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Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Dissecting the End: Factors that Explain Differences in.

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Presentation on theme: "Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Dissecting the End: Factors that Explain Differences in."— Presentation transcript:

1 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Dissecting the End: Factors that Explain Differences in Time to Degree and Debt at Graduation Jonathan Compton, Greg Forbes, Kate Ralston, Darin Wohlgemuth Enrollment Research Team Iowa State University November 11, 2013 AACRAO - SEM Chicago, IL

2 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Enrollment Research Team @ ISU Darin Wohlgemuth, Interim Director of Admissions, & Director of Enrollment Research Jonathan Compton, Registrar’s Office Greg Forbes, Student Financial Aid Kate Ralston, Office of Admissions Julia Sullivan, Student Financial Aid

3 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Enrollment Research Team @ ISU

4 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Established 1858 Land grant, research-intensive institution with extension service Seven colleges with undergraduate, graduate and professional programs Fall 2012 - 8,780 FTE Employees –1,694 Faculty, 2,515 P&S, 1,408 Merit, 2,934 Students FY2013 Budget - $1,214M Total Revenues –$580M General Fund –$318M Tuition Revenue and $222M State Appropriations A little bit about Iowa State…

5 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Enrollment at Iowa State University Records set this year!Fall 2013Fall 2012 –Total Enrollment 33,24131,040 –Undergraduates 27,659 25,553 –New Direct from High School6,0895,366 –New Transfers2,014 1,851 –Minority + International 7,486 6,765 –Record FAFSAs received –Record Financial Aid dollars disbursed

6 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Freshman Admissions Requirements Regent Admissions Index (≥ 245 Guaranteed) 5 x Core Courses + 2 x ACT + HS Percentile Rank + 20 x HS GPA 15,204 Domestic Freshman Apps 90% Offered Admission 42% Yield

7 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Overview Graduation Rates and Time to Degree Methodology Factors & Data Cross Tabs & Analysis of Variance Regression Analysis Path Analysis Implications

8 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Survey What is your 4-yr Graduation Rate? What is your 6-yr Grad Rate? What is your 5-yr Grad Rate?

9 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Time to Degree National & local interest in increasing 4-year graduation rates President’s College Affordability Plan –U.S. Dept. of Education proposes using indicators to rate colleges (e.g. FTFT graduation rates) Performance based state funding Rankings: U.S. News & World Report

10 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Retention & Graduation Rates

11 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Research Questions What factors drive time to degree at Iowa State? Do the same factors impact debt upon graduation? Does increased time to degree lead to higher loan debt upon graduation?

12 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Methodology Define the Population Data set up & gathering Analysis Implications

13 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 What is the population? Retention –Entry cohort looking forward Graduation –Entry cohort looking forward Time to Degree Analysis –Graduates looking backwards (Survivors)

14 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 What is the population? Undergraduate First Time Freshman Admitted between 2000 and 2005 Graduated within 8 years

15 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Factors What factors cause students to extend their time to graduation? Debt? Demographic, Academic, Experiential, Financial DemographicsAcademicExperientialFinancial GenderHS Class RankStudy AbroadBorrowing MinorityACT/SATInternshipsFinancial Need ResidencyEarly CreditsMinorPell Eligibility 1 st Term GPALearning Community Scholars Award Program 1 st Term CreditsSTEM MajorHigh Ability Scholarship Changing MajorCollege Choice Failed CoursesDouble Major Dropped CoursesDouble Degree 5 Yr Programs

16 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 What data do you need? And, where do you get it? Graduation record Grades & Courses Enrollment behavior Demographics Academic characteristics Experiential Soci-economic status Financial aid package  Registrar  Registrar / Admissions  Admissions  Program coordinators  Fin Aid / Admissions  Financial Aid

17 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs It appears that Debt is impacted by Time to Degree, but what impacts Time to Degree?

18 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs Student success in individual courses appears to have an impact on Time to Degree

19 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs Student success in individual courses appears to have an impact on Time to Degree

20 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs Major Choice and Major Changes appear to have an impact on Time to Degree

21 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs Major Choice and Major Changes appear to have an impact on Time to Degree

22 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Death by Cross tabs Does Financial Need have an impact on Time to Degree? How do you know? Analysis of Variance (ANOVA)

23 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Analysis of Variance (One Way ANOVA) *Significance between groups calculated on graduating within four years using oneway anova with the Scheffe adjustment.

24 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Factors that Extend Time to Degree

25 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Influence of Multiple Variables Internship participation and majoring in a STEM field impact time to degree. How much influence does each of these have individually? Lets take this to the next level, Regression

26 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Multiple Regression Analysis Time to degree Determine influence of each variable Holds other factors constant Shows what is and is not important Useful in predicting time to degree

27 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Demographics) What does this mean for a Domestic Female Non-minority student from Out of State?

28 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Academics)

29 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Experiences)

30 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (College Choice)

31 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Financial)

32 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Debt Upon Graduation

33 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time 2 Degree v. Debt

34 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Interaction of Independent Variables Both variables impact Time to Degree, but is their a relationship between the variables that may impact the analysis?

35 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Interaction of Independent Variables A relationship appears to exist, how do we account for this influence? Path Analysis

36 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Path Model

37 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Model Fit

38 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Meaningful coefficients

39 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Meaningful coefficients

40 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Meaningful coefficients

41 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Meaningful coefficients

42 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 So now what? Value added as part of education… Balance between time to degree and value added opportunities Performance based funding Curriculum construction Student advising

43 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Data on placement rates by coop-internships Internship ParticipationPlacement at Graduation Co-op (2 internships with same company) 80% Fall/Spring term internship 75% Summer internship 70% No experiential education 53% Overall placement 6 months after graduation 95% Data based on ECS review of 7,000 engineering graduates “Graduates that don’t have an experiential work experience on their resume have fewer employment opportunities and have to work a lot harder to connect with an employer willing to give them a chance.” – ISU Engineering Career Services

44 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Taking This Home How might you use the results? Who on your campus has the necessary data? Who has the skills and tools? Who on your campus is interested? Who needs to be interested?

45 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Comments & Questions Contact Information Jonathan: jcompton@iastate.edu Greg: grforbes@iastate.edu Kate: kroha@iastate.edu Darin: darinw@iastate.edu Thank you for attending this morning!

46 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Additional Slides -Regression Detail (T2D) Other?

47 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to Degree FactorVariableCoef.P>|t| Demographi cs Female-0.16460 Minority0.03160.23 NonRes-0.02320.04 Intl-0.06520.44 Academics HS Rank-0.00610.00 ACT score0.00070.64 Early Credits-0.01310 First term GPA0.00390.63 First term Credits-0.02580 F grades0.16840 Dropped Classes0.06440 Major Change0.08540 Enrolled College College 1Held Out College 2-0.03570.03 College 30.11990 College 40.24210 College 5-0.11180 College 60.02910.06 FactorVariableCoef.P>|t| Experiential 140+ Credit Program0.83920 STEM0.10620 Coop/Internship0.25170 Study Abroad0.10670 Learning Community0.01870.04 Minor0.06980 Double Degree0.46860 Double Major0.14320 Financial Debt at graduation0.00000 Financial Need0.00000 Pell Elig0.05250 Award Program G-0.02460.51 Award Program M0.00450.91 Strategic Award-0.02710.03

48 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Demographics) Coef.Std. Err.tP>|t|Beta Female-0.16460.0096-17.220-0.1139 Minority0.03160.02631.20.2290.0113 Nonresident-0.02320.0113-2.050.04-0.0136 Intl-0.06520.0848-0.770.442-0.0044

49 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Academics) Coef.Std. Err.tP>|t|Beta HS Rank-0.00610.0019-3.220.001-0.1399 ACT score0.00070.00140.470.6370.0037 Early Credits-0.01310.0005-24.660-0.1474 First term GPA0.00390.00810.480.6330.0037 First term Credits-0.02580.0024-10.570-0.0645 F grades0.16840.003251.9300.4530 Dropped Classes0.06440.002822.7400.1496 Major Change0.08540.005116.8900.1073

50 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Experiences) Coef.Std. Err.tP>|t|Beta 140+ Credit Program0.83920.030027.9600.1792 STEM0.10620.01347.900.0736 Coop / Internship0.25170.007732.8300.1968 Study Abroad0.10670.01288.3500.0507 Learning Community0.01870.00912.040.0410.0129 Minor0.06980.00967.2900.0428 Double Degree0.46860.026117.9700.1033 Double Major0.14320.013210.8300.0637

51 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (College Choice) Coef.Std. Err.tP>|t|Beta Liberal Arts & Sciences Held Out Ag & Life Sciences-0.03570.0167-2.140.033-0.0153 Design0.11990.01697.0800.0508 Engineering0.24210.014516.7300.1505 Human Sciences-0.11180.0171-6.550-0.0428 Business0.02910.01531.90.0570.0129

52 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Financial) Coef.Std. Err.tP>|t|Beta Debt at graduation0.0000 14.6300.0943 Financial Need0.0000 -5.130-0.0444 Pell Elig0.05250.01493.5300.0291 Award Program G-0.02460.0375-0.660.512-0.0053 Award Program M0.00450.03800.120.9050.0009 Strategic Award-0.02710.0121-2.240.025-0.0183

53 Enrollment Research Team AACRAO-SEM Nov. 2013 Chicago Compton, Forbes, Ralston, Wohlgemuth, 2013 Regression Analysis – Time to degree (Demographics) Coef.P>|t| Female-0.16460 Minority0.03160.23 Nonresident-0.02320.04 International-0.06520.44 Constant3.9672 What does this mean for a Domestic Female Non-minority student from Out of State?

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