LATI Graduation Rate & Retention Rates

Lake Area Technical Institute 2023 Graduation & Retention Report

Make an informed decision about your education by understanding LATI retention and graduation rates. First year retention rates let you know how many first-time, full-time students students come back for their second year. Graduation rates tell you how many students complete their degree and how long it takes.

• LATI Retention Rate
• LATI Graduation Rate
  • First Time Undergrads Attending Full Time
  • First Time Undergrads Attending Part Time
  • Non-First Time Undergrads Attending Full Time
  • Non-First Time Undergrads Attending Part Time
• LATI Drop Out Rate
• Methodology & References

LATI Retention Rate

The freshmen retention rate applies to first-time / full-time students who come back for their second year.

With 82% students making it past their freshmen year, LATI has freshmen retention rates above the national average.

Nationwide, the average first to second year retention rate is 70.57%.

When looking at just colleges and universities in South Dakota, the average is 75.05%.

LATI Graduation Rates

There were approximately 542 students in the class of 2015. How many of them actually completed their degree in a timely fashion?

Four years after beginning their degree, 74% of those students had graduated. By 2017, six years after starting their degree, 73% of the students had graduated and after eight years 73% of this class completed their degree.

Any student who completes their bachelor's degree within six years is considered to have graduated on time, according to the National Center for Education Statistics. This makes the offical LATI graduation rate 73%.

LATI Graduation Rates vs. National Average

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LATI Drop Out Rate

Approximately 202 students or 27% of the cohort did not complete their degree within eight years.

What happened to the 202 students who did not complete their degree?

• 0 are still enrolled.

• 65 transferred to another institution.

• LATI lost contact with the remaining 135 who we assumed dropped out.

LATI Graduation Rates by Race/Ethnicity

Some Students Take More Time To Graduate

First-time, full-time students under the age of 25 are much more likely to graduate in four years. Some schools cater to mostly traditional students while others cater to 'non-traditional' students. So called 'non-traditional' students include part-time students or those who may be returning after an absense. It is common for part-time and/or adult students to take longer to graduate.

Traditional Students:

First-time, full-time students under the age of 25.

Non-Traditional Students:

Any student that is not first-time, full-time, and under the age of 25.

The majority of students at LATI are considered 'traditional students' who are first-time attending full-time.

Examining the graduation rates of the specific cohorts shown below may be more revealing than looking at the overall graduaton rates.

First-Time / Full-Time LATI Graduation Rates

First-time / full-time students at Lake Area Technical Institute represent 92% of the students in the class of 2015, and 94.83% of LATI bachelor's degree graduations.

With a four-year graduation rate of 74%, first-time students in the LATI class of 2015 who attended classes full-time were more likely than average to graduate on time.

After six years, the LATI graduation rate was 75%, and by the eight year mark, 75% of the cohort had completed their degree.

Nationwide, the average graduation rate for first-time undergraduates attending classes full-time is 37.92% after four years, 46.43% after six years, and 47.82% after eight years.

LATI First-Time / Full-Time Graduation Rate vs. National Average

First-Time / Full-Time LATI Drop Out Rates

171 first-time / full-time students or 25% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 57 transferred to another institution.

• LATI lost contact with the remaining 112 who we assumed dropped out.

First-Time / Part-Time Graduation Rates

First-time / part-time students at Lake Area Technical Institute represent 7.93% of the students in the class of 2015.

With a six-year graduation rate of 47%, first-time, part-time students in the LATI class of 2015 who attended classes full-time were more likely than average to graduate on time.

After eight years, the graduation rate was 47%.

Nationwide, the average graduation rate for first-time undergraduates attending classes part-time is: 14.37% after four years, 21.59% after six years, 23.72% after eight years.

First-Time / Part-Time LATI Graduation Rates vs. National Average

First-Time / Part-Time LATI Drop Out Rates

31 first-time / part-time students or 53% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 8 transferred to another institution.

• LATI lost contact with the remaining 23 who we assumed dropped out.

Non First-Time / Full-Time Students

Non First-Time / Part-Time Graduation Rates

Unfortunately, we don’t have access to data on LATI returning, part-time students.

More Resources:

• An Explanation of Freshman Retention Rates.

• How Common is it to Transfer to a Different College?

• Are Non-Traditional Students Less Likely to Graduate?

• How Many People Drop-Out of College?

• How Average Time to Graduate Can Affect the Value of Your Degree.

References

• National Center for Education Statistics