Le Moyne-Owen College
Memphis, Tennessee · Private Nonprofit · 99.2% acceptance rate
ROI Score: 11/100 · Below Benchmark
Data: 2024-25 College Scorecard release
Le Moyne-Owen College receives a CampusROI score of 11 (Below Benchmark tier) under our methodology, alongside a 27.0% completion rate. Published tuition is $12,076 and the average net price is $7,099 per year, or $28,396 over four years of attendance (a cost figure, not a debt figure). Median debt at graduation is $28,070 against average earnings of $23,800 six years after entry, a 1.179 debt-to-earnings ratio, and median earnings reach $35,594 ten years after entry. Our model estimates a payback period of 283.5 years, which under our methodology means earnings at these levels do not recover the cost of attendance within a typical working career. Outcomes vary widely by program and by student, and these institution-level figures describe past cohorts rather than any individual result. Figures are from the 2024-2025 College Scorecard release.
How Le Moyne-Owen College scores under our methodology
These are the College Scorecard measures that pull this school's CampusROI score down. They describe the published figures, not the quality of the education, and they are our reading of the data. Check them against your own aid offer and intended major.
- ROI Score11/100 - Below Benchmark tier of our scale (below 45). For context, 38% of the schools we score reach 60 or higher.
- Debt-to-earnings1.18 - Median debt is larger than one year of average earnings six years after entry (a ratio above 1.0).
- 6-year graduation rate27.0% - The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our score, since a degree that is not finished rarely pays back.
- Payback period>50 years - In our estimate, the earnings premium over a high school completer is small next to the cost, so the cost may not be recouped within a working career.
Le Moyne-Owen College
Quick Numbers
| In-state tuition + fees | $12,076/yr |
| Out-of-state tuition + fees | $12,076/yr |
| Average net price | $7,099/yr |
| Total 4-year cost (net) | $28,396 |
| Median earnings (10yr post-entry) | $35,594 |
| Average earnings (6yr post-entry) | $23,800 |
| Median debt at graduation | $28,070 |
| Estimated monthly loan payment | $298 |
| Estimated payback period | >50 years |
| 6-year graduation rate | 27.0% |
| Undergraduate enrollment | 581 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $12,076/year, which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $7,099/year, or roughly $28,396 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $6,393/year here, while families earning over $110,000 pay N/A/year.
Among graduates who borrowed, the median federal loan debt from this school is $28,070, which works out to about $298 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($23,800) and comes to 1.18, 1.0 or higher, meaning median debt is at least a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $6,393 |
| $30,001 - $48,000 | $7,213 |
| $48,001 - $75,000 | $7,411 |
| $75,001 - $110,000 | $8,112 |
| $110,001+ | N/A |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Families earning under $30,000 report an average net price of $6,393 per year, about $25,600 over four years. Institutional and outside aid can change this figure significantly for individual students.
Middle-income families ($30K-$110K)
Families earning $30,001-$48,000 report an average net price of $7,213 per year, families earning $48,001-$75,000 report $7,411, and families earning $75,001-$110,000 report $8,112.
Higher-income families ($110K+)
Scorecard does not report a net price for families earning over $110,000 here, which can happen when too few students fall in that bracket to publish a figure.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | N/A | 68.8% |
| 3-year repayment | N/A | 73.6% |
| 5-year repayment | 19.5% | 67.7% |
| 7-year repayment | 26.0% | 72.8% |
Completion Rate
Trends Over Time
How Le Moyne-Owen College’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 99.2% |
| Enrollment | 581 |
| Pell Grant recipients | 67.3% |
| Avg faculty salary (monthly) | $5,132 |
Le Moyne-Owen admits 99.2% of applicants. The completion rate of 27.0% measures the share of first-time, full-time students who finish within 150% of normal time.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Le Moyne-Owen College (this school) | 11 | $7,099 | $35,594 |
| Cheyney University of Pennsylvania | 11 | $14,265 | $37,837 |
| Paul Quinn College | 11 | $12,709 | $29,288 |
| Alabama A & M University | 10 | $17,621 | $40,628 |
| University of Arkansas at Pine Bluff | 10 | $12,653 | $35,550 |
| Lincoln University | 10 | $19,092 | $39,463 |
Who Thrives Here
With 581 students and a 67.3% Pell Grant rate, Le Moyne-Owen is a private nonprofit institution based in Memphis, TN. Median debt at graduation ($28,070) is above average earnings six years after entry ($23,800). Students relying heavily on loans should compare the net price for their income bracket using Le Moyne-Owen's net price calculator.
The Verdict: Below Benchmark Under Our Scoring
Under our methodology, Le Moyne-Owen College scores 11/100, which falls in the Below Benchmark tier (below 45). At a net price of $7,099 per year, with typical graduate earnings of $35,594 ten years after entry, we estimate the payback period at more than 50 years. In our view that makes the financial case a hard one to make on the numbers alone, but those numbers are averages: your major, your aid package and what you want from a degree all change the picture, so run your own numbers before you commit.
What to keep an eye on: weak earnings relative to cost, its 27.0% graduation rate, a debt-to-earnings ratio of 1.18 (median across the schools we score: 0.61), a long payback period.
Median debt of $28,070 among graduates who borrowed, against average earnings of $23,800 six years after entry, gives a debt-to-earnings ratio of 1.18. That is 1.0 or higher, meaning median debt is at least a full year of those earnings, so your major - and how much you borrow - really matters.
Le Moyne-Owen College: Common Questions
Is Le Moyne-Owen College worth it?
In our view, the financial case is a hard one to make on the numbers alone. Le Moyne-Owen College scores 11/100 on our ROI scale, in the Below Benchmark tier (below 45). At $7,099 a year after aid against $35,594 in typical earnings ten years out, we estimate the payback period at more than 50 years. Your major and aid package can change the picture, so run your own numbers.
How much does Le Moyne-Owen College cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $7,099 a year, or roughly $28,396 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Le Moyne-Owen College graduates earn?
The typical graduate earns about $35,594 ten years after enrolling, at or below the $41,800 median for high-school graduates (NCES, 2022). With little earnings gap to cover the cost, the financial return is hard to make.
How long does it take to pay off Le Moyne-Owen College?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at more than 50 years for Le Moyne-Owen College. The median across the schools we track is about 12 years.
How much debt do Le Moyne-Owen College graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $28,070, against average earnings of $23,800 six years after entry - a debt-to-earnings ratio of 1.18. That is 1.0 or higher, meaning median debt is at least a full year of those earnings, so how much you borrow really matters.
What is the graduation rate at Le Moyne-Owen College?
The six-year graduation rate is 27.0%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.