by our College Data Analytics TeamAre students coming back to LBI after their first year? Are LBI students graduating in a timely manner? What happens to the students who don't graduate? Get all your questions answered here.
The percentage of first-time / full-time students who return for their second year is tracked as the freshmen retention rate.
With 80% students making it past their freshmen year, LBI has freshmen retention rates above the national average.
Nationwide, the average first to second year retention rate is 70.57%.
When looking at just colleges and universities in Pennsylvania, the average is 73.24%.
| Retention Rate | |
|---|---|
| LBI | 80% |
| Nationwide | 70.57% |
| Pennsylvania | 73.24% |
How many of the estimated 271 students in the class of 2015 completed their degree within eight years?
Four years after beginning their degree, 71% of those students had graduated. By 2017, six years after starting their degree, 72% of the students had graduated and after eight years 72% of this class completed their degree.
According to the National Center for Education Statistics, a student is considered to have graduated on time if they complete their degree within six years, making the official LBI graduation rate 72%.
| Completion Within | Undergraduates | Percentage |
|---|---|---|
| Four Years | 271 | 72% |
| Six Years | 271 | 72% |
| Eight Years | 0 | 0% |
| Did Not Complete | 103 | 28% |
Approximately 103 students or 28% of the cohort did not complete their degree within eight years.
What happened to the 103 students who did not complete their degree?
0 are still enrolled.
3 transferred to another institution.
LBI lost contact with the remaining 100 who we assumed dropped out.
| Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.0% |
| Transferred | 3 | 2.9% |
| Dropped Out | 100 | 97.1% |
First-time, full-time students, under the age of 25 are known as traditional students. These students are more likely to graduate in four years than so called 'non-traditional' students that includes part-time students, transfer students, or adult learners. Some schools cater to non-traditional students and it may affect their overall graduation rates.
Traditional Students:
First-time, full-time students under the age of 25.
Non-Traditional Students:
Any student that is not first-time, full-time, and under the age of 25.
The majority of students at LBI are considered 'traditional students' who are first-time attending full-time.
How does this school do graduating the type of student you are most concerned bout?
First-time / full-time students at Laurel Business Institute represent 59% of the students in the class of 2015, and 58.30% of LBI bachelor's degree graduations.
With a four-year graduation rate of 71%, first-time students in the LBI class of 2015 who attended classes full-time were more likely than average to graduate on time.
After six years, the LBI graduation rate was 71%, and by the eight year mark, 71% of the cohort had completed their degree.
Nationwide, the average graduation rate for first-time undergraduates attending classes full-time is 37.92% after four years, 46.43% after six years, and 47.82% after eight years.
| First-Time / Full-Time Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 71% | 37.92% |
| Six Years | 71% | 46.43% |
| Eight Years | 71% | 47.82% |
63 first-time / full-time students or 29% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
2 transferred to another institution.
LBI lost contact with the remaining 61 who we assumed dropped out.
| First-Time / Full-Time Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 2 | 3.17% |
| Dropped Out | 61 | 96.83% |
First-time / part-time students at Laurel Business Institute represent 1.87% of the students in the class of 2015.
With a six-year graduation rate of 86%, first-time, part-time students in the LBI class of 2015 who attended classes full-time were more likely than average to graduate on time.
After eight years, the graduation rate was 86%.
Nationwide, the average graduation rate for first-time undergraduates attending classes part-time is: 14.37% after four years, 21.59% after six years, 23.72% after eight years.
| First-Time / Part-Time Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 86% | 14.37% |
| Six Years | 86% | 21.59% |
| Eight Years | 86% | 23.72% |
1 first-time / part-time students or 14% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 1 who we assumed dropped out.
| First-Time / Part-Time Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 1 | 100.00% |
141 LBI students were classified as full-time / not first-time. This represents 37.70% of the students in the class of 2015.
Non first-time students could include transfer students or adults who have returned to school after an absense.
With a six year graduation rate of 75%, returning students in the class of 2015 and attended classes full-time had a graduation rate higher than the national average for students in this category.
After eight years, the graduation rate was 75%.
Nationwide, the average graduation rate for non first-time undergraduates attending classes full-time is: 49.57% after four years, 53.83% after six years, and 55.07% after eight years.
| Returning / Full-Time Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 0% | 49.57% |
| Six Years | 75% | 53.83% |
| Eight Years | 75% | 55.07% |
35 non first-time / part-time students or 25% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
1 transferred to another institution.
LBI lost contact with the remaining 34 who we assumed dropped out.
| First-Time / Part-Time Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 1 | 2.86% |
| Dropped Out | 34 | 97.14% |
5 LBI students were classified as full-time / not first-time. This represents 1.34% of the students in the class of 2015.
With a six year graduation rate of 20%, returning students in the class of 2015 and attended classes full-time had a graduation rate lower than the national average.
After eight years, the graduation rate was 20%.
Nationwide, the average graduation rate for non first-time undergraduates attending classes part-time is: 36.03% after six years, 36.03% after eight years.
| Returning / Part-Time Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 0% | 30.46% |
| Six Years | 20% | 36.03% |
| Eight Years | 20% | 37.80% |
4 non first-time / part-time students or 80% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 4 who we assumed dropped out.
| Returning / Part-Time Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 4 | 100.00% |
