Lake Superior College

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2017 Undergraduate Tuition

$4,417

1.01% growth from 2016

2017 Average Net Price

$11,470

After Financial Aid

2016 Student Loan

11.7%

Default Rate

2017 Enrolled Students

5,059

35.7% Full-Time

2017 Graduation Rate

31.2%

119 Graduates

About

Lake Superior College is a higher education institution located in St. Louis County, MN. In 2016, the most popular Bachelor's Degree concentrations at Lake Superior College were .

In 2017, 1,178 degrees were awarded across all undergraduate and graduate programs at Lake Superior College. 58.4% of these degrees were awarded to women, and 41.6% awarded men. The majority of degree recipients were white (966 degrees), 14.9 times more than then the next closest race/ethnicity group, unknown (65 degrees).

The median undergraduate tuition at Lake Superior College is $4,417, which is $-2,997 less than the national average for Associates Colleges ($7,414).

Costs

The median undergraduate tuition at Lake Superior College is $4,417, which is $-2,997 less than the national average for Associates Colleges ($7,414).

After taking grants and loans into account, the average net price for students is $11,470.

In 2017, 44% of undergraduate students received federal grants, while 34% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$4,417

2017 Undergraduate Tuition

In 2017, the cost of tuition at Lake Superior College was $4,417. The cost of tuition at Lake Superior College is $-2,997 less than than the overall (public and private) national average for Associates Colleges ($7,414).

This chart compares the tuition costs of Lake Superior College (in red) with those of other similar universities.

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Average Net Price

$11,470

2017 Value

2.53%

1 Year Growth

In 2017 Lake Superior College had an average net price — the price paid after factoring in grants and loans — of $11,470. Between 2016 and 2017, the average net price of Lake Superior College grew by 2.53%.

This chart compares the average net price of Lake Superior College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$6,441

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Lake Superior College was of $6,441 in 2017. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 2.3% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lake Superior College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

44%

Of Undergraduates Receive Grants

34%

Of Undergraduates Receive Federal Loans

44% of undergraduate students at Lake Superior College received grants or loans in 2017. This represents a decline of 6.38% with respect to 2016, when 47% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Superior College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

11.7%

2016 Default Rate

153

Number of Defaults

In 2016 the default rate for borrower's at Lake Superior College was 11.7%, which represents 153 out of the 1306 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Lake Superior College has a total enrollment of 5,059 students. The full-time enrollment at Lake Superior College is 1,804 students and the part-time enrollment is 3,255. This means that 35.7% of students enrolled at Lake Superior College are enrolled full-time.

The enrolled student population at Lake Superior College, both undergraduate and graduate, is 82.5% White, 3.99% Two or More Races, 3.04% Black or African American, 2.61% Hispanic or Latino, 1.42% Asian, 1.42% American Indian or Alaska Native, and 0.0791% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Superior College in full-time Undergraduate programs are majority White Male (44%), followed by White Female (39.8%) and Two or More Races Female (2.66%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

35.7%

Full-Time Enrollment

The total enrollment at Lake Superior College, both undergraduate and graduate, is 5,059 students. The full-time enrollment at Lake Superior College is 1,804 and the part-time enrollment is 3,255. This means that 35.7% of students enrolled at Lake Superior College are enrolled full-time compared with 36% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Superior College (in red) compares to similar universities.

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Retention Rate over Time

57%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lake Superior College was 57%. Compared with the full-time retention rate at similar Associates Colleges (61%), Lake Superior College had a retention rate lower than its peers.

This chart shows the retention rate over time at Lake Superior College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    4,176

  2. Two or More Races

    202

  3. Black or African American

    154

The enrolled student population at Lake Superior College is 82.5% White, 3.99% Two or More Races, 3.04% Black or African American, 2.61% Hispanic or Latino, 1.42% Asian, 1.42% American Indian or Alaska Native, and 0.0791% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 45.9% White, 25.3% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 202 students (3.99%) did not report their race.

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Graduates

In 2017, 198 more women than men received degrees from Lake Superior College. The majority of degree recipients at Lake Superior College are white (966 degrees awarded). There were 14.9 times more white graduates than the next closest race/ethnicity group, unknown (65 degrees).

The most common Bachelor's Degree concentration at Lake Superior College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Lake Superior College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (61 degrees awarded), Transportation (46 degrees), and Precision Production (52 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are Registered nurses (1,294,936 people), Medical & health services managers (135,005 people), Pharmacists (128,892 people), Nurse practitioners & nurse midwives (120,345 people), and Other managers (102,243 people).

The most specialized majors at Lake Superior College are Construction (61 degrees awarded), Transportation (46 degrees), Precision Production (52 degrees), Communication Technologies (10 degrees), and Health (598 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are Personal financial advisors, Physicians, Public relations specialists, Surgeons, and Podiatrists

The most specialized majors at Lake Superior College are Construction (61 degrees awarded), Transportation (46 degrees), Precision Production (52 degrees), Communication Technologies (10 degrees), and Health (598 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,417,158 people), Elementary & secondary schools (224,284 people), Outpatient care centers (192,497 people), Offices of physicians (185,170 people), and Colleges, universities & professional schools, including junior colleges (140,840 people).

The most specialized majors at Lake Superior College are Construction (61 degrees awarded), Transportation (46 degrees), Precision Production (52 degrees), Communication Technologies (10 degrees), and Health (598 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Superior College.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Lake Superior College was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Lake Superior College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 490

  2. 688

In 2017, 490 degrees were awarded to men at Lake Superior College, which is 0.712 times less than the number of degrees awarded to females (688).

This chart displays the gender disparity between the top 5 majors at Lake Superior College by degrees awarded.

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Most Common Male Majors

In false, 100 degrees were awarded to men at Lake Superior College in Liberal Arts & Sciences, which is 0.637 times less than the 157 female recipients with that same degree.

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Most Common Female Majors

In false, 241 degrees were awarded to women at Lake Superior College in Nursing Assistant & Patient Care Assistant, which is 3.49 times more than the 69 male recipients with that same degree.

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Time to Complete

17%

100% Completion Time

28%

150% Completion Time

In 2017, 17% of students graduating from Lake Superior College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 28% completed their degrees within 150% of the normal time, and 30% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate at Lake Superior College is Male and Asian (50% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.84% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    966 degrees awarded

  2. Unknown

    65 degrees awarded

  3. Two or More Races

    40 degrees awarded

The most common race/ethnicity at Lake Superior College is white (966 degrees awarded). There were 14.9 times more white recipients than the next closest race/ethnicity group, unknown (65 degrees).

5.52% of degree recipients (65 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    579 degrees awarded

  2. White Male

    387 degrees awarded

  3. Black or African American Male

    22 degrees awarded

The most common race/ethnicity and gender grouping at Lake Superior College is white female (579 degrees awarded). There were 1.5 times more white female recipients than the next closest race/ethnicity group, white male (387 degrees).

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Operations

Lake Superior College has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $186k (N/A%), compared to the 2.22% average return ($81.1k on $3.66M) across all Associates Colleges.

In 2017, Lake Superior College had a total salary expenditure of $47.2M. Lake Superior College employs 85 Instructors, 0 N/A, and 0 N/A. Most academics at Lake Superior College are Female Instructors (43), Male Instructors(42), and N/A (0).

The most common positions for non-instructional staff at Lake Superior College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 32 employees, Office and Administrative Support, with 28 employees, and Business and Financial Operations with 10 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Lake Superior College has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Lake Superior College stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Superior College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Lake Superior College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$18.7M

2017 Salaries

2.57%

growth from 2016

In 2017, Lake Superior College paid a median of $18.7M in salaries, which represents 39.5% of their overall expenditure ($47.2M) and a 2.57% growth from the previous year. This is compared to a 6.74% decline from 2015 and a 3.48% growth from 2014.

The median for similar Associates Colleges is 14.9M (41.7% of overall expenditures).

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Instructional Salaries

$5.97M

Instructional Salaries

85

Number of Employees

In 2017, Lake Superior College paid a total of $5.97M to 85 employees working as instructors, which represents 32% of all salaries paid.

This is compared to a median of $4.51M (29.6%) for similar Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

85 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

32 Employees

In 2017, the most common positions for instructional staff at Lake Superior College were Instructor with 85 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Lake Superior College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees; Office and Administrative Support with 28 employees; and Business and Financial Operations with 10 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Male Instructor

  3. false

In 2017, the most common demographic for instructional staff at Lake Superior College was Female Instructor with 43 employees, Male Instructor with 42 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Lake Superior College.

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