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Lincoln Memorial University — ROI, Cost & Payback

Private nonprofit · Harrogate, TN · 1,572 students

The verdict

Lincoln Memorial University charges a net price of $20,406/yr after aid — a 4-year total of $81,624. Graduates earn a median $49,956 ten years after entry, $1,596/yr above the $48,360 high-school baseline, clearing the total in 51.1 years — a 20-year net return of $-49,704, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Lincoln Memorial University's 51.1-year payback ranks #1,191 of 1,280 US colleges we track — better ROI than 7% of them, and #16 of 91 in Tennessee.

Better ROI than 7% of US colleges#1,191 of 1,280
Weakest ROIStrongest ROI
$20,406
Net price / yr
Scorecard, 2026
$49,956
Median earnings, 10 yrs
Scorecard, 2026
51.1 yrs
Payback
Our math, 2026
63%
Admission rate
Scorecard, 2026
Lincoln Memorial University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$20,406/yrScorecard, 2026
Total net cost (4 yrs)$81,624our math
Median earnings, 10 yrs after entry$49,956Scorecard, 2026
Earnings premium over HS baseline$1,596/yrour math
Median debt (completers)$20,000Scorecard, 2026
Payback51.1 yrsour math
20-year net return$-49,704our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Lincoln Memorial University: frequently asked questions

Is Lincoln Memorial University worth the cost?
On the numbers, yes. Lincoln Memorial University charges $20,406/yr after aid ($81,624 over 4 years), and graduates earn a median $49,956 ten years out — $1,596/yr above the $48,360 high-school baseline. That clears the cost in 51.1 years and returns $-49,704 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Lincoln Memorial University degree take to pay off?
About 51.1 years. We divide the $81,624 four-year net cost by the $1,596/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Lincoln Memorial University cost after financial aid?
The median net price is $20,406/yr — about $81,624 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Lincoln Memorial University compare to other Tennessee colleges?
It ranks #16 of 91 Tennessee colleges we track by payback. Its $49,956 median earnings beat the national median of $43,552, and its $20,406 net price is above the national median of $16,906.