Taylor Business Institute

www.tbiil.edu

Add Comparison

2023 Undergraduate Tuition

$11,700

13% growth from 2022

2023 Average Net Price

$14,735

After Financial Aid

2020 Default Rate

12.8%

on Student Loans

2023 Acceptance Rate

89.3%

28 Applicants

2023 Enrolled Students

172

100% Full-Time

2023 Graduation Rate

67.6%

25 Graduates

About

Taylor Business Institute is a higher education institution located in Cook County, IL. In 2023, the most popular Associates Degree concentrations at Taylor Business Institute were Accounting Technology & Bookkeeping (9 degrees awarded), Health Information & Medical Records Technology (5 degrees), and Criminal Justice And Corrections, General (2 degrees).

In 2023, 16 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 68.8% of these degrees were awarded to women, and 31.3% awarded men. The most common race/ethnicity group of degree recipients was black or african american (4 degrees), 4 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Taylor Business Institute is $11,700, which is $3,447 more than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Taylor Business Institute was 12.8%, corresponding to 6 out of the 47 total borrowers.

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at Taylor Business Institute is $11,700, which is $3,447 more than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $14,735.

In 2023, 10% of undergraduate students attending Taylor Business Institute received financial aid through grants. Comparatively, 5% of undergraduate students received financial aid through loans.

Tuition Costs

$11,700

2023 Undergraduate Tuition

In 2023, the cost of tuition at Taylor Business Institute was $11,700. The cost of tuition at Taylor Business Institute is $3,447 more than than the overall (public and private) national average for Associates Colleges ($8,253).

This chart compares the tuition costs of Taylor Business Institute (in red) with those of other similar universities.

Average Net Price

$14,735

2023 Value

8.73%

1 Year Growth

In 2023 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $14,735. Between 2022 and 2023, the average net price of Taylor Business Institute grew by 8.73%.

This chart compares the average net price of Taylor Business Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$7,500

Room and Board

$250

Books and Supplies

The average yearly cost of room and board at Taylor Business Institute was of $7,500 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $250. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Taylor Business Institute (in red) with that of similar universities.

Financial Aid by Income Level

10%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

10% of undergraduate students at Taylor Business Institute received financial aid through grants or loans in 2023. This represents a decline of 23.1% with respect to 2022, when 13% of undergraduate students received financial aid.

This chart compares the average award discount at Taylor Business Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

12.8%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Taylor Business Institute was 12.8%, which represents 6 out of the 47 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Taylor Business Institute received 28 undergraduate applications in 2023, which represents a 17.6% annual growth. Out of those 28 applicants, 25 students were accepted for enrollment, representing a 89.3% acceptance rate.

There were 172 students enrolled at Taylor Business Institute in 2023.

Taylor Business Institute has an overall enrollment yield of 88%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.3%

Acceptance Rate in 2023

Accepted Out of 28

In 2023, the undergraduate acceptance rate of Taylor Business Institute was 89.3% (25 admissions from 28 applications). This is higher than the acceptance rate of 2022, which was 79.4%. Between 2022 and 2023, the number of applicants declined by 17.6%, while admissions declined by 7.41%.

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

N/A% of enrolled first-time students at Taylor Business Institute in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Taylor Business Institute had a total enrollment of 172 students in 2023. The full-time enrollment at Taylor Business Institute is 172 students and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time.

The enrolled student population at Taylor Business Institute, both undergraduate and graduate, is 4.65% Black or African American and 1.16% Hispanic or Latino.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are most commonly Black or African American Female (6.63%), followed by Black or African American Male (1.73%) and Hispanic or Latino Female (0.865%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Taylor Business Institute in 2023, both undergraduate and graduate, is 172 students. The full-time enrollment at Taylor Business Institute is 172 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 32.3% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Taylor Business Institute (in red) compares to similar universities.

Retention Rate over Time

67%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Taylor Business Institute was 67%. Compared with the full-time retention rate at similar Associates Colleges (64%), Taylor Business Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Taylor Business Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
8 enrolled students
Hispanic or Latino
2 enrolled students

The enrolled student population at Taylor Business Institute is 4.65% Black or African American and 1.16% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.7% White, 28.7% Hispanic or Latino, and 12.6% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2023, 6 more women than men received degrees from Taylor Business Institute. The most common race/ethnicity group of degree recipients at Taylor Business Institute is black or african american (4 degrees awarded). There were 4 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

The most common Associates Degree concentration at Taylor Business Institute is Accounting Technology & Bookkeeping (9 degrees awarded), followed by Health Information & Medical Records Technology (5 degrees) and Criminal Justice And Corrections, General (2 degrees).

In 2023, the most specialized majors across all degree types at Taylor Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (2 degrees awarded), Business (9 degrees), and Health (5 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are Registered nurses (1,546,368 people), Accountants & auditors (1,029,030 people), Other managers (825,672 people), Financial managers (525,722 people), and Chief executives & legislators (417,066 people).

The most specialized majors at Taylor Business Institute in 2023 are Protective Services (2 degrees awarded), Business (9 degrees), Health (5 degrees), and Engineering Technologies (0 degrees) (as of 2023).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are Cardiovascular technologists and technicians, Surgeons, Physicians, Photographic process workers & processing machine operators, and Magnetic resonance imaging technologists

The most specialized majors at Taylor Business Institute are Protective Services (2 degrees awarded), Business (9 degrees), Health (5 degrees), and Engineering Technologies (0 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Taylor Business Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,805,468 people), Elementary & secondary schools (721,401 people), Computer Systems Design (563,192 people), Justice, public order, & safety activities (500,757 people), and Banking & related activities (496,073 people).

The most specialized majors at Taylor Business Institute are Protective Services (2 degrees awarded), Business (9 degrees), Health (5 degrees), and Engineering Technologies (0 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Taylor Business Institute.

Most Common (2023)

Accounting Technology & Bookkeeping
9 degrees awarded
Health Information & Medical Records Technology
5 degrees awarded
Criminal Justice And Corrections, General
2 degrees awarded

In 2023, the most common associates degree concentration at Taylor Business Institute was Accounting Technology & Bookkeeping with 9 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Taylor Business Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 5 degrees were awarded to men at Taylor Business Institute, which is 0.455 times less than the number of degrees awarded to females (11).

This chart displays the sex disparity between the top 5 majors at Taylor Business Institute by degrees awarded.

Most Common Male Majors

In 2023, 5 degrees were awarded to men at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 1.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 5 degrees were awarded to women at Taylor Business Institute in Health Information & Medical Records Technology. There were no male recipients with the same degree.

Time to Complete

56%

100% Completion Time

56%

150% Completion Time

In 2023, 56% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Taylor Business Institute is Female and Black or African American (100% graduation rate). Across all Associates Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
4 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Taylor Business Institute is black or african american (4 degrees awarded). There were 4 times more black or african american recipients than the next closest race/ethnicity group, asian (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
4 degrees awarded
Asian Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Taylor Business Institute is black or african american female (4 degrees awarded). There were 4 times more black or african american female recipients than the next closest race/ethnicity group, asian male (1 degrees).

Operations

Taylor Business Institute employs 5 Professors. Most academics at Taylor Business Institute are Male Professor (4), and Female Professor (1).

The most common positions for non-instructional staff at Taylor Business Institute are: Office and Administrative Support, with 4 employees, Management, with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Salary Expenditure

$674k

2023 Salaries

8.79%

growth from 2022

In 2023, Taylor Business Institute paid a median of $674k in salaries, a 8.79% growth from the previous year. This is compared to a 0.42% growth between 2021 and 2022, and a 22.4% decline between 2020 and 2021.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$214k

Instructional Salaries

Number of Employees

In 2023, Taylor Business Institute paid a total of $214k to 5 employees working as instructors, which represents 31.7% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Professor

Most Common Instructor

5 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

4 Employees

In 2023, the most common positions for instructional staff at Taylor Business Institute was Professor with 5 employees.

In 2023, the most common positions for non-instructional staff at Taylor Business Institute were Office and Administrative Support with 4 employees, Management with 3 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor

In 2023, the most common demographic for instructional staff at Taylor Business Institute was Male Professor with 4 employees, and Female Professor with 1 employees.

This chart shows the sex split between each academic rank present at Taylor Business Institute.

Keep Exploring

Georgia State University-Perimeter College (244437)

University

University of Wisconsin Colleges

University

University of Arkansas Community College-Morrilton

University

Instituto Tecnologico de Puerto Rico-Recinto de Ponce

University

Instituto Tecnologico de Puerto Rico-Recinto de San Juan

University