Ranken Technical College

www.ranken.edu

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2022 Undergraduate Tuition

$15,720

2.99% growth from 2021

2022 Average Net Price

$15,437

After Financial Aid

2019 Default Rate

1.04%

on Student Loans

2022 Enrolled Students

1,671

74.8% Full-Time

2022 Graduation Rate

23.1%

3 Graduates

About

Ranken Technical College is a higher education institution located in St. Louis city, MO. In 2022, the most popular Associates Degree concentrations at Ranken Technical College were Industrial Electronics Technology (93 degrees awarded), Computer Engineering Technology (82 degrees), and Automobile Mechanics Technology (47 degrees).

In 2022, 754 degrees were awarded across all undergraduate and graduate programs at Ranken Technical College. 6.9% of these degrees were awarded to women, and 93.1% awarded men. The most common race/ethnicity group of degree recipients was white (538 degrees), 6.64 times more than then the next closest race/ethnicity group, black or african american (81 degrees).

The median undergraduate tuition at Ranken Technical College is $15,720, which is $3,756 more than the national average for Baccalaureate/Associates Colleges ($11,964).

In 2019 the default rate for borrower's at Ranken Technical College was 1.04%, corresponding to 8 out of the 769 total borrowers.

Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Baccalaureate/Associates Colleges

Costs

In 2022, the median undergraduate tuition at Ranken Technical College is $15,720, which is $3,756 more than the national average for Baccalaureate/Associates Colleges ($11,964).

After taking grants and loans into account, the average net price for students is $15,437.

In 2022, 58% of undergraduate students attending Ranken Technical College received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$15,720

2022 Undergraduate Tuition

In 2022, the cost of tuition at Ranken Technical College was $15,720. The cost of tuition at Ranken Technical College is $3,756 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($11,964).

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

Average Net Price

$15,437

2022 Value

16.7%

1 Year Growth

In 2022 Ranken Technical College had an average net price — the price paid after factoring in grants and loans — of $15,437. Between 2021 and 2022, the average net price of Ranken Technical College grew by 16.7%.

This chart compares the average net price of Ranken Technical 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.

Other Student Expenses

$9,690

Room and Board

$2,500

Books and Supplies

The average yearly cost of room and board at Ranken Technical College was of $9,690 in 2022. The cost of room and board increased by 30.1% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,500. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

58%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Ranken Technical College received financial aid through grants or loans in 2022. This represents a decline of 12.1% with respect to 2021, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Ranken Technical 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.

1.04%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Ranken Technical College was 1.04%, which represents 8 out of the 769 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

Ranken Technical College had a total enrollment of 1,671 students in 2022. The full-time enrollment at Ranken Technical College is 1,250 students and the part-time enrollment is 421. This means that 74.8% of students enrolled at Ranken Technical College are enrolled full-time.

The enrolled student population at Ranken Technical College, both undergraduate and graduate, is 68.3% White, 17.2% Black or African American, 3.89% Hispanic or Latino, 2.09% Two or More Races, 1.68% Asian, 0.778% American Indian or Alaska Native, and 0.0598% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ranken Technical College in full-time Undergraduate programs are most commonly White Male (66.8%), followed by Black or African American Male (11.8%) and White Female (5.2%).

Full-Time vs Part-Time Enrollment

74.8%

Full-Time Enrollment

The total enrollment at Ranken Technical College in 2022, both undergraduate and graduate, is 1,671 students. The full-time enrollment at Ranken Technical College is 1,250 and the part-time enrollment is 421. This means that 74.8% of students enrolled at Ranken Technical College are enrolled full-time compared with N/A% at similar Baccalaureate/Associates Colleges.

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

Retention Rate over Time

36%

2020 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 Ranken Technical College was 36%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (63%), Ranken Technical College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,141 enrolled students
Black or African American
288 enrolled students
Hispanic or Latino
65 enrolled students

The enrolled student population at Ranken Technical College is 68.3% White, 17.2% Black or African American, 3.89% Hispanic or Latino, 2.09% Two or More Races, 1.68% Asian, 0.778% American Indian or Alaska Native, and 0.0598% 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 Baccalaureate/Associates Colleges is 42.6% White, 27.7% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2022, 650 fewer women than men received degrees from Ranken Technical College. The most common race/ethnicity group of degree recipients at Ranken Technical College is white (538 degrees awarded). There were 6.64 times more white recipients than the next closest race/ethnicity group, black or african american (81 degrees).

The most common Associates Degree concentration at Ranken Technical College is Industrial Electronics Technology (93 degrees awarded), followed by Computer Engineering Technology (82 degrees) and Automobile Mechanics Technology (47 degrees).

In 2022, the most specialized majors across all degree types at Ranken Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (259 degrees awarded), Mechanical Technologies (298 degrees), and Construction (93 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Ranken Technical College are Accountants & auditors (1,030,996 people), Other managers (780,745 people), Software developers (683,758 people), Financial managers (494,586 people), and Chief executives & legislators (400,916 people).

The most specialized majors at Ranken Technical College in 2022 are Engineering Technologies (259 degrees awarded), Mechanical Technologies (298 degrees), Construction (93 degrees), Precision Production (65 degrees), and Computer and Information Sciences and Support Services (10 degrees) (as of 2022).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Ranken Technical College are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Ranken Technical College are Engineering Technologies (259 degrees awarded), Mechanical Technologies (298 degrees), Construction (93 degrees), Precision Production (65 degrees), and Computer and Information Sciences and Support Services (10 degrees) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Ranken Technical College are Computer Systems Design (1,051,550 people), Banking & related activities (528,337 people), Elementary & secondary schools (509,593 people), Construction (491,766 people), and Securities, commodities, funds, trusts & other financial investments (450,256 people).

Majors Awarded

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

Most Common (2022)

Industrial Electronics Technology
93 degrees awarded
Computer Engineering Technology
82 degrees awarded
Automobile Mechanics Technology
47 degrees awarded

In 2022, the most common associates degree concentration at Ranken Technical College was Industrial Electronics Technology with 93 degrees awarded.

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

Sex Breakdown for Common Majors

702

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 702 degrees were awarded to men at Ranken Technical College, which is 13.5 times more than the number of degrees awarded to females (52).

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

Most Common Male Majors

In 2022, 123 degrees were awarded to men at Ranken Technical College in Industrial Electronics Technology, which is 20.5 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2022, 12 degrees were awarded to men at Ranken Technical College in Computer Engineering Technology, which is 0.129 times less than the 93 male recipients with that same degree.

Time to Complete

29%

100% Completion Time

29%

150% Completion Time

In 2022, 29% of students graduating from Ranken Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 29% completed their degrees within 150% of the normal time, and 43% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate/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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Ranken Technical College is Female and White (100% graduation rate). Across all Baccalaureate/Associates Colleges, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
538 degrees awarded
Black or African American
81 degrees awarded
Hispanic or Latino
28 degrees awarded

The most common race/ethnicity at Ranken Technical College is white (538 degrees awarded). There were 6.64 times more white recipients than the next closest race/ethnicity group, black or african american (81 degrees).

10.1% of degree recipients (76 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
509 degrees awarded
Black or African American Male
67 degrees awarded
White Female
29 degrees awarded

The most common race/ethnicity and sex grouping at Ranken Technical College is white male (509 degrees awarded). There were 7.6 times more white male recipients than the next closest race/ethnicity group, black or african american male (67 degrees).

Operations

Ranken Technical College has an endowment valued at nearly $74.4M, as of the end of the 2022 fiscal year. The return on its endowment was of −7.3M (−9.81%) compared to the 0.527% average return (72.1k on 13.7M) across all Baccalaureate/Associates Colleges.

In 2022, Ranken Technical College had a total salary expenditure of 39.5M. Ranken Technical College employs 106 Instructors. Most academics at Ranken Technical College are Male Instructor (100), and Female Instructor (6).

The most common positions for non-instructional staff at Ranken Technical College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 32 employees, Business and Financial Operations, with 20 employees, and Office and Administrative Support with 9 employees.

Endowment

$74.4M

2022 Endowment

16%

decline from 2021

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

Salary Expenditure

$13.8M

2022 Salaries

1.87%

decline from 2021

In 2022, Ranken Technical College paid a median of $13.8M in salaries, which represents 34.9% of their overall expenditure ($39.5M) and a 1.87% decline from the previous year. This is compared to a 5.26% growth between 2020 and 2021, and a 7.27% growth between 2019 and 2020.

The median for similar Baccalaureate/Associates Colleges is 13M (33.2% of overall expenditures).

Instructional Salaries

$7.19M

Instructional Salaries

106

Number of Employees

In 2022, Ranken Technical College paid a total of $7.19M to 106 employees working as instructors, which represents 52.1% of all salaries paid.

This is compared to a median of $3.45M (26.6%) for similar Baccalaureate/Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

106 Employees

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

Most Common Non-Instructional Employee

32 Employees

In 2022, the most common positions for instructional staff at Ranken Technical College was Instructor with 106 employees.

In 2022, the most common positions for non-instructional staff at Ranken Technical College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees, Business and Financial Operations with 20 employees, and Office and Administrative Support with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Instructor
Female Instructor

In 2022, the most common demographic for instructional staff at Ranken Technical College was Male Instructor with 100 employees, and Female Instructor with 6 employees.

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

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