Taylor Business Institute

Associates Colleges

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2017 Undergraduate Tuition

$11,025

22.2% growth from 2016

2017 Average Net Price

$16,485

After Financial Aid

2016 Student Loan

16.8%

Default Rate

2017 Acceptance Rate

78.3%

46 Applicants

2017 Enrolled Students

127

100% Full-Time

2017 Graduation Rate

66.6%

317 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Taylor Business Institute is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at Taylor Business Institute were .

In 2017, 20 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 55% of these degrees were awarded to women, and 45% awarded men. The majority of degree recipients were black or african american (10 degrees), 3.33 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

The median undergraduate tuition at Taylor Business Institute is $11,025, which is $3,611 more than the national average for Associates Colleges ($7,414).

Photo by Alex Proimos

Associates Colleges: Mixed Transfer/Career & Technical-High NontraditionalAssociates Colleges

Costs

The median undergraduate tuition at Taylor Business Institute is $11,025, which is $3,611 more than the national average for Associates Colleges ($7,414).

After taking grants and loans into account, the average net price for students is $16,485.

In 2017, 15% of undergraduate students received federal grants, while 15% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$11,025

2017 Undergraduate Tuition

In 2017, the cost of tuition at Taylor Business Institute was $11,025. The cost of tuition at Taylor Business Institute is $3,611 more than than the overall (public and private) national average for Associates Colleges ($7,414).

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Average Net Price

$16,485

2017 Value

0.85%

1 Year Growth

In 2017 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $16,485. Between 2016 and 2017, the average net price of Taylor Business Institute grew by 0.85%.

This chart compares the average net price of Taylor Business Institute (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

$7,500

Room and Board

$750

Books and Supplies

The average yearly cost of room and board at Taylor Business Institute was of $7,500 in 2017. During the same period, the average yearly cost of books and supplies was $750. The cost of room and board did not change between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

15%

Of Undergraduates Receive Grants

15%

Of Undergraduates Receive Federal Loans

15% of undergraduate students at Taylor Business Institute received grants or loans in 2017. This represents a decline of 6.25% with respect to 2016, when 16% of undergraduate students received financial aid.

This chart compares the average award discount at Taylor Business Institute (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.

16.8%

2016 Default Rate

18

Number of Defaults

In 2016 the default rate for borrower's at Taylor Business Institute was 16.8%, which represents 18 out of the 107 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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Admissions

Taylor Business Institute received 46 undergraduate applications in 2017, which represents a 0% annual growth. Out of those 46 applicants, 36 students were accepted for enrollment, representing a 78.3% acceptance rate.

There were 127 students enrolled at Taylor Business Institute in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Taylor Business Institute has an overall enrollment yield of 80.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.3%

Acceptance Rate in 2017

36

Accepted Out of 46

In 2017, the undergraduate acceptance rate of Taylor Business Institute was 78.3% (36 admissions from 46 applications). This is higher than the acceptance rate of false, which was N/A%. Between false and 2017, the number of applicants stayed by N/A%, while admissions stayed by N/A%.

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Taylor Business Institute in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Taylor Business Institute has a total enrollment of 127 students. The full-time enrollment at Taylor Business Institute is 127 students and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time.

The enrolled student population at Taylor Business Institute, both undergraduate and graduate, is 29.9% Black or African American, 0.787% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Hispanic or Latino, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are majority Black or African American Female (22.8%), followed by Black or African American Male (7.09%) and White Female (0.787%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Taylor Business Institute, both undergraduate and graduate, is 127 students. The full-time enrollment at Taylor Business Institute is 127 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 36% at similar Associates Colleges.

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

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Retention Rate over Time

60%

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 Taylor Business Institute was 60%. Compared with the full-time retention rate at similar Associates Colleges (61%), Taylor Business Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Taylor Business Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    38

  2. White

    1

  3. Asian

    0

The enrolled student population at Taylor Business Institute is 29.9% Black or African American, 0.787% White, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Hispanic or Latino, 0% Two or More Races, and 0% American Indian or Alaska Native. 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, 0 students (0%) did not report their race.

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Graduates

In 2017, 2 more women than men received degrees from Taylor Business Institute. The majority of degree recipients at Taylor Business Institute are black or african american (10 degrees awarded). There were 3.33 times more black or african american graduates than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common Bachelor's Degree concentration at Taylor Business Institute is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Taylor Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (6 degrees awarded), Engineering Technologies (3 degrees), and Health (9 degrees).

Workforce

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are Registered nurses (1,381,614 people), Accountants & auditors (1,102,351 people), Other managers (682,889 people), Financial managers (425,836 people), and Chief executives & legislators (326,469 people).

The most specialized majors at Taylor Business Institute are Protective Services (6 degrees awarded), Engineering Technologies (3 degrees), Health (9 degrees), and Business (2 degrees).

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Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are Physicians, Public relations specialists, Surgeons, Podiatrists, and Marketing managers

The most specialized majors at Taylor Business Institute are Protective Services (6 degrees awarded), Engineering Technologies (3 degrees), Health (9 degrees), and Business (2 degrees).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,714,668 people), Elementary & secondary schools (679,886 people), Banking & related activities (494,812 people), Computer Systems Design (461,483 people), and Justice, public order, & safety activities (461,428 people).

The most specialized majors at Taylor Business Institute are Protective Services (6 degrees awarded), Engineering Technologies (3 degrees), Health (9 degrees), and Business (2 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 Taylor Business Institute.

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 Taylor Business Institute was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Taylor Business Institute according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 9

  2. 11

In 2017, 9 degrees were awarded to men at Taylor Business Institute, which is 0.818 times less than the number of degrees awarded to females (11).

This chart displays the gender disparity between the top 5 majors at Taylor Business Institute by degrees awarded.

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Most Common Male Majors

In false, 3 degrees were awarded to men at Taylor Business Institute in Electrical, Electronic, & Communications Engineering Technology, which is N/A times more than the 0 female recipients with that same degree.

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Most Common Female Majors

In false, 7 degrees were awarded to women at Taylor Business Institute in Health Information & Medical Records Technology, which is 3.5 times more than the 2 male recipients with that same degree.

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Time to Complete

34%

100% Completion Time

57%

150% Completion Time

In 2017, 34% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 57% 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.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Taylor Business Institute is Female and White (100% 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% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    10 degrees awarded

  2. Hispanic or Latino

    3 degrees awarded

  3. Asian

    0 degrees awarded

The most common race/ethnicity at Taylor Business Institute is black or african american (10 degrees awarded). There were 3.33 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    8 degrees awarded

  2. Black or African American Male

    2 degrees awarded

  3. Hispanic or Latino Female

    2 degrees awarded

The most common race/ethnicity and gender grouping at Taylor Business Institute is black or african american female (8 degrees awarded). There were 4 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (2 degrees).

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Operations

Taylor Business Institute has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 2.22% average return ($81.1k on $3.66M) across all Associates Colleges.

In 2017, Taylor Business Institute had a total salary expenditure of $2.21M. Taylor Business Institute employs 4 Instructors, 0 N/A, and 0 N/A. Most academics at Taylor Business Institute are Male Instructors (2), Female Instructors(2), and N/A (0).

The most common positions for non-instructional staff at Taylor Business Institute are: Management, with 6 employees, Office and Administrative Support, with 3 employees, and Sales and related with 1 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Taylor Business Institute has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Taylor Business Institute 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 Taylor Business Institute (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, Taylor Business Institute 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

$1.17M

2017 Salaries

4.27%

decline from 2016

In 2017, Taylor Business Institute paid a median of $1.17M in salaries, which represents 52.9% of their overall expenditure ($2.21M) and a 4.27% decline from the previous year. This is compared to a 14.2% growth from 2015 and a 5.56% decline from 2014.

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

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Instructional Salaries

$201k

Instructional Salaries

4

Number of Employees

In 2017, Taylor Business Institute paid a total of $201k to 4 employees working as instructors, which represents 17.2% 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

4 Employees

Management

Most Common Non-Instructional Employee

6 Employees

In 2017, the most common positions for instructional staff at Taylor Business Institute were Instructor with 4 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Taylor Business Institute were Management with 6 employees; Office and Administrative Support with 3 employees; and Sales and related with 1 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Instructor

  2. Female Instructor

  3. false

In 2017, the most common demographic for instructional staff at Taylor Business Institute was Male Instructor with 2 employees, Female Instructor with 2 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Taylor Business Institute.

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