by our College Data Analytics TeamHow many LBI first-year students return for their second year, and how many go on to graduate? Retention and graduation rates help you understand how students progress at LBI. First year retention shows who comes back, and graduation rates show who finishes and how long it takes.
The freshmen retention rate applies to first-time / full-time students who come back for their second year.
With 76% students making it past their freshmen year, LBI 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 Pennsylvania, the average is 73.24%.
| Retention Rate | |
|---|---|
| LBI | 76% |
| Nationwide | 70.57% |
| Pennsylvania | 73.24% |
How many of the estimated 234 students in the class of 2023 actually finished their degree in a timely fashion?
Four years after beginning their degree, 78% of those students had graduated. By 2025, six years after starting their degree, 78% of the students had graduated and after eight years 78% 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 LBI graduation rate 78%.
| Completion Within | Undergraduates | Percentage |
|---|---|---|
| Four Years | 234 | 78% |
| Six Years | 234 | 78% |
| Eight Years | 0 | 0% |
| Did Not Complete | 65 | 22% |
The non-completers rate is anyone who is not still enrolled at the institution after eight years. Both transfer students and drop-outs could be included in this group.
At this time we lack drop out information for Laurel Business Institute.
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 LBI are considered 'traditional students' who are first-time attending full-time.
Looking at the individual cohorts below may tell you more than the overall graduation rate alone.
First-time / full-time students at Laurel Business Institute represent 52.17% of the students in the class of 2023.
After six years, the LBI graduation rate was 74%, and by the eight year mark, 74% of the cohort had completed their degree.
Nationwide, the average graduation rate for this group is 37.92% after four years, 46.43% after six years, and 47.82% after eight years.
| Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 74% | 37.92% |
| Six Years | 74% | 46.43% |
| Eight Years | 74% | 47.82% |
41 first-time / full-time students or 26% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 41 who we assumed dropped out.
| Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 41 | 100.00% |
First-time / part-time students at Laurel Business Institute represent 12.37% of the students in the class of 2023.
After six years, the LBI graduation rate was 89%, and by the eight year mark, 89% of the cohort had completed their degree.
Nationwide, the average graduation rate for this group is 14.37% after four years, 21.59% after six years, and 23.72% after eight years.
| Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 89% | 14.37% |
| Six Years | 89% | 21.59% |
| Eight Years | 89% | 23.72% |
4 first-time / part-time students or 11% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 4 who we assumed dropped out.
| Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 4 | 100.00% |
Returning / full-time students at Laurel Business Institute represent 26.42% of the students in the class of 2023.
After six years, the LBI graduation rate was 76%, and by the eight year mark, 76% of the cohort had completed their degree.
Nationwide, the average graduation rate for this group is 53.83% after six years, and 55.07% after eight years.
| Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 0% | 49.57% |
| Six Years | 76% | 53.83% |
| Eight Years | 76% | 55.07% |
19 non first-time / part-time students or 24% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 19 who we assumed dropped out.
| Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 19 | 100.00% |
Returning / part-time students at Laurel Business Institute represent 9.03% of the students in the class of 2023.
After six years, the LBI graduation rate was 96%, and by the eight year mark, 96% of the cohort had completed their degree.
Nationwide, the average graduation rate for this group is 30.46% after four years, 36.03% after six years, and 37.80% after eight years.
| Completions | LBI | Nationwide |
|---|---|---|
| Four Years | 96% | 30.46% |
| Six Years | 96% | 36.03% |
| Eight Years | 96% | 37.80% |
1 non first-time / part-time students or 4% did not complete their degree within eight years.
Of those who did not finish:
0 are still enrolled.
0 transferred to another institution.
LBI lost contact with the remaining 1 who we assumed dropped out.
| Non-Completions | Undergraduates | Percentage |
|---|---|---|
| Still Enrolled | 0 | 0.00% |
| Transferred | 0 | 0.00% |
| Dropped Out | 1 | 100.00% |
