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Le Moyne-Owen College

Memphis, TN — Private Nonprofit

Value Score: 20/100

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

Acceptance Rate: 99.2% | Graduation Rate: 25.8%

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

Student Body Size: 581

Le Moyne-Owen College struggles with low graduation rates and post-graduation earnings relative to debt.

Report Card: Overall Grade D+

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

College Analysis

Le Moyne-Owen College, a small private nonprofit institution in Memphis, TN, presents a mixed picture regarding its academic offerings and student outcomes. While the institution serves a predominantly Black student body, its graduation rate stands at a concerning 25.8%, suggesting significant challenges for students in completing their degrees within a typical timeframe. The value proposition is further complicated by a median debt of $28,070 at graduation, which, when compared to the median 10-year earnings of $35,594, results in a negative ROI score of -26. This indicates that, on average, graduates earn less than the cost of their education and associated debt over a decade. The affordability score of 75 is relatively high, likely driven by the low sticker price for tuition, but this does not fully offset the weak earnings potential post-graduation.

From a student experience perspective, the small size of the student body (581 students) could foster a close-knit community, but the low graduation rate raises questions about the support systems in place for academic success. The extremely high admission rate of 99.2% suggests that the college is highly accessible, which can be a positive for underserved populations, but it also implies a lack of selectivity that may correlate with varying levels of student preparedness. Prospective students should carefully consider the financial implications and the likelihood of degree completion when evaluating Le Moyne-Owen College.

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

With a negative ROI score of -26, the median earnings of Le Moyne-Owen College graduates over 10 years are significantly lower than their median debt at graduation, suggesting the degree may not be a financially sound investment for many.

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

Weaknesses

Academic Profile

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

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

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

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

Disadvantages

Best For

Avoid If

Frequently Asked Questions about Le Moyne-Owen College

Is Le Moyne-Owen College a worthwhile investment given its low graduation and earnings potential?

Based on the provided data, the median earnings 10 years after entry ($35,594) are substantially lower than the median debt at graduation ($28,070), resulting in a negative ROI score. This suggests that the financial return on investment may be limited for many graduates.

What are the primary challenges for students at Le Moyne-Owen College?

The most significant challenge indicated by the data is the low graduation rate of 25.8%, suggesting that a large proportion of students do not complete their degrees.

How does Le Moyne-Owen College compare in terms of cost?

Le Moyne-Owen College has a relatively low tuition cost of $12,076 per year, which contributes to its higher affordability score.

What is the typical career outcome for Le Moyne-Owen College graduates?

The median earnings 10 years after entry are $35,594, which is on the lower end compared to many other institutions, indicating modest career earnings for graduates.

Is Le Moyne-Owen College a selective institution?

No, Le Moyne-Owen College has an admission rate of 99.2%, making it highly accessible and not selective.

What is the acceptance rate at Le Moyne-Owen College and how hard is it to get in?

Le Moyne-Owen College (LOC) has an exceptionally high acceptance rate of 99.2%, indicating that it is highly accessible to prospective students. This means that virtually all applicants who meet the basic requirements are admitted. The college's mission often centers on providing educational opportunities to a broad range of students, including those who may not have had access to higher education elsewhere. While the admission process is not highly selective in terms of academic thresholds, it's still important for applicants to submit all required documentation by the deadlines. This includes high school transcripts, and potentially standardized test scores (though many institutions are becoming test-optional). The focus for admission is less on stringent academic competition and more on ensuring students are ready to engage with the college's academic programs and supportive environment. Prospective students should contact the admissions office directly for the most current application requirements and deadlines to ensure a smooth application process.

Is Le Moyne-Owen College worth the money?

The financial value of Le Moyne-Owen College (LOC) is a critical consideration. With a median debt of $28,070 and median 10-year earnings of $35,594, the return on investment (ROI) appears to be a significant concern, reflected in its ROI score of -26. This suggests that, on average, graduates' earnings do not substantially outpace their debt burden or the cost of their education in the long term. The tuition of $12,076 per year, while moderate for a private institution, accumulates over a typical four-year degree. If a student takes four years to graduate, the total tuition alone would be around $48,304, not including living expenses. Paying off $28,070 in debt on a median salary of $35,594 could mean dedicating a considerable portion of income for many years. However, value is subjective. For students seeking a smaller, potentially more personalized educational experience within the Memphis area, and who are committed to careers in local industries like healthcare or logistics where LOC might have strong connections, the non-financial benefits could be significant. Prospective students should meticulously research specific program outcomes and career services support to determine if the potential career paths align with their financial goals.

What are the best majors at Le Moyne-Owen College?

Identifying the 'best' majors at Le Moyne-Owen College (LOC) depends heavily on individual career aspirations and the college's strengths in specific program areas. Given Memphis's robust healthcare and logistics sectors, majors that align with these industries are likely to offer strong employment prospects. Programs in fields such as Business Administration, with potential specializations in supply chain management or accounting, could be advantageous due to the presence of major logistics companies like FedEx. Similarly, degrees in Biology, Chemistry, or Pre-Health Sciences could prepare students for roles within the extensive healthcare network in Memphis, including institutions like St. Jude Children's Research Hospital and Baptist Memorial Health Care. Education and Social Work are also traditional strengths for many smaller liberal arts colleges, and LOC may offer solid programs that feed into the local school systems and social service agencies. Students considering LOC should investigate program-specific graduation rates, faculty expertise, internship opportunities, and alumni placement data for each major of interest. Focusing on majors that directly connect to the dominant industries in the Mid-South region is a strategic approach to maximizing career opportunities and potential earnings post-graduation.

What is student life like at Le Moyne-Owen College?

Student life at Le Moyne-Owen College (LOC) is characterized by its intimate campus environment, reflecting its small student population of around 581. As a private institution, LOC likely fosters a close-knit community where students can form strong relationships with peers and faculty. The campus culture is often centered around academic support, personal development, and community engagement within the Memphis area. Students can expect opportunities to participate in various clubs and organizations, potentially including academic societies, cultural groups, and student government. Given its location in Memphis, students have access to the city's rich cultural attractions, including its renowned music scene, museums, and diverse culinary offerings. Campus events, religious services (given its historical roots), and athletic activities (often at a club or intramural level) contribute to the student experience. The smaller size means that student leadership roles are often more accessible, allowing for greater involvement in shaping campus life. While large-scale social events might be less common than at larger universities, the emphasis is typically on meaningful interactions and a supportive atmosphere conducive to academic success and personal growth.

How much financial aid does Le Moyne-Owen College give?

Le Moyne-Owen College (LOC) provides financial aid to a significant portion of its students, aiming to make its private education more accessible. While specific percentages fluctuate annually, data often indicates that a high percentage of students receive some form of financial assistance, whether it be grants, scholarships, loans, or work-study programs. The average institutional aid awarded can be substantial, helping to offset the stated tuition of $12,076. Prospective students are encouraged to complete the Free Application for Federal Student Aid (FAFSA) as the primary step in determining their eligibility for federal, state, and institutional aid. LOC likely offers various scholarships, potentially including merit-based awards, need-based grants, and specific scholarships tied to academic programs or community involvement. Given the median debt of $28,070, it's crucial for students to understand the full financial aid package offered, including the breakdown of grants (which do not need to be repaid) versus loans (which do). It is advisable for applicants to connect directly with the LOC Financial Aid Office to discuss their individual financial situation, explore all available aid options, and understand the net cost of attendance after aid is applied. This proactive approach is key to managing educational expenses effectively.

What salary can I expect after graduating from Le Moyne-Owen College?

The median earnings for Le Moyne-Owen College (LOC) graduates ten years after enrollment are reported at $35,594. This figure represents a national median and can vary significantly based on the student's chosen major, academic performance, internship experiences, and the specific industry and geographic location of employment. For instance, graduates entering high-demand fields within Memphis's strong healthcare sector, such as registered nursing or specialized roles in research at institutions like St. Jude, might expect salaries considerably higher than this median. Similarly, those who leverage the logistics and supply chain opportunities with companies like FedEx might find competitive starting salaries. Conversely, graduates in fields with lower market demand or those who do not pursue further education might find their earnings closer to or potentially below the reported median. The college's relatively high admission rate and lower graduation rate suggest a diverse student body, which can lead to a wide range of post-graduation outcomes. To get a more precise understanding, prospective students should inquire about specific salary data for graduates of their intended major, looking at both entry-level positions and mid-career earnings, and consider how these align with the cost of attendance and potential student loan debt.

What are the dorms like at Le Moyne-Owen College?

Information regarding specific dormitory facilities and their conditions at Le Moyne-Owen College (LOC) can be limited in public data. As a smaller institution with an enrollment of around 581 students, LOC may offer on-campus housing options, but the extent and nature of these facilities would need to be confirmed directly with the college. Typically, smaller colleges provide residence halls that house students, often with common areas for studying and socializing. Students interested in on-campus living should inquire about the types of rooms available (e.g., single, double occupancy), amenities provided (such as Wi-Fi, laundry facilities, study lounges), and any specific housing policies or requirements. The residential life experience at a smaller college like LOC often emphasizes community building and providing a supportive environment for students, particularly those who may be new to the Memphis area. It's advisable for prospective students to visit the campus, if possible, or request virtual tours and detailed information packets from the housing department to get a clear picture of the residential facilities and the overall student living experience.

Is Le Moyne-Owen College a good school for research?

Le Moyne-Owen College (LOC), as a historically black college and a smaller institution, may offer research opportunities that are more integrated with undergraduate education rather than focusing on large-scale, independent graduate research. The emphasis is likely on providing students with hands-on research experience within their specific disciplines, often under the direct supervision of faculty members. Given Memphis's strong presence in healthcare and biotechnology, students in STEM fields like biology or chemistry might find opportunities to participate in faculty-led research projects, potentially related to health sciences or environmental studies. These undergraduate research experiences can be invaluable for students planning to pursue graduate studies, as they provide practical skills, critical thinking development, and a deeper understanding of their chosen field. LOC may also participate in collaborative research initiatives with other institutions or local research centers in Memphis. Prospective students interested in research should inquire about specific faculty research interests, available research grants or stipends for students, and any formal undergraduate research programs or symposiums hosted by the college. The quality of research opportunities will largely depend on faculty engagement and the college's commitment to supporting student involvement in scholarly activities.

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

Le Moyne-Owen College (LOC) can be compared to other private, historically black colleges and universities (HBCUs) or smaller liberal arts institutions in the Mid-South region, as well as the local public university. Realistic peers include institutions like Christian Brothers University (Memphis), Rhodes College (Memphis, though more selective and expensive), Fisk University (Nashville), and Tougaloo College (Mississippi). Compared to these peers, LOC's primary differentiator is its high accessibility (99.2% admission rate) and its specific focus on serving the Memphis community. While Rhodes College is a more academically selective and resource-rich institution, LOC offers a more accessible pathway. Compared to the University of Memphis, LOC provides a smaller, potentially more intimate learning environment, whereas the University of Memphis offers a broader range of programs and a larger campus experience. Against other HBCUs like Fisk or Tougaloo, LOC's geographic concentration in Memphis and its specific industry connections (logistics, healthcare) are key distinctions. However, LOC faces disadvantages in terms of lower graduation rates (25.8%) compared to many of its peers and significantly lower median earnings ($35,594) post-graduation, which impacts its overall value proposition relative to the cost and debt incurred.

What do employers think of a degree from Le Moyne-Owen College?

Employer perception of a degree from Le Moyne-Owen College (LOC) is likely influenced by the college's specific strengths and its role within the Memphis community. Employers in the Mid-South region, particularly those in sectors where LOC has historically placed graduates such as healthcare, education, and logistics, may hold a positive view of LOC alumni. These employers often value candidates who are familiar with the local market and possess the foundational skills developed at the college. Companies like FedEx, Baptist Memorial Health Care, and local school districts are likely to recognize the LOC name and understand the type of preparation its graduates receive. However, the brand recognition of LOC may be limited outside of the immediate Memphis metropolitan area. Graduates seeking employment in major national or international corporations, especially in highly competitive fields, might find that the degree carries less weight compared to those from larger, more widely recognized universities. The lower median earnings reported for LOC graduates ($35,594) could indirectly suggest that employers, on average, do not perceive the degree as commanding a significantly higher starting salary compared to other institutions. The college's career services department plays a crucial role in bridging this perception gap by actively connecting students with employers and highlighting the skills and potential of LOC graduates.

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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.