Measures of Assessment:
There are so many rankings, by so many companies, on so many topics, but I feel these metrics are worth knowing. Spending per completion is the estimated educational spending per academic degree (expenses related to instruction, student services, academic support, institutional support, operations and maintenance). It is fascinating to see the enormous discrepancy between our public colleges. For instance St. Mary’s College of Maryland spends $109,456 per student and Towson University spends $38,386; that is almost a three-fold difference. Some of the difference is due to smaller class sizes, and possibly a costly housing problem for St. Mary’s in 2011, but it is also the smaller more personal environment. Morgan State spends $102,886, almost as much as St. Mary’s, but this is probably due to a very low 11% graduation rate so the cost of all students is borne by the few that graduate.
The average four year public college in the U.S. spends $66,436 per student completion while Maryland public schools spend $55,510.
|Completions per 100 students||Spending per completion||Student aid
|Students with Pell Grants|
|University of Maryland at College Park||84.1%||65.7%||27||$72,818||$8,152||19.1%|
|St. Mary’s College of Maryland||79.3%||71.3%||22||$109,456||$8,605||15.2%|
|University of Maryland-Baltimore County||64.6%||36.8%||22.6||$60,634||$7,762||27.0%|
|Frostburg State University||46.5%||22.0%||21.2||$53,942||$6,343||35.0%|
|University of Baltimore||37.6%||23.4%||26.6||$56,061||$4,549||42.6%|
|Bowie State University||35.2%||12.9%||17.6||$67,945||$6,887||48.7%|
|Morgan State University||33.7%||11.1%||14||$102,886||$7,073||61.5%|
|University of Maryland-Eastern Shore||32.5%||13.4%||14.7||$105,520||$9,271||55.1%|
|Coppin State University||13.9%||4.1%||14.6||$117,464||$6,077||59.6%|
|University of Maryland University College||2.9%||1.0%||29.4||$31,611||$8,364||23.9%|
This graph also breaks down the 4 and 6-year graduation rates of the different institutions. These numbers are not the same as the chart from last week, perhaps due to different reporting years. (Not all undergraduates are included in the official graduation rate. The U.S. omits part-time freshmen and those who have attended college before, among others, from its graduation-rate survey. The outcomes for those students are not known).
Graduation rates are important because that is the outcome we want, and 85% of Americans students’ surveyed think they will graduate in 4 years. That is not the case and that means not only a greater cost for a student’s education, but also lost wages by not graduating on time. This information is from College Completion.