SOLEX College

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2019 Student Loan

4.56%

Default Rate

2016 Enrolled Students

70.2% Full-Time

About

SOLEX College is a higher education institution located in Cook County, IL. In 2016, the most popular Associates Degree concentrations at SOLEX College were Physical Therapy Technician (16 degrees awarded) and Accounting & Finance (3 degrees).

In 2016, 24 degrees were awarded across all undergraduate and graduate programs at SOLEX College. 54.2% of these degrees were awarded to women, and 45.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (9 degrees), 1.13 times more than then the next closest race/ethnicity group, white (8 degrees).

Special Focus Two-Year: Other Fields Special Focus Institutions

Costs

In 2016, 24% of undergraduate students attending SOLEX College received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Average Net Price

This chart compares the average net price of SOLEX 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.

Financial Aid by Income Level

24%

Undergraduates Receiving Financial Aid through Grants

31%

Undergraduates Receiving Financial Aid through Loans

24% of undergraduate students at SOLEX College received financial aid through grants or loans in 2016. This represents a decline of 4% with respect to 2015, when 25% of undergraduate students received financial aid.

This chart compares the average award discount at SOLEX 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.

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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at SOLEX College was 4.56%, which represents 86 out of the 1884 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.

Enrollment

SOLEX College had a total enrollment of 94 students in 2016. The full-time enrollment at SOLEX College is 66 students and the part-time enrollment is 28. This means that 70.2% of students enrolled at SOLEX College are enrolled full-time.

The enrolled student population at SOLEX College, both undergraduate and graduate, is 34% Black or African American, 31.9% White, 19.1% Hispanic or Latino, 11.7% Asian, and 3.19% Native Hawaiian or Other Pacific Islanders.

Students enrolled at SOLEX College in full-time Undergraduate programs are most commonly Black or African American Female (37.9%), followed by Hispanic or Latino Female (16.7%) and White Male (10.6%).

Full-Time vs Part-Time Enrollment

70.2%

Full-Time Enrollment

The total enrollment at SOLEX College in 2016, both undergraduate and graduate, is 94 students. The full-time enrollment at SOLEX College is 66 and the part-time enrollment is 28. This means that 70.2% of students enrolled at SOLEX College are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

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

Retention Rate over Time

100%

2016 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 SOLEX College was 100%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), SOLEX College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2016)

Black or African American
32 enrolled students
White
30 enrolled students
Hispanic or Latino
18 enrolled students

The enrolled student population at SOLEX College is 34% Black or African American, 31.9% White, 19.1% Hispanic or Latino, 11.7% Asian, and 3.19% 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 Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2016, 2 more women than men received degrees from SOLEX College. The most common race/ethnicity group of degree recipients at SOLEX College is hispanic or latino (9 degrees awarded). There were 1.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (8 degrees).

The most common Associates Degree concentration at SOLEX College is Physical Therapy Technician (16 degrees awarded), followed by Accounting & Finance (3 degrees).

In 2016, the most specialized majors across all degree types at SOLEX College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (21 degrees awarded), Business (3 degrees), and Computer and Information Sciences and Support Services (0 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at SOLEX College are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at SOLEX College in 2016 are Health (21 degrees awarded), Business (3 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2016).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at SOLEX College are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at SOLEX College are Health (21 degrees awarded), Business (3 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2016).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at SOLEX College are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

The most specialized majors at SOLEX College are Health (21 degrees awarded), Business (3 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2016).

Majors Awarded

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

Most Common (2016)

Physical Therapy Technician
16 degrees awarded
Accounting & Finance
3 degrees awarded

In 2016, the most common associates degree concentration at SOLEX College was Physical Therapy Technician with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at SOLEX College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2016

Degrees Awarded to Women

in 2016

In 2016, 11 degrees were awarded to men at SOLEX College, which is 0.846 times less than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at SOLEX College by degrees awarded.

Most Common Male Majors

In 2016, 9 degrees were awarded to men at SOLEX College in Physical Therapy Technician, which is 1.29 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2016, 7 degrees were awarded to men at SOLEX College in Physical Therapy Technician, which is 0.778 times less than the 9 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2016 at SOLEX College is Male and White (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2016)

Hispanic or Latino
9 degrees awarded
White
8 degrees awarded
Asian
3 degrees awarded

The most common race/ethnicity at SOLEX College is hispanic or latino (9 degrees awarded). There were 1.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (8 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2016)

White Female
6 degrees awarded
Hispanic or Latino Female
5 degrees awarded
Hispanic or Latino Male
4 degrees awarded

The most common race/ethnicity and sex grouping at SOLEX College is white female (6 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (5 degrees).

Operations

SOLEX College employs 2 No academic ranks. Most academics at SOLEX College are Female No academic rank (2), and Male No academic rank (0).

The most common positions for non-instructional staff at SOLEX College are: Management, with 6 employees, Office and Administrative Support, with 5 employees, and Business and Financial Operations with 3 employees.

Salary Expenditure

$2.4M

2016 Salaries

5.42%

decline from 2015

In 2016, SOLEX College paid a median of $2.4M in salaries, a 5.42% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$118k

Instructional Salaries

Number of Employees

In 2016, SOLEX College paid a total of $118k to 2 employees working as instructors, which represents 4.93% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

No academic rank

Most Common Instructor

2 Employees

Management

Most Common Non-Instructional Employee

6 Employees

In 2016, the most common positions for instructional staff at SOLEX College was No academic rank with 2 employees.

In 2016, the most common positions for non-instructional staff at SOLEX College were Management with 6 employees, Office and Administrative Support with 5 employees, and Business and Financial Operations with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2016)

Female No academic rank
Male No academic rank

In 2016, the most common demographic for instructional staff at SOLEX College was Female No academic rank with 2 employees, and Male No academic rank with 0 employees.

This chart shows the sex split between each academic rank present at SOLEX College.

SOLEX College

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Costs

Enrollment

Graduates

Operations