Modern Technology School

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2022 Average Net Price
$20,535
After Financial Aid
2019 Default Rate
3.37%
on Student Loans
2015 Acceptance Rate
51.5%
165 Applicants
2022 Enrolled Students
115
100% Full-Time
2022 Graduation Rate
73%
27 Graduates

About

Modern Technology School is a higher education institution located in Orange County, CA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Modern Technology School were Radiographer (61 degrees awarded).

In 2022, 87 degrees were awarded across all undergraduate and graduate programs at Modern Technology School. 59.8% of these degrees were awarded to women, and 40.2% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (38 degrees), 2 times more than then the next closest race/ethnicity group, white (19 degrees).

In 2019 the default rate for borrower's at Modern Technology School was 3.37%, corresponding to 3 out of the 89 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $20,535.

In 2022, 38% of undergraduate students attending Modern Technology School received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Average Net Price

$20,535
2022 Value
1.58%
1 Year Growth

In 2022 Modern Technology School had an average net price — the price paid after factoring in grants and loans — of $20,535. Between 2021 and 2022, the average net price of Modern Technology School grew by 1.58%.

This chart compares the average net price of Modern Technology School (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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Financial Aid by Income Level

38%
Undergraduates Receiving Financial Aid through Grants
38%
Undergraduates Receiving Financial Aid through Loans

38% of undergraduate students at Modern Technology School received financial aid through grants or loans in 2022. This represents a growth of 8.57% with respect to 2021, when 35% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Technology School (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.
3.37%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Modern Technology School was 3.37%, which represents 3 out of the 89 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

Modern Technology School received 165 undergraduate applications in 2015, which represents a 25% annual growth. Out of those 165 applicants, 85 students were accepted for enrollment, representing a 51.5% acceptance rate.

There were 115 students enrolled at Modern Technology School in 2022.

Modern Technology School has an overall enrollment yield of 94.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.5%
Acceptance Rate in 2015
85
Accepted Out of 165

In 2015, the undergraduate acceptance rate of Modern Technology School was 51.5% (85 admissions from 165 applications). This is lower than the acceptance rate of 2014, which was 95.5%. Between 2014 and 2015, the number of applicants declined by 25%, while admissions declined by 59.5%.

This chart compares the acceptance rate of Modern Technology School (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Modern Technology School had a total enrollment of 115 students in 2022. The full-time enrollment at Modern Technology School is 115 students and the part-time enrollment is 0. This means that 100% of students enrolled at Modern Technology School are enrolled full-time.

The enrolled student population at Modern Technology School, both undergraduate and graduate, is 35.7% Hispanic or Latino, 30.4% White, 16.5% Asian, 5.22% Black or African American, 4.35% Two or More Races, and 2.61% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Modern Technology School in full-time Undergraduate programs are most commonly Hispanic or Latino Female (25.2%), followed by White Female (21.7%) and Hispanic or Latino Male (10.4%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Modern Technology School in 2022, both undergraduate and graduate, is 115 students. The full-time enrollment at Modern Technology School is 115 and the part-time enrollment is 0.

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

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Retention Rate over Time

74%
2022 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 Modern Technology School was 74%.

This chart shows the retention rate over time at Modern Technology School (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    41 enrolled students
  2. White
    35 enrolled students
  3. Asian
    19 enrolled students

The enrolled student population at Modern Technology School is 35.7% Hispanic or Latino, 30.4% White, 16.5% Asian, 5.22% Black or African American, 4.35% Two or More Races, and 2.61% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 3 students (2.61%) did not report their race.

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Graduates

In 2022, 17 more women than men received degrees from Modern Technology School. The most common race/ethnicity group of degree recipients at Modern Technology School is hispanic or latino (38 degrees awarded). There were 2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (19 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Modern Technology School is Radiographer (61 degrees awarded).

In 2022,  the most specialized majors across all degree types at Modern Technology School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (87 degrees awarded).

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 Modern Technology School are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Modern Technology School in 2022 are Health (87 degrees awarded) (as of 2022).

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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 Modern Technology School are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Modern Technology School are Health (87 degrees awarded) (as of 2022).

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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 Modern Technology School are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Modern Technology School are Health (87 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Modern Technology School.
Most Common (2022)
61 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Modern Technology School was Radiographer with 61 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Modern Technology School according to their major.

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Sex Breakdown for Common Majors

35
Degrees Awarded to Men
in 2022
52
Degrees Awarded to Women
in 2022

In 2022, 35 degrees were awarded to men at Modern Technology School, which is 0.673 times less than the number of degrees awarded to females (52).

This chart displays the sex disparity between the top 5 majors at Modern Technology School by degrees awarded.

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Most Common Male Majors

In 2022, 33 degrees were awarded to men at Modern Technology School in Radiographer, which is 1.18 times more than the 28 female recipients with that same degree.

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Most Common Female Majors

In 2022, 28 degrees were awarded to men at Modern Technology School in Radiographer, which is 0.848 times less than the 33 male recipients with that same degree.

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Time to Complete

28%
100% Completion Time
77%
150% Completion Time

In 2022, 28% of students graduating from Modern Technology School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% within 200%.

The following chart shows these completion rates over time compared to the average for the 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Modern Technology School is Male and Asian (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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, 11.1% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    38 degrees awarded
  2. White
    19 degrees awarded
  3. Asian
    10 degrees awarded

The most common race/ethnicity at Modern Technology School is hispanic or latino (38 degrees awarded). There were 2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (19 degrees).

5.75% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    26 degrees awarded
  2. Hispanic or Latino Male
    12 degrees awarded
  3. White Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Modern Technology School is hispanic or latino female (26 degrees awarded). There were 2.17 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (12 degrees).

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Operations

Salary Expenditure

$1.38M
2022 Salaries
0.58%
decline from 2021

In 2022, Modern Technology School paid a median of $1.38M in salaries, a 0.58% decline from the previous year. This is compared to a 0.223% growth between 2020 and 2021, and a 2.79% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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