Lane College

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2022 Undergraduate Tuition
$9,270
2022 Average Net Price
$13,370
After Financial Aid
2019 Default Rate
15.4%
on Student Loans
2022 Enrolled Students
1,010
94.5% Full-Time
2022 Graduation Rate
17.9%
71 Graduates

About

Lane College is a higher education institution located in Madison County, TN. In 2022, the most popular Bachelors Degree concentrations at Lane College were General Business Administration & Management (20 degrees awarded), General Biological Sciences (17 degrees), and Physical Education Teaching & Coaching (12 degrees).

In 2022, 106 degrees were awarded across all undergraduate and graduate programs at Lane College. 60.4% of these degrees were awarded to women, and 39.6% awarded men. The most common race/ethnicity group of degree recipients was black or african american (92 degrees), 30.7 times more than then the next closest race/ethnicity group, two or more races (3 degrees).

The median undergraduate tuition at Lane College is $9,270, which is $−19,060 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Lane College is $9,270, which is $−19,060 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $13,370.

In 2022, 93% of undergraduate students attending Lane College received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$9,270
2022 Undergraduate Tuition

In 2022, the cost of tuition at Lane College was $9,270. The cost of tuition at Lane College is $−19,060 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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Average Net Price

$13,370
2022 Value
8.05%
1 Year Growth

In 2022 Lane College had an average net price — the price paid after factoring in grants and loans — of $13,370. Between 2021 and 2022, the average net price of Lane College grew by 8.05%.

This chart compares the average net price of Lane College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$7,745
Room and Board
$700
Books and Supplies

The average yearly cost of room and board at Lane College was of $7,745 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $700. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lane College (in red) with that of similar universities.

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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
59%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Lane College received financial aid through grants or loans in 2022. This represents a growth of 3.33% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Lane College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
15.4%
2019 Default Rate
76
Number of Defaults

In 2019 the default rate for borrower's at Lane College was 15.4%, which represents 76 out of the 494 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Lane College had a total enrollment of 1,010 students in 2022. The full-time enrollment at Lane College is 954 students and the part-time enrollment is 56. This means that 94.5% of students enrolled at Lane College are enrolled full-time.

The enrolled student population at Lane College, both undergraduate and graduate, is 77.9% Black or African American, 1.78% Hispanic or Latino, 1.58% White, and 0.99% Two or More Races.

Students enrolled at Lane College in full-time Undergraduate programs are most commonly Black or African American Male (43.3%), followed by Black or African American Female (35%) and Hispanic or Latino Male (1.36%).

Full-Time vs Part-Time Enrollment

94.5%
Full-Time Enrollment

The total enrollment at Lane College in 2022, both undergraduate and graduate, is 1,010 students. The full-time enrollment at Lane College is 954 and the part-time enrollment is 56. This means that 94.5% of students enrolled at Lane College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Lane College (in red) compares to similar universities.

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Retention Rate over Time

61%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lane College was 61%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Lane College had a retention rate lower than its peers.

This chart shows the retention rate over time at Lane College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    787 enrolled students
  2. Hispanic or Latino
    18 enrolled students
  3. White
    16 enrolled students

The enrolled student population at Lane College is 77.9% Black or African American, 1.78% Hispanic or Latino, 1.58% White, and 0.99% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

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Graduates

In 2022, 22 more women than men received degrees from Lane College. The most common race/ethnicity group of degree recipients at Lane College is black or african american (92 degrees awarded). There were 30.7 times more black or african american recipients than the next closest race/ethnicity group, two or more races (3 degrees).

The most common Bachelor's Degree concentration at Lane College is General Business Administration & Management (20 degrees awarded), followed by General Biological Sciences (17 degrees) and Physical Education Teaching & Coaching (12 degrees).

In 2022,  the most specialized majors across all degree types at Lane College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (6 degrees awarded), Biology (17 degrees), and Interdisciplinary Studies (10 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lane College are Physicians (485,147 people), Other managers (239,501 people), Postsecondary teachers (212,502 people), Other Physical Scientists (169,903 people), and Elementary & middle school teachers (147,307 people).

The most specialized majors at Lane College in 2022 are Physical Sciences (6 degrees awarded), Biology (17 degrees), Interdisciplinary Studies (10 degrees), Protective Services (10 degrees), and Philosophy and Religious Studies (1 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lane College are Surgeons, Cardiovascular technologists and technicians, Physicians, Securities, commodities, & financial services sales agents, and Photographic process workers & processing machine operators

The most specialized majors at Lane College are Physical Sciences (6 degrees awarded), Biology (17 degrees), Interdisciplinary Studies (10 degrees), Protective Services (10 degrees), and Philosophy and Religious Studies (1 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lane College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (612,455 people), Colleges, universities & professional schools, including junior colleges (470,565 people), Elementary & secondary schools (366,152 people), Justice, public order, & safety activities (364,864 people), and Offices of physicians (242,620 people).

The most specialized majors at Lane College are Physical Sciences (6 degrees awarded), Biology (17 degrees), Interdisciplinary Studies (10 degrees), Protective Services (10 degrees), and Philosophy and Religious Studies (1 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lane College.

In 2022, the most common bachelors degree concentration at Lane College was General Business Administration & Management with 20 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Lane College according to their major.

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Sex Breakdown for Common Majors

42
Degrees Awarded to Men
in 2022
64
Degrees Awarded to Women
in 2022

In 2022, 42 degrees were awarded to men at Lane College, which is 0.656 times less than the number of degrees awarded to females (64).

This chart displays the sex disparity between the top 5 majors at Lane College by degrees awarded.

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Most Common Male Majors

In 2022, 10 degrees were awarded to men at Lane College in Physical Education Teaching & Coaching, which is 5 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In 2022, 15 degrees were awarded to men at Lane College in General Biological Sciences, which is 7.5 times more than the 2 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
23%
150% Completion Time

In 2022, 14% of students graduating from Lane College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 23% completed their degrees within 150% of the normal time, and 24% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (30.2%)

The student demographic with the highest graduation rate in 2022 at Lane College is Female and Black or African American (30.2% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Black or African American
    92 degrees awarded
  2. Two or More Races
    3 degrees awarded
  3. Native Hawaiian or Other Pacific Islanders
    1 degrees awarded

The most common race/ethnicity at Lane College is black or african american (92 degrees awarded). There were 30.7 times more black or african american recipients than the next closest race/ethnicity group, two or more races (3 degrees).

8.49% of degree recipients (9 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    55 degrees awarded
  2. Black or African American Male
    37 degrees awarded
  3. Two or More Races Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at Lane College is black or african american female (55 degrees awarded). There were 1.49 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (37 degrees).

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Operations

Lane College has an endowment valued at nearly $6.44M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−14.1%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Lane College had a total salary expenditure of 33M. Lane College employs 44 Assistant professors, 10 Associate professors and 6 Instructors. Most academics at Lane College are Male Assistant professor (26), Female Assistant professor (18), and Male Associate professor (7).

The most common positions for non-instructional staff at Lane College are: Service, with 36 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 26 employees, and Management with 16 employees.

Endowment

$6.44M
2022 Endowment
12.6%
decline from 2021

Lane College has an endowment valued at about $6.44M, as of the end of the 2022 fiscal year. The endowment of Lane College declined 12.6% from the previous year. The value of their endowment was $42.8M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lane College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$10.1M
2022 Salaries
21.5%
growth from 2021

In 2022, Lane College paid a median of $10.1M in salaries, which represents 30.7% of their overall expenditure ($33M) and a 21.5% growth from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$3.48M
Instructional Salaries
62
Number of Employees

In 2022, Lane College paid a total of $3.48M to 62 employees working as instructors, which represents 34.4% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Assistant professor
Most Common Instructor
44 Employees
Service
Most Common Non-Instructional Employee
36 Employees

In 2022, the most common positions for instructional staff at Lane College were Assistant professor with 44 employees, Associate professor with 10 employees, and Instructor with 6 employees.

In 2022, the most common positions for non-instructional staff at Lane College were Service with 36 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26 employees, and Management with 16 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Assistant professor
  2. Female Assistant professor
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Lane College was Male Assistant professor with 26 employees, Female Assistant professor with 18 employees, and Male Associate professor with 7 employees.

This chart shows the sex split between each academic rank present at Lane College.

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