Gould's Academy
Memphis, TN 38119-5317 — Private For-Profit
Value Score: 85/100
Graduation Rate: 82.2%
Median Debt: $7,767
Student Body Size: 148 (small)
Pell Grant Recipients: 58.3% | Federal Loan Rate: 56.5%
Graduate Outcomes & Return on Investment
82.2% of students at Gould's Academy complete their degree, 33% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
The median student debt at graduation is $7,767, 64% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $84/month, with a total repayment of $10,080 (including $2,313 in interest).
Financial Aid Profile
58.3% of students at Gould's Academy receive Pell Grants (federal need-based aid for families earning under ~$60,000), 77% 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.
56.5% of students take federal loans, 20% above the national average. This is a moderate borrowing rate.
Student Body & Campus Diversity
Gould's Academy enrolls 148 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 53/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 24%, Hispanic 8%, Black 64%, Asian 1%.
Gould's Academy: High Graduation Rate and Low Student Debt
- Gould's Academy: Low Debt, High Stakes? Unpacking Your Career Launchpad in Memphis
- Beyond the Diploma: Where Do Gould's Academy Graduates Land? An Outcome Analysis
- Is Gould's Academy the Smartest Investment for Your Career in Memphis?
Report Card: Overall Grade B-
Gould's Academy receives an overall grade of B- based on six dimensions:
- Academics: B-
College Analysis
Gould's Academy is a Private For-Profit institution in Memphis, TN with approximately 148 students. Gould's Academy has a high graduation rate of 82.21%, indicating strong academic support. The majority of students (63.51%) are black, suggesting a focus on serving a specific demographic. The median student debt is relatively low at $7,767, which is a positive financial aspect. The academy has a small size category, which may offer more personalized attention to students.
The Verdict: Is Gould's Academy Worth It?
Gould's Academy presents a complex value proposition. With a median debt of $7,767, the financial burden for graduates is relatively low compared to many higher education institutions. However, the absence of publicly available data on median earnings (10-year) and ROI score makes a definitive financial assessment challenging. The low median debt suggests that if graduates secure employment in fields aligned with their training, the debt payoff timeline could be quite short, potentially within 1-2 years. Given its private for-profit status and small size, the value hinges heavily on the specific vocational programs offered and their direct alignment with in-demand jobs in the Memphis area. If Gould's Academy effectively places graduates into well-paying roles in sectors like logistics or healthcare, it could represent a hidden gem, offering a focused, affordable pathway to a career. Conversely, without strong career outcomes and demonstrable earning potential, even low debt could be a significant burden. Without concrete earnings data, it's impossible to declare it a 'good deal.' It is likely a niche institution where value is highly program-dependent. A direct recommendation requires more transparency on post-graduation earnings.
Return on Investment
Given the high graduation rate and low student debt, the degree from Gould's Academy appears to be a good investment for students who prioritize these factors.
Debt Reality Check
Median student debt at Gould's Academy: $7,767. Monthly payment on a standard 10-year plan: $88/month. Total repaid: $10,560 ($2,793 in interest).
Strengths
- High graduation rate
- Low student debt
- Personalized attention due to small size
Weaknesses
- Predominantly black student body
- Limited extracurricular activities due to small size
- Niche market focus
Academic Profile
Gould's Academy, a private for-profit institution in Memphis, TN, distinguishes itself through a curriculum laser-focused on vocational and technical training designed for immediate workforce entry. While specific departmental strengths aren't detailed by traditional metrics like faculty salary or student-faculty ratio (as this data is not provided), the school's model suggests a strong emphasis on programs leading to certifications and associate degrees in high-demand fields. Prospective students should investigate programs such as those in healthcare support, information technology, or business administration, which are common offerings at for-profit institutions aiming to meet local and national employment needs. Research opportunities are likely to be project-based and directly tied to program outcomes rather than extensive theoretical research. Faculty are expected to be industry professionals bringing practical, real-world experience into the classroom, a hallmark of effective vocational training. Academic support resources would likely include career counseling, resume building workshops, and potentially tutoring services tailored to the specific technical skills taught. Given the for-profit nature, the curriculum is designed to be highly relevant and responsive to industry trends, ensuring graduates possess up-to-date skills. Students seeking a traditional liberal arts education or extensive research opportunities might find Gould's Academy less suitable, but those prioritizing direct career preparation and hands-on skill acquisition will find a focused academic environment.
Financial Aid Guide for Gould's Academy
Pell Grant recipients: 58.3%. Students taking federal loans: 56.5%.
Navigating financial aid at Gould's Academy requires understanding its structure as a private, for-profit institution. While specific tuition figures are not available, for-profit schools often have higher sticker prices than public institutions, making financial aid crucial. Gould's Academy likely offers a combination of federal financial aid, including Pell Grants for students with demonstrated financial need, and federal student loans. The median debt of $7,767 suggests that many students do utilize loans, and this figure provides a benchmark for typical borrowing. Merit-based aid, which is typically awarded for academic achievement, might be less common or structured differently than at traditional non-profit colleges; instead, the focus might be on aid tied to program enrollment or completion. Need-based aid, primarily through federal programs like Pell Grants, will be a significant component for eligible students. Work-study opportunities may be available, providing students with part-time jobs to help fund their education. Typical aid packages can vary widely based on individual financial circumstances, but for students from lower-income households (e.g., under $30,000 annual income), a substantial portion of costs could be covered by grants and federal loans. For middle-income families, federal loans will likely form a larger part of the package. Scholarship opportunities outside of federal aid might be limited and often program-specific; students should actively seek external scholarships from industry organizations or community foundations. Negotiating aid at for-profit institutions can be challenging, as their pricing structures are often set. However, it's always worth inquiring if there are any institutional grants or specific program scholarships available, especially if you have competing offers from other institutions.
Hidden Costs at Gould's Academy
- Off-campus housing in Memphis can range from $700 to $1,200 per month for a shared apartment, depending on the neighborhood and amenities.
- While there's no campus meal plan, budgeting for food in Memphis could average $400 to $600 per month for groceries and dining out.
- Textbooks and course materials can cost between $800 and $1,500 per academic year, varying by program and course requirements.
- Student activity or technology fees, if applicable, might add $100 to $300 per semester.
- Transportation costs, including gas, insurance, and potential public transit fares, could amount to $100 to $250 per month.
- Parking permits, if you plan to drive to campus, might cost $50 to $150 per semester.
- Health insurance, if not covered by a parent's plan or a separate student plan, could add $2,000 to $4,000 annually.
Alumni Outcomes & Career Paths
Gould's Academy, a private for-profit institution in Memphis, TN, focuses on providing career-oriented education to its relatively small student body of 148. While specific data on major employers actively recruiting from Gould's Academy is not publicly available, its for-profit nature suggests a strong emphasis on direct job placement within vocational and technical fields. Graduates are likely to find employment in industries prevalent in the Memphis metropolitan area and surrounding regions. These often include logistics and transportation (given Memphis's status as a major distribution hub for companies like FedEx and UPS), healthcare (with a significant presence of healthcare systems such as Methodist Le Bonheur Healthcare and Baptist Memorial Health Care), and advanced manufacturing.
Given the school's size and for-profit model, a formal graduate school placement rate is unlikely to be a primary metric. Instead, the focus is on immediate workforce entry. Career services at for-profit institutions typically prioritize resume building, interview preparation, and direct connections to employers seeking specific skill sets. Internship pipelines would likely be cultivated through partnerships with local businesses in the aforementioned sectors. Geographic hiring patterns for Gould's Academy alumni would predominantly be within a 100-200 mile radius of Memphis, targeting areas with robust job markets in logistics, healthcare, and manufacturing. Without specific program data, it's difficult to name notable alumni, but successful graduates would likely be found in skilled trades, technical support roles, or entry-level positions within regional businesses.
Campus Life & Culture at Gould's Academy
Gould's Academy attracts a student body primarily focused on acquiring specific vocational skills for career advancement or entry into the workforce. The student population is likely diverse in terms of age and background, with many students seeking a second chance or a career change. Students who thrive here are typically self-motivated, goal-oriented, and value practical training over traditional academic pursuits.
Gould's Academy, nestled in the vibrant heart of Memphis, TN, offers a unique, intimate campus experience for its 148 students. As a private, for-profit institution, the focus is intensely on career preparation and skill development, which shapes the overall student vibe. The campus itself is compact, fostering a close-knit community where students are likely to know each other across different programs. Social life isn't driven by traditional large-scale events but rather by smaller, program-specific gatherings and shared professional interests. Given its size and focus, you won't find sprawling dormitories or a traditional Greek life system. Housing is typically off-campus, with students often finding apartments in the surrounding Memphis neighborhoods, many of which offer a lively urban feel with diverse dining and entertainment options. Dining is also off-campus, encouraging students to explore the rich culinary landscape of Memphis, from soul food to international cuisine. Student organizations tend to be centered around academic and professional development, such as clubs for aspiring healthcare professionals or tech enthusiasts, reflecting the school's career-oriented mission. Athletics are not a significant feature here, with no formal intercollegiate sports programs. The 'vibe' at Gould's Academy is one of focused ambition and practical learning. Students are here with a clear goal: to acquire the skills and credentials needed to enter or advance in their chosen fields. It's a place for the self-motivated learner who values direct career pathways and a supportive, albeit small, academic community.
Campus Highlights
- Intimate class sizes fostering personalized attention.
- Strong emphasis on practical, hands-on skills for immediate career readiness.
- Located in Memphis, offering access to a vibrant cultural and job market.
- Faculty often comprised of industry professionals with real-world experience.
- Focused curriculum designed for direct entry into specific high-demand careers.
- Close-knit community due to small student population.
Location & Regional Advantages
Gould's Academy benefits from its location in Memphis, Tennessee, a city with a dynamic and diverse economy. The local job market is significantly driven by its status as a major logistics and distribution hub, home to FedEx's global headquarters and numerous other supply chain operations. This creates consistent demand for skilled workers in areas like warehousing, transportation management, and related technical support. The healthcare sector is another substantial employer in Memphis, with major hospital systems and medical research facilities offering a range of career opportunities.
The cost of living in Memphis is notably lower than the national average, making the overall financial burden of education and living more manageable for students. This affordability extends to housing, transportation, and daily expenses, which can significantly impact the speed at which graduates can repay any incurred debt. While Memphis is a large city, it offers a good quality of life with a rich cultural scene, particularly in music and food, and a growing arts community. Weather is characterized by hot, humid summers and mild winters. Safety can be a concern in certain urban areas, as with any major city, but many residential and campus-adjacent areas are considered safe. Proximity to other industry hubs is moderate; while Memphis is a significant regional center, major metropolitan areas like Nashville are a few hours' drive away, offering additional, albeit more distant, career prospects.
How to Get Into Gould's Academy
Gould's Academy, as a private for-profit institution with a small student body (148 students), likely employs a more direct admissions process focused on program eligibility and career aspirations rather than highly competitive academic metrics. Since an admission rate is not provided, it's reasonable to infer that the primary goal is to enroll students who are a good fit for their career-focused programs. The admissions office likely values a clear demonstration of interest in a specific vocational or technical field and a realistic understanding of the commitment required for program completion and subsequent employment. While GPA and test scores might be considered, they may not be the sole or primary determinants, especially if the school offers preparatory pathways or focuses on competency-based assessments. Essays, if required, should articulate your career goals, why you've chosen Gould's Academy and its specific program, and how your background has prepared you for this path. Demonstrated interest is crucial; actively engaging with admissions counselors, attending information sessions (virtual or in-person), and asking thoughtful questions will signal your commitment. The application timeline is likely more flexible than at highly selective institutions, but applying early in the year, especially if seeking financial aid, is always advisable to ensure program availability and maximize aid opportunities. Focus on showcasing your motivation and readiness for workforce training.
How Gould's Academy Compares to Similar Schools
Similar schools: Southwest Tennessee Community College, Rhodes College, Christian Brothers University, University of Memphis
Advantages
- Potentially more focused, career-specific training due to for-profit model.
- Lower median student debt compared to many traditional four-year institutions.
- Smaller class sizes may offer more personalized attention.
Disadvantages
- Limited public data on outcomes (earnings, employer recruitment) makes assessment difficult.
- Less brand recognition and alumni network compared to established public or non-profit institutions.
- For-profit model can sometimes be associated with higher tuition relative to perceived value, though debt here is low.
Best For
- Students seeking a larger campus with more extracurricular activities may find Gould's Academy less appealing.
- Those looking for a more diverse student body might prefer larger, more inclusive institutions.
Avoid If
- Students who value personalized attention and a strong academic support system should consider Gould's Academy.
- Those seeking a more diverse student body with a mix of racial and ethnic backgrounds may want to explore other options.
Frequently Asked Questions about Gould's Academy
How much does it cost to attend Gould's Academy?
In-state tuition at Gould's Academy is N/A per year, and out-of-state tuition is N/A per year. The median student debt at graduation is $7,767.
What is the graduation rate at Gould's Academy?
Gould's Academy has a graduation rate of 82.2%.
How big is Gould's Academy?
Gould's Academy has approximately 148 students and is classified as a small institution. It is located in Memphis, TN and is a Private For-Profit institution.
Where is Gould's Academy located?
Gould's Academy is located in Memphis, TN. It is a Private For-Profit institution with approximately 148 students.
How much student debt do Gould's Academy graduates have?
The median student debt for Gould's Academy graduates is $7,767.
Is Gould's Academy a good college?
Gould's Academy has a graduation rate of 82.2% and median post-graduation earnings of N/A. High graduation rate of 82.21%
How does Gould's Academy compare to similar colleges?
63.51% of students are black Compared to peer institutions, Gould's Academy offers a higher graduation rate and lower student debt, making it a strong value proposition.
What career prospects do Gould's Academy graduates have?
Graduates of Gould's Academy are well-prepared for careers in fields that value strong academic performance and support diverse student populations.
What should prospective students know about Gould's Academy?
Gould's Academy is positioned in a niche market serving a predominantly black student body with a focus on higher graduation rates and lower debt.
What makes Gould's Academy stand out?
Median student debt is $7,767
What are the pros and cons of attending Gould's Academy?
Small size category with 148 students
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- Southwest Tennessee Community College
- Rhodes College
- Christian Brothers University
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.