At $21,470/yr net price, Concorde Career College-Memphis graduates earn $31,599/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $21,470 |
| Estimated 4-Year Cost | $85,880 |
| Median Earnings (10yr post-entry) | $31,599/yr |
| Earnings Premium vs. HS Diploma | $-2,401/yr |
| Graduation Rate (6-year) | 51.1% |
| Median Debt at Graduation | $9,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $21,399/yr |
| $30,001 - $48,000 | $21,142/yr |
| $48,001 - $75,000 | $23,390/yr |
| $75,001 - $110,000 | $26,384/yr |
| $110,001+ | $26,384/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $65,238 | $24,375 |
| Allied Health and Medical Assisting Services. | Associate | $48,703 | $26,518 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $40,635 | $24,439 |
| Dental Support Services and Allied Professions. | Associate | $40,455 | $25,250 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Certificate | $34,755 | $12,693 |
| Health and Medical Administrative Services. | Associate | $20,140 | |
| Dental Support Services and Allied Professions. | Certificate | $19,954 | $9,500 |
| Health and Medical Administrative Services. | Certificate | $19,934 | $9,500 |
| Allied Health and Medical Assisting Services. | Certificate | $19,807 | $9,500 |
| Somatic Bodywork and Related Therapeutic Services. | Certificate | $16,874 | $8,769 |
The Risk Factor
51.1% of students at Concorde Career College-Memphis graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Concorde Career College-Memphis delivers strong returns for nursing students but weak outcomes for most other programs. The nursing program generates $65,238 in median earnings against $24,375 in debt, creating solid financial prospects in Memphis's healthcare job market.
Your program choice determines everything here. Medical assisting pays $48,703 annually, while dental support and diagnostic programs hover around $40,000. These middle-tier programs carry similar debt loads to nursing but produce significantly lower earnings. The weakest option generates just $34,755 annually.
The 51% graduation rate creates substantial financial risk. Nearly half of students accumulate debt without completing their programs. The $21,470 annual net price becomes expensive if you don't finish, especially given the modest earnings potential outside of nursing.
This school works financially if you pursue nursing and can handle the academic demands. Memphis hospitals and healthcare facilities hire Concorde graduates, and the nursing shortage creates job security. Medical assisting offers a backup option with decent returns.
You should look elsewhere if you're considering dental support or the lower-paying diagnostic programs. Community colleges often provide similar training at lower cost with better completion rates. The debt-to-earnings ratio makes financial sense only for the top-paying programs.
Most students receive financial aid, but merit scholarships are limited at for-profit institutions. Focus on completing quickly to minimize total costs. The relatively low median debt of $9,500 suggests many students use financial aid effectively, but this figure likely reflects the high dropout rate rather than generous aid packages.
Frequently Asked Questions
Is Concorde Career College-Memphis worth the cost?
The ROI depends heavily on your program choice. Nursing graduates earn $65,238 annually, making the $21,470 yearly cost worthwhile, but other programs with lower earnings may not justify the expense.
What are the highest paying programs at Concorde Career College-Memphis?
Registered Nursing leads at $65,238 annually, followed by Allied Health and Medical Assisting at $48,703. Dental Support Services graduates earn around $40,455, while some Allied Health programs start at $34,755.
How much debt do Concorde Career College-Memphis graduates have?
The median debt is $9,500, which is relatively low for career colleges. However, with average post-graduation earnings of $31,599, debt repayment could still be challenging for lower-paying program graduates.
What is the graduation rate at Concorde Career College-Memphis?
Only 51% of students graduate, meaning nearly half don't complete their programs. This completion rate is a significant risk factor when considering the investment.