeking a high-earning career path should look elsewhere, as the median earnings after 10 years are below average.
- Individuals looking for a low-cost education with a strong local focus may find Concorde Career College-Memphis suitable.
Frequently Asked Questions about Concorde Career College-Memphis
How much does it cost to attend Concorde Career College-Memphis?
In-state tuition at Concorde Career College-Memphis is N/A per year, and out-of-state tuition is N/A per year. The median student debt at graduation is $9,500.
What is the acceptance rate at Concorde Career College-Memphis?
Concorde Career College-Memphis has an acceptance rate of 95.1%.
What is the graduation rate at Concorde Career College-Memphis?
Concorde Career College-Memphis has a graduation rate of 53.1%.
How much do Concorde Career College-Memphis graduates earn?
The median earnings for Concorde Career College-Memphis graduates 10 years after enrollment is $31,599. With median debt of $9,500, graduates earn roughly 3.3x their debt level annually.
How big is Concorde Career College-Memphis?
Concorde Career College-Memphis has approximately 517 students and is classified as a small institution. It is located in Memphis, TN and is a Private For-Profit institution.
Where is Concorde Career College-Memphis located?
Concorde Career College-Memphis is located in Memphis, TN. It is a Private For-Profit institution with approximately 517 students.
How much student debt do Concorde Career College-Memphis graduates have?
The median student debt for Concorde Career College-Memphis graduates is $9,500. With median earnings of $31,599 ten years after enrollment, graduates can expect a debt-to-income ratio of 30%.
Is Concorde Career College-Memphis a good college?
Concorde Career College-Memphis has a graduation rate of 53.1% and median post-graduation earnings of $31,599. 56% of students are Black, making it one of the most diverse campuses in the area.
How does Concorde Career College-Memphis compare to similar colleges?
The college offers a wide range of career programs, including healthcare and automotive technology. Compared to peer institutions, Concorde Career College-Memphis offers a lower-cost education with modest earnings potential.
What career prospects do Concorde Career College-Memphis graduates have?
Graduates of Concorde Career College-Memphis are well-prepared for entry-level positions in their chosen fields.
What should prospective students know about Concorde Career College-Memphis?
Concorde Career College-Memphis is positioned in a competitive market with other for-profit institutions offering similar career-focused programs.
What makes Concorde Career College-Memphis stand out?
Median student debt is $9,500, which is below the national average for for-profit institutions.
What are the pros and cons of attending Concorde Career College-Memphis?
The majority of students are from Memphis, indicating a strong local presence.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.