CollegeTuitionData — College Data in Plain English

Le Moyne-Owen College

Memphis, TN 38126-6595 — Private Nonprofit

Value Score: 55/100 | ROI Score: -26 | Affordability Score: 75/100

Tuition (In-State): $12,076 | Out-of-State: $12,076

Acceptance Rate: 99.2% | Graduation Rate: 25.8% | Retention Rate: 47.2%

Median Earnings (10yr): $35,594 | Median Debt: $28,070

ACT Midpoint: 15

Student Body Size: 581 (small)

Pell Grant Recipients: 67.3% | Federal Loan Rate: 53.9%

Average Faculty Salary: $5,132/month

Tuition & Affordability Analysis

In-state tuition at Le Moyne-Owen College is $12,076 per year, which is 69% below the national average for private institutions.

Out-of-state students pay $12,076/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $48,304 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Le Moyne-Owen College:

  • Families earning $0–$30,000: $6,393/year
  • Families earning $30,001–$48,000: $7,213/year
  • Families earning $48,001–$75,000: $7,411/year
  • Families earning $75,001–$110,000: $8,112/year

Low-income families receive an average discount of $5,683/year, paying just 53% of the sticker price.

Admissions Snapshot

Le Moyne-Owen College has an acceptance rate of 99.2%, placing it in the Open Admission (85%+) category. This means roughly 146 students apply each year.

Le Moyne-Owen College accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

The ACT midpoint is 15, 29% below the national average.

Graduate Outcomes & Return on Investment

25.8% of students at Le Moyne-Owen College complete their degree, 58% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.

First-year retention rate: 47.2% (42% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Le Moyne-Owen College earn a median salary of $35,594 ten years after enrollment, 13% below the national average. This represents a $594/year earnings premium over the average high school diploma holder, or $17,820 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $28,070, 31% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $305/month, with a total repayment of $36,600 (including $8,530 in interest).

Debt-to-Earnings Ratio: 0.79x. This ratio is approaching the caution zone. Graduates may face significant loan payments relative to income.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Le Moyne-Owen College pays for itself in approximately 82 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.

Financial Aid Profile

67.3% of students at Le Moyne-Owen College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 104% 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.

53.9% of students take federal loans, 15% above the national average. This is a moderate borrowing rate.

Average faculty salary: $5,132/month, 41% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Le Moyne-Owen College enrolls 581 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 15/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 1%, Hispanic 1%, Black 92%, Asian 0%.

Le Moyne-Owen College: Accessible Admission but Questionable Career Outcomes

Report Card: Overall Grade D+

Le Moyne-Owen College receives an overall grade of D+ based on six dimensions:

  • Academics: F
  • Value: F
  • Outcomes: C
  • Affordability: A+

College Analysis

Le Moyne-Owen College is a Private Nonprofit institution in Memphis, TN with approximately 581 students. Academics: Le Moyne-Owen College has a high admission rate, suggesting it may be more accessible for students. Value: The college offers a relatively affordable tuition, but graduates face significant debt. Outcomes: Graduates have lower median earnings and a low graduation rate, indicating potential challenges in career outcomes.

The Verdict: Is Le Moyne-Owen College Worth It?

Le Moyne-Owen College presents a complex value proposition. With a median debt of $28,070 and median 10-year earnings of $35,594, the financial return on investment appears challenging. The ROI score of -26 underscores this concern, suggesting that, on average, graduates earn less than expected relative to their debt burden and the cost of their education. The tuition, while not exorbitant, combined with the lower median earnings, means that paying off student loans could take a significant portion of a graduate's early career. For instance, at a 5% interest rate, paying off $28,070 would require monthly payments of approximately $530, which is a substantial percentage of the median monthly income ($2,966). However, LOC's value might lie beyond purely financial metrics. As a private institution with a strong focus on its students, it could offer personalized attention and support that larger universities do not. Its specific strengths in serving the Memphis community and preparing students for regional employment in sectors like healthcare and logistics should be weighed. If a student is seeking a supportive environment and is committed to building a career within the Mid-South, the value could be higher than the raw financial data suggests. Recommendation: Le Moyne-Owen College is likely not a 'hidden gem' from a purely financial ROI perspective. It appears to be an institution where students must be highly strategic about their major choice and post-graduation career planning to maximize their earnings potential and manage their debt effectively. Prospective students should thoroughly investigate specific program outcomes and career services support before committing.

Return on Investment

Given the high tuition and debt levels, the degree may not be worth the cost for many students.

Debt Reality Check

Median student debt at Le Moyne-Owen College: $28,070. Monthly payment on a standard 10-year plan: $319/month. Total repaid: $38,280 ($10,210 in interest).

Breakeven vs high school diploma: 5 years. Debt burden: Moderate. Salary needed for comfortable repayment: $38,280.

Strengths

  • Affordable tuition for both in-state and out-of-state students.
  • Highly diverse student body.

Weaknesses

  • Low graduation rate.
  • Significant student debt upon graduation.

Academic Profile

ACT Midpoint: 15. Retention Rate: 47.2%.

Le Moyne-Owen College, a private institution in Memphis, TN, focuses on providing a solid liberal arts education with a commitment to student development. While specific departmental strengths are best explored through direct inquiry, the college typically emphasizes programs that align with its mission, often including fields like education, business, and humanities, which are foundational for many graduates entering the workforce or pursuing further studies. Given its size and mission, research opportunities for undergraduates may be more faculty-mentored and project-based rather than large-scale, independent labs. The faculty, while specific salary data isn't provided, are likely dedicated to teaching and student mentorship, a hallmark of smaller colleges. The student-faculty ratio, though not explicitly stated, is presumed to be favorable, allowing for more personalized attention. LOC may offer an honors program designed to challenge high-achieving students with enriched coursework and unique academic experiences. Study abroad opportunities, while potentially less extensive than at larger universities, could be available through partnerships or specific faculty-led programs, offering students a chance to broaden their horizons. Academic support resources are crucial at institutions like LOC, and students can typically expect services such as tutoring, writing centers, and academic advising to be readily accessible, ensuring that students have the necessary tools to succeed in their chosen fields.

Financial Aid Guide for Le Moyne-Owen College

Pell Grant recipients: 67.3%. Students taking federal loans: 53.9%.

Navigating financial aid at Le Moyne-Owen College (LOC) requires understanding the blend of institutional and federal aid available to its students. Given the tuition of $12,076, the primary goal for most families will be to secure aid that significantly reduces this cost. LOC likely offers a combination of merit-based scholarships, which are awarded based on academic achievement, and need-based grants, determined by a family's financial circumstances as assessed through the FAFSA. For students from lower-income backgrounds, Pell Grants, a federal program, will be a critical component of their aid package. Work-study opportunities may also be available, providing students with part-time employment on campus to help cover educational expenses. Typical aid packages can vary widely. For instance, a student with high academic merit might receive a substantial merit scholarship, potentially covering a significant portion of tuition. Conversely, a student with demonstrated financial need might receive a package heavily weighted towards grants and federal loans. It's realistic to expect that many students will receive some form of institutional aid, as this is common practice for private colleges aiming to make their education accessible. Scholarship tips for LOC applicants include highlighting community involvement, leadership roles, and any unique talents or experiences that align with the college's mission. While LOC may not have a formal policy on aid negotiation like some highly selective institutions, it's always advisable for students facing extenuating financial circumstances to contact the financial aid office to discuss their situation. They may be able to review a package if there's a significant change in financial need or if a comparable offer from another institution can be presented.

Hidden Costs at Le Moyne-Owen College

  • On-campus housing can range from $5,000 to $7,000 per academic year, depending on the dormitory and room type.
  • A full meal plan typically costs between $3,000 and $4,000 annually, providing access to the campus dining hall.
  • Textbooks and course materials can add an estimated $800 to $1,200 per year.
  • Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 to $1,000 per year.
  • Transportation costs, including local travel or commuting if living off-campus, can vary but budget at least $500-$1,000 annually.
  • Parking permits for students with vehicles on campus may cost $100 to $300 per year.
  • Health insurance, if not covered by a parent's plan, can add $2,000 to $4,000 annually.

Alumni Outcomes & Career Paths

Le Moyne-Owen College (LOC) graduates enter a job market where their career trajectories are often shaped by the school's strong ties to the Memphis metropolitan area and its surrounding industries. While specific data on major employers actively recruiting on campus can be limited, alumni often find opportunities within sectors prevalent in the Mid-South region. Key industries that tend to absorb LOC graduates include healthcare, education, government, and logistics. Companies like St. Jude Children's Research Hospital, Baptist Memorial Health Care, and FedEx, all significant employers in Memphis, are likely destinations for alumni, particularly those in STEM and business fields. The education sector also provides numerous roles, with graduates potentially finding positions in the Memphis-Shelby County School System or other local educational institutions.

Information on graduate school placement rates is not readily available, but given the school's focus on undergraduate education, a portion of graduates likely pursue further studies, especially in fields like education, social work, or business administration. Career services at LOC aim to support students through resume building, interview preparation, and connecting them with internship and job opportunities. While not a large-scale pipeline, internships with local Memphis businesses and organizations are crucial for gaining practical experience. Geographic hiring patterns strongly favor the Memphis area and surrounding Tennessee, Arkansas, and Mississippi communities. Alumni may also find opportunities in larger Southern hubs like Nashville or Atlanta, though the immediate regional market is the most common starting point. The median earnings of $35,594 ten years after enrollment suggest that while graduates are employed, the immediate financial return on investment may require careful consideration of debt.

Campus Life & Culture at Le Moyne-Owen College

Le Moyne-Owen College serves a predominantly local student body from the Memphis metropolitan area, with a strong representation of African American students, reflecting its historical mission. The college thrives with students who are motivated by a desire for a supportive, community-oriented educational environment and who are eager to engage with both their studies and the surrounding city.

Le Moyne-Owen College (LOC) offers a close-knit campus community deeply rooted in its Memphis, Tennessee heritage. With a student body of just over 500, the vibe is decidedly personal, fostering strong relationships among students and with faculty. The campus itself is a hub of activity, though perhaps not as sprawling as larger universities. Students often find themselves engaging in activities that build camaraderie, reflecting the college's mission to serve its community. Social life tends to revolve around campus events, student organization gatherings, and local Memphis attractions. While formal Greek life might not be as prominent as at larger institutions, student clubs and organizations play a crucial role in shaping the social landscape. These groups often host events, discussions, and community service projects, providing ample opportunities for involvement. Athletics, particularly basketball, often serves as a unifying force, drawing student and community support. The college's location in Memphis means students have access to a vibrant city with a rich cultural history, including music, food, and arts, which often spills over into student life through outings and events. Housing and dining are integral to the student experience, with on-campus options providing convenience and a central point for community interaction. The dining hall serves as a common gathering space, facilitating informal interactions. The overall atmosphere is one of shared purpose and mutual support, characteristic of a smaller institution focused on student success and community engagement.

Campus Highlights

  • Strong sense of community fostered by a small student body.
  • Deep connection to the vibrant cultural and musical heritage of Memphis.
  • Focus on liberal arts education with potential for personalized faculty mentorship.
  • Opportunities for student leadership and involvement in campus organizations.
  • Athletic programs, particularly basketball, serving as a unifying element.
  • Commitment to serving the local Memphis community through various initiatives.
  • Affordable tuition compared to many private institutions.

Location & Regional Advantages

Le Moyne-Owen College's location in Memphis, Tennessee, offers a unique set of advantages and challenges for its students. Memphis is a major logistics and transportation hub, largely due to FedEx's global headquarters and its status as a major distribution point for numerous other companies. This provides a strong foundation for graduates entering fields like supply chain management, business, and operations. The city also boasts a significant healthcare sector, with institutions like St. Jude Children's Research Hospital and Baptist Memorial Health Care being major employers and potential career launchpads for LOC alumni. The cost of living in Memphis is notably lower than the national average, which can make the median debt of $28,070 more manageable for graduates as they begin their careers.

Proximity to industry hubs is primarily focused within Memphis itself. While not directly adjacent to massive metropolitan centers like Atlanta or Dallas, Memphis offers a substantial regional market. The quality of life in Memphis is characterized by its rich cultural heritage, particularly in blues music, and a growing culinary scene. However, like many mid-sized cities, it faces challenges related to public safety and economic disparities. The weather is humid subtropical, with hot summers and mild winters. For LOC graduates, the geographic advantage lies in the concentration of specific industries within the city and the affordability of the region, which can ease the transition from student life to professional employment. The school's ability to leverage these local strengths is key to enhancing post-graduation career opportunities.

How to Get Into Le Moyne-Owen College

Applying to Le Moyne-Owen College (LOC) is a straightforward process, given its high admission rate of 99.2%. The college is committed to providing educational opportunities, so the focus is less on stringent selectivity and more on ensuring students are prepared for college-level work and are a good fit for the LOC community. While there are no Early Decision (ED) or Early Action (EA) advantages in terms of selectivity, applying earlier in the cycle is always recommended to ensure all financial aid and scholarship opportunities are maximized. The admissions office likely values a student's desire to learn, their potential for growth, and their commitment to community engagement, aligning with the college's mission. While specific GPA or test score ranges are not provided, applicants should aim for solid academic performance in high school. Essays are an opportunity to showcase personality, aspirations, and how a student might contribute to the LOC campus. Topics that highlight resilience, leadership, or a passion for a particular field of study tend to resonate well. Demonstrated interest is generally less of a factor at institutions with open admission policies, but attending virtual or in-person information sessions and engaging with admissions counselors can still be beneficial. The timeline should focus on completing the FAFSA and any institutional aid applications promptly after they become available, typically in October, to secure the best financial aid packages.

How Le Moyne-Owen College Compares to Similar Schools

Similar schools: Rhodes College, Christian Brothers University, University of Memphis, Fisk University

Advantages

  • Lower tuition compared to some private peers like Rhodes College.
  • Stronger focus on serving the immediate Memphis community and its specific employment needs.
  • Potentially more personalized attention due to smaller class sizes and lower overall enrollment.

Disadvantages

  • Significantly lower graduation rates compared to peers like Rhodes College and University of Memphis.
  • Lower median earnings post-graduation compared to many comparable institutions.
  • Less brand recognition and alumni network reach beyond the immediate Memphis region.

Best For

  • Students seeking high earning potential or low debt levels may want to consider other options.
  • Prospective students should be aware of the low graduation rate and potential challenges in securing employment.

Avoid If

  • Students looking for a more comprehensive and resource-rich educational experience might find other colleges more suitable.
  • Those seeking a larger campus with more extracurricular activities and resources may want to explore other options.

Frequently Asked Questions about Le Moyne-Owen College

How much does it cost to attend Le Moyne-Owen College?

In-state tuition at Le Moyne-Owen College is $12,076 per year, and out-of-state tuition is $12,076 per year. The median student debt at graduation is $28,070.

What is the acceptance rate at Le Moyne-Owen College?

Le Moyne-Owen College has an acceptance rate of 99.2%.

What is the graduation rate at Le Moyne-Owen College?

Le Moyne-Owen College has a graduation rate of 25.8%.

How much do Le Moyne-Owen College graduates earn?

The median earnings for Le Moyne-Owen College graduates 10 years after enrollment is $35,594. With median debt of $28,070, graduates earn roughly 1.3x their debt level annually.

How big is Le Moyne-Owen College?

Le Moyne-Owen College has approximately 581 students and is classified as a small institution. It is located in Memphis, TN and is a Private Nonprofit institution.

Is Le Moyne-Owen College worth the cost?

Le Moyne-Owen College has an ROI score of -26 out of 100. With in-state tuition of $12,076 per year and median post-graduation earnings of $35,594, the data suggests the return on investment may be below average.

Where is Le Moyne-Owen College located?

Le Moyne-Owen College is located in Memphis, TN. It is a Private Nonprofit institution with approximately 581 students.

How much student debt do Le Moyne-Owen College graduates have?

The median student debt for Le Moyne-Owen College graduates is $28,070. With median earnings of $35,594 ten years after enrollment, graduates can expect a debt-to-income ratio of 79%.

Is Le Moyne-Owen College a good college?

Le Moyne-Owen College has a graduation rate of 25.8% and median post-graduation earnings of $35,594. Highly diverse student body with a predominantly black student population.

How does Le Moyne-Owen College compare to similar colleges?

Low tuition rates for both in-state and out-of-state students. Compared to peer institutions, Le Moyne-Owen College offers lower tuition but graduates face significant debt and lower earnings.

What career prospects do Le Moyne-Owen College graduates have?

Graduates are well-positioned for careers in communities where they can leverage their network and cultural understanding.

What should prospective students know about Le Moyne-Owen College?

Le Moyne-Owen College is best positioned in the market for students seeking affordable tuition and a diverse educational experience.

What makes Le Moyne-Owen College stand out?

Graduates have a median debt of $28,070, which is higher than the median earnings.

What are the pros and cons of attending Le Moyne-Owen College?

The college has a small size category, which might limit resources and opportunities.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.