Is Lane College worth it?

Jackson, TN · private-nonprofit

Verdict

Typical students pay $10,904 a year after aid, graduate with $30,500 in federal debt, and earn $24,623 six years after enrolling — an estimated monthly loan payment of $326, with a debt break-even of about 12.4 years.

Net price / year

$10,904

Admission rate

0%

Graduation rate

Median debt

$30,500

Earnings (6 yr)

$24,623

Earnings (10 yr)

$31,670

Est. monthly loan payment

$326

Loan-to-income ratio

124%

Debt break-even

12.4 years

How Lane College compares

MetricLane CollegeTennesseeNational
Net price$10,904$15,268$16,642
Median debt$30,500$10,798$12,377
Earnings (6 yr)$24,623$31,904$33,037
Graduation rate

Managing the debt load

A median debt above $30,000 is a meaningful monthly commitment. Income-driven repayment plans and refinancing can lower the monthly payment shown above — compare options before you commit to a standard 10-year plan.

FAQ

How much does it cost to attend Lane College?

The federal average net price after grants and scholarships is $10,904 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Lane College graduates typically carry?

Students who complete a program at Lane College leave with a median federal debt of $30,500, based on the U.S. Department of Education's College Scorecard.

What do Lane College graduates earn?

Six years after enrolling, former students report median earnings of $24,623, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Lane College?

Graduation rate data is not currently published for this school.

Is Lane College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 12.4 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.