SRC Graduation Rate & Retention Rates

Spoon River College 2023 Graduation & Retention Report

How many SRC first-year students return for their second year? How many graduate and how long does it take them? On this page we'll explore SRC retention rates, graduation rates, drop out rates and more.

• SRC Retention Rate
• SRC Graduation Rate
  • First Time Undergrads Attending Full Time
  • First Time Undergrads Attending Part Time
  • Non-First Time Undergrads Attending Full Time
  • Non-First Time Undergrads Attending Part Time
• SRC Drop Out Rate
• Methodology & References

SRC Retention Rate

The percentage of first-time / full-time students who return for their second year is tracked as the freshmen retention rate.

With 67% students making it past their freshmen year, SRC has freshmen retention rates similar to the national average.

Nationwide, the average first to second year retention rate is 70.57%.

When looking at just colleges and universities in Illinois, the average is 72.64%.

SRC Graduation Rates

There were approximately 264 students in the class of 2015. How many of them actually completed their degree in a timely fashion?

41% of the cohort completed their degree in four years, 31% in six years, and 32% in eight years.

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 SRC graduation rate 31%.

SRC Graduation Rates vs. National Average

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SRC Drop Out Rate

Approximately 571 students or 68% of the cohort did not complete their degree within eight years.

What happened to the 571 students who did not complete their degree?

• 0 are still enrolled.

• 260 transferred to another institution.

• SRC lost contact with the remaining 305 who we assumed dropped out.

SRC Graduation Rates by Race/Ethnicity

Some Students Take More Time To Graduate

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 SRC 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 SRC Graduation Rates

First-time / full-time students at Spoon River College represent 49% of the students in the class of 2015, and 68.56% of SRC bachelor's degree graduations.

With a four-year graduation rate of 41%, first-time students in the SRC class of 2015 who attended classes full-time were more likely than average to graduate on time.

After six years, the SRC graduation rate was 44%, and by the eight year mark, 45% 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.

SRC First-Time / Full-Time Graduation Rate vs. National Average

First-Time / Full-Time SRC Drop Out Rates

226 first-time / full-time students or 55% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 79 transferred to another institution.

• SRC lost contact with the remaining 142 who we assumed dropped out.

First-Time / Part-Time Graduation Rates

First-time / part-time students at Spoon River College represent 17.72% of the students in the class of 2015.

With a six-year graduation rate of 21%, first-time, part-time students in the SRC class of 2015 who attended classes full-time were less likely than average to graduate on time.

After eight years, the graduation rate was 22%.

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 SRC Graduation Rates vs. National Average

First-Time / Part-Time SRC Drop Out Rates

116 first-time / part-time students or 78% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 35 transferred to another institution.

• SRC lost contact with the remaining 81 who we assumed dropped out.

Non First-Time / Full-Time Students

161 SRC students were classified as full-time / not first-time. This represents 19.14% 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 20%, returning students in the class of 2015 and attended classes full-time had a graduation rate lower than the national average for students in this category.

After eight years, the graduation rate was 21%.

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.

SRC Non First-Time / Full-Time Graduation Rate vs. National Average

Non First-Time / Full-Time SRC Drop Out Rates

127 non first-time / part-time students or 79% did not complete their degree within eight years.

Of those who did not finish:

• 1 are still enrolled.

• 86 transferred to another institution.

• SRC lost contact with the remaining 40 who we assumed dropped out.

Non First-Time / Part-Time Graduation Rates

122 SRC students were classified as full-time / not first-time. This represents 14.51% of the students in the class of 2015.

With a six year graduation rate of 16%, 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 16%.

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.

SRC Non First-Time / Part-Time Graduation Rate vs. National Average

Non First-Time / Part-Time SRC Drop Out Rates

102 non first-time / part-time students or 84% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 60 transferred to another institution.

• SRC lost contact with the remaining 42 who we assumed dropped out.

More Resources:

• An Explanation of Freshman Retention Rates.

• How Common is it to Transfer to a Different College?

• Are Non-Traditional Students Less Likely to Graduate?

• How Many People Drop-Out of College?

• How Average Time to Graduate Can Affect the Value of Your Degree.

References

• National Center for Education Statistics