Virginia Career College Association Institutional Data Profiles: 2001-02

1. Virginia Career College Association Institutional Data Profiles: 2001-02 Presentation to the VCCA Board March 10, 2003 A. Fletcher Mangum Consulting

2. Study Outline • Provides data “snapshot” of VCCA institutions for the 2000-01 (completions) and 2001-02 (enrollment) academic years • Data drawn from U.S. Department of Education’s Integrated Postsecondary Education Data System (IPEDS) • 21 VCCA member institutions reported data to IPEDS for academic years 2000-01 and 2001-02

3. Study Outline • Enrollment data characteristics reported: • Fall headcount and FTE • Full-time/Part-time • Male/Female • Race/Ethnicity • Age distribution

4. Study Outline • Completion data characteristics reported: • Number of certificates, Associate’s and Baccalaureate degrees awarded • Male/Female • Race/Ethnicity • Graduates by program

5. Study Outline • Other data reported: • Institution characteristics • Student financial aid profile • Cost of attendance (tuition and books/supplies). • Total private career institution headcount and FTE for 2001-02 • Sales tax for books and supplies

6. Study Outline • Reporting Institutions: • Applied Career Training • Art Institute of Washington • Braxton School of Business • Bryant and Stratton College (Richmond and Virginia Beach) • Dominion College • ECPI (Richmond, Roanoke, and Virginia Beach) • Gibbs School • ITT Technical Institute (Norfolk and Richmond)

7. Study Outline • Reporting Institutions (cont.): • KEE Business College (Chesapeake and Newport News) • Miller-Motte Technical College • National College of Business and Technology (Salem) • Potomac Academy of Hair Design (Falls Church and Manassas) • Stratford University • TESST College of Technology • Virginia School of Massage

8. Findings Summary – Enrollment In 2001-02, reporting VCCA institutions enrolled: • 12,396 fall headcount students, and • 10,982 FTE students

9. Findings Summary – Enrollment 83% of fall headcount students attended full-time

10. Findings Summary – Enrollment 55% of fall headcount students were women

11. Findings Summary – Enrollment 52% of fall headcount students were minorities

12. Findings Summary – Enrollment 70% of fall headcount students were under 30 years of age

13. Findings Summary – Completions In 2000-01, reporting VCCA institutions awarded: • 2,568 certificates • 1,674 Associate’s degrees • 30 Baccalaureate degrees

14. Findings Summary – Completions 60% of graduates were women

15. Findings Summary – Completions 48% of graduates were minorities

16. Findings Summary – Completions Graduates by program: • Computer maintenance, electronic engineering, and robotics technology (1,171) • Computer sciences and support services (1,056) • Health professions and clinical services (1,027) • Business (632)

17. Findings Summary – Financial Aid • 47 percent of first-time freshmen received federal financial aid (avg. award $1,854) • 81 percent of first-time freshmen took out loans (avg. loan amount $4,689)

18. Findings Summary – Cost of Attendance • Average tuition $9,477 • Average cost of books and supplies $833 • Total expenditure on sales tax for books and supplies for all private career school students $637,000

19. Implications for the Future Between 1990 and 2000, Virginia private career institutions grew: • 14 times faster than public 4-yr. colleges and universities • 28 times faster than community colleges

20. Implications for the Future There are at least two reasons to believe this growth will continue: • Demographics • Program demand

21. Virginia Demographic Trends • Between 1995 and 2025 Virginia will experience the 8th highest net population increase in the nation

22. Virginia Demographic Trends (cont.) • Under 30 population drives 70% of VCCA enrollments • Between 2001 and 2010: • 18 to 24 yr. olds will increase by 107,334 (16%) • 25 to 29 yr. olds will increase by 50,331 (11%)

23. VCCA Program Demand VCCA institutions produce graduates that are in high demand: • 23% of VCCA graduates in 2000-01 obtained a degree that prepared them to become a Database Administrator • VA employment in that field is projected to increase by 160% between 1998 and 2008 • Annual salary $56,000

24. VCCA Program Demand (cont.) VCCA institutions produce graduates that are in high demand: • 25% of VCCA graduates in 2000-01 obtained a degree that prepared them to become an Electrical Engineering Technician • VA employment in that field is projected to increase by 25% between 1998 and 2008 • Annual salary $42,000

25. VCCA Program Demand (cont.) VCCA institutions produce graduates that are in high demand: • 15% of VCCA graduates in 2000-01 obtained a degree that prepared them to become a Medical Assistant • VA employment in that field is projected to increase by 65% between 1998 and 2008 • Annual salary $22,000

26. Conclusion • Because Virginia is projected to experience above average increases in net population, and • Because VCCA institutions specialize in preparing students to enter lucrative, rapidly expanding occupations, • It is reasonable to expect that the extraordinary growth VCCA institutions experienced over the last decade will continue into the next.

27. Virginia Career College Association Institutional Data Profiles: 2001-02 Presentation to the VCCA Board March 10, 2003 A. Fletcher Mangum Consulting