
Memphis, TNprivate forprofitwww.gouldsacademy.com/
Gould's Academy is not a traditional liberal arts college but a specialized, for-profit trade school in Memphis, Tennessee, laser-focused on the beauty industry. It operates with an open admissions policy, accepting virtually all applicants into its hands-on cosmetology, barbering, and esthetics programs. The culture is pragmatic and career-oriented, defined by strict attendance and academic progress requirements, with student life revolving around its two suburban Memphis campuses and the salon floor.
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Outcomes & value
Earnings = median of students working ~10 years after entry; debt = median of graduates. Value divides 10-yr earnings by one year’s net price — read it as earnings per dollar of annual cost, not a full lifetime ROI; it favors lower-cost schools. Source: U.S. Dept. of Education College Scorecard. Figures lag ~2 years and reflect all students, not your intended major.
U.S. Dept. of Education Financial Responsibility Composite Score (FY2022-23). Scale −1.0 to 3.0; ≥1.5 meets the standard. Reported for private nonprofit & for-profit institutions only — public universities are state-backed and not scored, so this is a stability signal, not a ranking.
Campus & location
On-campus criminal offenses classed as violent (murder/non-negligent manslaughter, rape, robbery, aggravated assault) for the most recent reported year. Source: U.S. Dept. of Education Campus Safety and Security (Clery Act). Counts reflect what’s reported to the school, and urban campuses often report more partly due to non-student incidents nearby — read alongside campus size and setting, not as a standalone safety verdict.
Pleasant days counts days per year with a mean temperature of 55–75°F, a high at or below 90°F, a low at or above 45°F, and little precipitation — a transparent comfort measure, not a weighting we invented. Computed from Open-Meteo ERA5 daily history (2019–2023). Natural-hazard risk is the county’s composite rating from the FEMA National Risk Index.
Forget Holistic admissionsA review that weighs the whole applicant — grades, essays, activities, and context — rather than relying on test scores and GPA alone., test scores, or demonstrated interest—Gould's Academy operates on an open admission policy. Multiple sources confirm that the Acceptance rateThe share of applicants a college admits in a given year. A 10% acceptance rate means it admits about 1 in 10 applicants. is 100%, meaning all applicants who meet the basic requirements are accepted. This places it in a fundamentally different category from selective undergraduate institutions; the barrier to entry is not selectivity but a student's commitment to completing the vocational program. The admissions process is straightforward, with officers responding to inquiries promptly, usually by the end of the day. There is no mention of Early Decision or any other binding admission plans; the school's catalog and policies focus on transfer credits (accepting up to 350 transfer hours for cosmetology) and ensuring applicants understand the program's demands rather than competing for a limited number of seats.
Academic life at Gould's Academy is narrowly defined and intensely practical. The institution offers only two major program areas: Cosmetology/Cosmetologist, General, and Barbering/Barber. The curriculum is entirely hands-on training for salon and spa services, encompassing cosmetology, esthetics, nail care, and barbering. There is no broad liberal arts core. The student-faculty ratio is reported as 7:1, suggesting small, focused practical classes. The academic culture is governed by strict Satisfactory Academic Progress (SAP) policies. To remain in good standing and eligible for financial aid, students must maintain a and an . Falling below either benchmark results in being placed on probation or losing financial aid eligibility, underscoring the program's emphasis on consistency and professional readiness over theoretical exploration.
Student life is anchored by the school's physical locations and the rhythm of a trade program. The academy operates from two campuses in the Memphis area: one at 1203 Ridgeway Rd in Memphis and another at 8000 US Highway 64 in Bartlett. There is no traditional residential college experience; these are commuter campuses for vocational training. While sources for a similarly named boarding school in Maine (Gould Academy) describe a vibrant community with clubs, athletics, and Harkness method classes, these do not apply to Gould's Academy in Tennessee. Life for a Gould's Academy student in Memphis likely revolves around classroom and salon-floor training, managing the rigorous 84% attendance requirement, and potentially balancing work outside of school. Social and community aspects would be formed among cohorts in the program rather than through a broad extracurricular slate.
Outcomes are measured by completion rates, licensure, and early-career earnings, not four-year graduation rates or postgraduate placements. The 150% of normal time completion rate (a common metric for shorter-term programs) is 79.53%. The first-year retention rate is 87.5%. For graduates, the median earnings six years after starting the program are $21,247. This earnings figure reflects entry-level positions in the beauty industry. The primary outcome goal is to prepare students to pass state licensing exams and begin work in salons, barbershops, or spas. The school's catalog emphasizes that maintaining satisfactory academic and attendance progress is directly tied to this goal, as failure to meet the 84% benchmarks can delay or prevent a student from completing the required hours for licensure.
As a for-profit trade school, the cost structure is transparent and focused on program tuition. The total price is listed as $18,422, which includes $11,225 in miscellaneous costs (likely kits, supplies, and fees) on top of tuition. The average net price after aid is significantly lower. Students commonly receive grant aid and financial assistance. The average total aid awarded is reported as $6,005 per year, and the average student grant aid is $5,494. The school participates in federal financial aid programs, and students may qualify for grants from the U.S. Department of Education. The school also distributed Emergency Financial Aid Grants to students during the pandemic, with individual amounts around $1,063.49. There is no indication of a "no-loan" policy or meeting full demonstrated need, which are typically features of highly-endowed non-profit colleges; instead, financing involves federal aid, potential loans, and payment plans specific to career training.
Gould's Academy stands out precisely because it is not trying to be a traditional college. It is a pure, single-purpose trade school with zero pretensions about liberal arts education or campus life. Its identity is defined by:
In a landscape cluttered with colleges promoting 'well-roundedness,' Gould's Academy is unapologetically a narrow, sharp tool for building a specific career.