SRC Graduation Rate & Retention Rates

Spoon River College 2023 Graduation & Retention Report

How many SRC 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 SRC. First year retention shows who comes back, and graduation rates show who finishes and how long it takes.

• SRC Retention Rate
• SRC 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
• SRC Drop Out Rate
• Methodology & References

SRC Retention Rate

Freshmen retention rate refers to the percentage of first-time / full-time students who return for their second year.

With 66% students making it past their freshmen year, SRC has freshmen retention rates below the national average.

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

When looking at just colleges and universities in Illinois, the average is 72.64%.

SRC Graduation Rates

How many of the estimated 155 students in the class of 2023 actually finished their degree in a timely fashion?

Four years after beginning their degree, 37% of those students had graduated. By 2025, six years after starting their degree, 37% of the students had graduated and after eight years 38% 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 SRC graduation rate 37%.

SRC Graduation Rates vs. National Average

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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SRC Drop Out Rate

Approximately 258 students or 62% of the cohort did not complete their degree within eight years.

What happened to the 258 students who did not complete their degree?

• 0 are still enrolled.

• 165 transferred to another institution.

• SRC lost contact with the remaining 92 who we assumed dropped out.

SRC Graduation Rates by Race/EthnicityAt this time we lack graduation rate by race information for Spoon River College.

Some Students Take More Time To Graduate

Traditional first-time, full-time students under 25 tend to graduate in four years far more often than other students. Some schools serve mostly traditional students while others serve more 'non-traditional' students — part-timers or those returning after time away — who commonly take longer to finish.

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 SRC 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 SRC Graduation Rates

First-time / full-time students at Spoon River College represent 58.37% of the students in the class of 2023.

After six years, the SRC graduation rate was 35%, and by the eight year mark, 36% 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.

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

First-Time / Full-Time SRC Drop Out Rates

156 first-time / full-time students or 64% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 98 transferred to another institution.

• SRC lost contact with the remaining 58 who we assumed dropped out.

First-Time / Part-Time Graduation Rates

First-time / part-time students at Spoon River College represent 26.32% of the students in the class of 2023.

After six years, the SRC graduation rate was 45%, and by the eight year mark, 48% 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.

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

First-Time / Part-Time SRC Drop Out Rates

57 first-time / part-time students or 52% did not complete their degree within eight years.

Of those who did not finish:

• 1 are still enrolled.

• 33 transferred to another institution.

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

Non First-Time / Full-Time Students

Returning / full-time students at Spoon River College represent 10.05% of the students in the class of 2023.

After six years, the SRC graduation rate was 36%, and by the eight year mark, 36% 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.

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

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

27 non first-time / part-time students or 64% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 19 transferred to another institution.

• SRC lost contact with the remaining 8 who we assumed dropped out.

Non First-Time / Part-Time Graduation Rates

Returning / part-time students at Spoon River College represent 5.26% of the students in the class of 2023.

After six years, the SRC graduation rate was 18%, and by the eight year mark, 18% 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.

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

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

18 non first-time / part-time students or 82% did not complete their degree within eight years.

Of those who did not finish:

• 0 are still enrolled.

• 15 transferred to another institution.

• SRC lost contact with the remaining 3 who we assumed dropped out.

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