Lane College

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2020 Undergraduate Tuition
$9,270
0% growth from 2019
2020 Average Net Price
$13,811
After Financial Aid
2018 Student Loan
34.6%
Default Rate
2020 Enrolled Students
1,095
95.7% Full-Time
2020 Graduation Rate
22.8%
71 Graduates

About

Lane College is a higher education institution located in Madison County, TN. In 2016, the most popular Bachelor's Degree concentrations at Lane College were General Business Administration & Management (41 degrees awarded), General Biological Sciences (24 degrees), and Sociology (20 degrees).

In 2020, 158 degrees were awarded across all undergraduate and graduate programs at Lane College. 52.5% of these degrees were awarded to women, and 47.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (151 degrees), 50.3 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

The median undergraduate tuition at Lane College is $9,270, which is $−19,130 less than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at Lane College is $9,270, which is $−19,130 less than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $13,811.

In 2020, 93% of undergraduate students received federal grants, while 83% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,270
2020 Undergraduate Tuition

In 2020, the cost of tuition at Lane College was $9,270. The cost of tuition at Lane College is $−19,130 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

This chart compares the tuition costs of Lane College (in red) with those of other similar universities.

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Average Net Price

$13,811
2020 Value
9.07%
1 Year Growth

In 2020 Lane College had an average net price — the price paid after factoring in grants and loans — of $13,811. Between 2019 and 2020, the average net price of Lane College grew by 9.07%.

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 2020. During the same period, the average yearly cost of books and supplies was $700. The cost of room and board increased by 2.19% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

93%
Of Undergraduates Receive Grants
83%
Of Undergraduates Receive Federal Loans

93% of undergraduate students at Lane College received grants or loans in 2020. This represents a growth of 3.33% with respect to 2019, 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.
34.6%
2018 Default Rate
232
Number of Defaults

In 2018 the default rate for borrower's at Lane College was 34.6%, which represents 232 out of the 671 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 has a total enrollment of 1,095 students. The full-time enrollment at Lane College is 1,048 students and the part-time enrollment is 47. This means that 95.7% of students enrolled at Lane College are enrolled full-time.

The enrolled student population at Lane College, both undergraduate and graduate, is 82.7% Black or African American, 1% Two or More Races, 0.913% Hispanic or Latino, 0.0913% Native Hawaiian or Other Pacific Islanders, 0.0913% American Indian or Alaska Native, 0.0913% White, and 0% Asian.

Students enrolled at Lane College in full-time Undergraduate programs are most commonly Black or African American Female (42.4%), followed by Black or African American Male (40.3%) and Two or More Races Male (0.668%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

95.7%
Full-Time Enrollment

The total enrollment at Lane College, both undergraduate and graduate, is 1,095 students. The full-time enrollment at Lane College is 1,048 and the part-time enrollment is 47. This means that 95.7% of students enrolled at Lane College are enrolled full-time compared with 80.1% 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

55%
2020 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 55%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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
  1. Black or African American
    906
  2. Two or More Races
    11
  3. Hispanic or Latino
    10

The enrolled student population at Lane College is 82.7% Black or African American, 1% Two or More Races, 0.913% Hispanic or Latino, 0.0913% Native Hawaiian or Other Pacific Islanders, 0.0913% American Indian or Alaska Native, 0.0913% White, and 0% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 161 students (14.7%) did not report their race.

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Graduates

In 2020, 8 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 (151 degrees awarded). There were 50.3 times more black or african american graduates than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common Bachelor's Degree concentration at Lane College is General Business Administration & Management (41 degrees awarded), followed by General Biological Sciences (24 degrees) and Sociology (20 degrees).

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 Philosophy and Religious Studies (3 degrees awarded), Biology (24 degrees), and Communications (17 degrees).

Workforce

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 (404,017 people), Other managers (284,584 people), Lawyers, & judges, magistrates, & other judicial workers (212,368 people), Postsecondary teachers (176,838 people), and Elementary & middle school teachers (176,661 people).

The most specialized majors at Lane College are Philosophy and Religious Studies (3 degrees awarded), Biology (24 degrees), Communications (17 degrees), History (4 degrees), and Protective Services (16 degrees).

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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, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Physicians, and Actuaries

The most specialized majors at Lane College are Philosophy and Religious Studies (3 degrees awarded), Biology (24 degrees), Communications (17 degrees), History (4 degrees), and Protective Services (16 degrees).

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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 (511,824 people), Colleges, universities & professional schools, including junior colleges (477,746 people), Elementary & secondary schools (471,204 people), Justice, public order, & safety activities (404,181 people), and Offices of physicians (219,123 people).

The most specialized majors at Lane College are Philosophy and Religious Studies (3 degrees awarded), Biology (24 degrees), Communications (17 degrees), History (4 degrees), and Protective Services (16 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lane College.
Most Common
  1. 41 degree-majorss awarded
  2. 24 degree-majorss awarded
  3. 20 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Lane College was General Business Administration & Management with 41 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

75
Degrees Awarded to Men
in 2020
83
Degrees Awarded to Women
in 2020

In 2020, 75 degrees were awarded to men at Lane College, which is 0.904 times less than the number of degrees awarded to females (83).

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 2020, 19 degrees were awarded to men at Lane College in General Business Administration & Management, which is 0.864 times less than the 22 female recipients with that same degree.

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Most Common Female Majors

In 2020, 22 degrees were awarded to women at Lane College in General Business Administration & Management, which is 1.16 times more than the 19 male recipients with that same degree.

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Time to Complete

11%
100% Completion Time
24%
150% Completion Time

In 2020, 11% of students graduating from Lane College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 24% completed their degrees within 150% of the normal time, and 27% 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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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (31.8%)

The student demographic with the highest graduation rate at Lane College is Female and Black or African American (31.8% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Black or African American
    151 degrees awarded
  2. Hispanic or Latino
    3 degrees awarded
  3. Unknown
    3 degrees awarded

The most common race/ethnicity at Lane College is black or african american (151 degrees awarded). There were 50.3 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

1.9% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. Black or African American Female
    80 degrees awarded
  2. Black or African American Male
    71 degrees awarded
  3. Hispanic or Latino Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at Lane College is black or african american female (80 degrees awarded). There were 1.13 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (71 degrees).

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Operations

Lane College has an endowment valued at nearly $5.54M, as of the end of the 2020 fiscal year. The return on its endowment was of $162k (2.93%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Lane College had a total salary expenditure of $24.9M. Lane College employs 39 Assistant professors, 12 Associate professors, and 5 Instructors. Most academics at Lane College are Male Assistant professors (25), Female Assistant professors(14), and Male Associate professors (9).

The most common positions for non-instructional staff at Lane College are: Service, with 29 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 25 employees, and Management with 16 employees.

Finances

Endowment

$5.54M
2020 Endowment
13%
growth from 2019

Lane College has an endowment valued at about $5.54M, as of the end of the 2020 fiscal year. The endowment of Lane College grew 13% from the previous year. The value of their endowment was $34.3M 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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Government Grants and Contracts

Grants & Contracts
  1. $4.06M - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Lane College received $4.06M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$9.14M
2020 Salaries
6.01%
growth from 2019

In 2020, Lane College paid a median of $9.14M in salaries, which represents 36.8% of their overall expenditure ($24.9M) and a 6.01% growth from the previous year. This is compared to a 1.64% decline from 2018 and a 0.891% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$2.79M
Instructional Salaries
57
Number of Employees

In 2020, Lane College paid a total of $2.79M to 57 employees working as instructors, which represents 30.5% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
39 Employees
Service
Most Common Non-Instructional Employee
29 Employees

In 2020, the most common positions for instructional staff at Lane College were Assistant professor with 39 employees; Associate professor with 12 employees; and Associate professor with 5 employees.

In 2020, the most common positions for non-instructional staff at Lane College were Service with 29 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees; and Management with 16 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Lane College was Male Assistant professor with 25 employees, Female Assistant professor with 14 employees, and Male Associate professor with 9 employees.

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

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