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LIBI Graduation Rate & Retention Rates

30% 4-Year Graduation Rate
30% 6-Year Graduation Rate
31% Retention Rate

Long Island Business Institute 2023 Graduation & Retention Report

How long does it take to earn a degree at LIBI? Find out how many students return after their freshman year, how long it takes to graduate, and what happens to the students who don't.

LIBI Retention Rate

31% Freshmen Retention Rate
Below Average Retention Rate

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

With 31% students making it past their freshmen year, LIBI has freshmen retention rates similar to the national average.

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

When looking at just colleges and universities in New York, the average is 73.51%.

LIBI Retention  31 out of 100
0%
100%
New York Retention  74 out of 100
0%
100%
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Retention Rate
LIBI31%
Nationwide70.57%
New York73.51%
Low retention rates may be a signal that a lot of students plan on transferring after a year or two. Is that the case here?

LIBI Graduation Rates

30% 6-Year Graduation Rate
69.84% Transfer Rate

Of the 386 students in the class of 2015, how many completed their degree on time?

After four years 30% of the cohort graduated. After six years 30% had completed their degree, and 30% after eight years.

According to the National Center for Education Statistics, a student is considered to have graduated on time if they complete their degree within six years, making the official LIBI graduation rate 30%.

Four Year Graduation Rate  30%
0%
100%
Six Year Graduation Rate  30%
0%
100%
Eight Year Graduation Rate  30%
0%
100%

LIBI Graduation Rates vs. National Average

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Completion WithinUndergraduatesPercentage
Four Years37930%
Six Years38630%
Eight Years00%
Did Not Complete89470%
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.
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LIBI Drop Out Rate

Approximately 894 students or 70% of the cohort did not complete their degree within eight years.

What happened to the 894 students who did not complete their degree?

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Non-CompletionsUndergraduatesPercentage
Still Enrolled00.0%
Transferred894100.0%
Dropped Out00.0%

LIBI 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 LIBI 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 LIBI Graduation Rates

81% First-Time, Full-Time
30% 6-Year Grad Rate
Low Grad Rate

First-time / full-time students at Long Island Business Institute represent 81% of the students in the class of 2015, and 80.83% of LIBI bachelor's degree graduations.

With a four-year graduation rate of 30%, first-time students in the LIBI class of 2015 who attended classes full-time were less likely than average to graduate on time.

After six years, the LIBI graduation rate was 30%, and by the eight year mark, 30% 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.

Four Year Graduation Rate  30 out of 100
0%
100%
Six Year Graduation Rate  30 out of 100
0%
100%
Eight Year Graduation Rate  30 out of 100
0%
100%

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

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First-Time / Full-Time CompletionsLIBINationwide
Four Years30%37.92%
Six Years30%46.43%
Eight Years30%47.82%

First-Time / Full-Time LIBI Drop Out Rates

728 first-time / full-time students or 70% did not complete their degree within eight years.

Of those who did not finish:

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First-Time / Full-Time Non-CompletionsUndergraduatesPercentage
Still Enrolled00.00%
Transferred728100.00%
Dropped Out00.00%

First-Time / Part-Time Graduation Rates

1% First-Time, Part-Time
19% 6-Year Grad Rate
Low Grad Rate

First-time / part-time students at Long Island Business Institute represent 1.25% of the students in the class of 2015.

With a six-year graduation rate of 19%, first-time, part-time students in the LIBI class of 2015 who attended classes full-time were less likely than average to graduate on time.

After eight years, the graduation rate was 19%.

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.

Six Year Graduation Rate  19 out of 100
0%
100%
Eight Year Graduation Rate  19 out of 100
0%
100%

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

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First-Time / Part-Time CompletionsLIBINationwide
Four Years19%14.37%
Six Years19%21.59%
Eight Years19%23.72%

First-Time / Part-Time LIBI Drop Out Rates

13 first-time / part-time students or 81% did not complete their degree within eight years.

Of those who did not finish:

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First-Time / Part-Time Non-CompletionsUndergraduatesPercentage
Still Enrolled00.00%
Transferred13100.00%
Dropped Out00.00%

Non First-Time / Full-Time Students

14% Returning, Full-Time
31% 6-Year Grad Rate
Low Grad Rate

175 LIBI students were classified as full-time / not first-time. This represents 13.67% of the students in the class of 2015.

Non first-time students could include transfer students or adults who have returned to school after an absense.

With a six year graduation rate of 31%, returning students in the class of 2015 and attended classes full-time had a graduation rate lower than the national average for students in this category.

After eight years, the graduation rate was 31%.

Nationwide, the average graduation rate for non first-time undergraduates attending classes full-time is: 49.57% after four years, 53.83% after six years, and 55.07% after eight years.

Six Year Graduation Rate  31 out of 100
0%
100%
Eight Year Graduation Rate  31 out of 100
0%
100%

LIBI Non First-Time / Full-Time Graduation Rate vs. National Average

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Returning / Full-Time CompletionsLIBINationwide
Four Years0%49.57%
Six Years31%53.83%
Eight Years31%55.07%

Non First-Time / Full-Time LIBI Drop Out Rates

121 non first-time / part-time students or 69% did not complete their degree within eight years.

Of those who did not finish:

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First-Time / Part-Time Non-CompletionsUndergraduatesPercentage
Still Enrolled00.00%
Transferred121100.00%
Dropped Out00.00%

Non First-Time / Part-Time Graduation Rates

4% Returning, Part-Time
35% 6-Year Grad Rate
Good Grad Rate

49 LIBI students were classified as full-time / not first-time. This represents 3.83% of the students in the class of 2015.

With a six year graduation rate of 35%, returning students in the class of 2015 and attended classes full-time had a graduation rate similar to the national average.

After eight years, the graduation rate was 35%.

Nationwide, the average graduation rate for non first-time undergraduates attending classes part-time is: 36.03% after six years, 36.03% after eight years.

Six Year Graduation Rate  35 out of 100
0%
100%
Eight Year Graduation Rate  35 out of 100
0%
100%

LIBI Non First-Time / Part-Time Graduation Rate vs. National Average

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Returning / Part-Time CompletionsLIBINationwide
Four Years0%30.46%
Six Years35%36.03%
Eight Years35%37.80%

Non First-Time / Part-Time LIBI Drop Out Rates

32 non first-time / part-time students or 65% did not complete their degree within eight years.

Of those who did not finish:

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Returning / Part-Time Non-CompletionsUndergraduatesPercentage
Still Enrolled00.00%
Transferred32100.00%
Dropped Out00.00%

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