Lake Superior College

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2023 Undergraduate Tuition
$4,996
11% growth from 2022
2023 Average Net Price
$14,602
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
4,001
36.1% Full-Time
2023 Graduation Rate
38.2%
153 Graduates

About

Lake Superior College is a higher education institution located in St. Louis County, MN. In 2023, the most popular Associates Degree concentrations at Lake Superior College were Liberal Arts & Sciences (256 degrees awarded), Registered Nursing (106 degrees), and Physical Therapy Technician (28 degrees).

In 2023, 898 degrees were awarded across all undergraduate and graduate programs at Lake Superior College. 54.6% of these degrees were awarded to women, and 45.4% awarded men. The most common race/ethnicity group of degree recipients was white (758 degrees), 18 times more than then the next closest race/ethnicity group, hispanic or latino (42 degrees).

The median undergraduate tuition at Lake Superior College is $4,996, which is $−3,257 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Lake Superior College was 0%, corresponding to 0 out of the 991 total borrowers.

Costs

In 2023, the median undergraduate tuition at Lake Superior College is $4,996, which is $3,257 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $14,602.

In 2023, 45% of undergraduate students attending Lake Superior College received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Tuition Costs

$4,996
2023 Undergraduate Tuition

In 2023, the cost of tuition at Lake Superior College was $4,996. The cost of tuition at Lake Superior College is $−3,257 less than than the overall (public and private) national average for Associates Colleges ($8,253).

This chart compares the tuition costs of Lake Superior College (in red) with those of other similar universities.

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Average Net Price

$14,602
2023 Value
2.51%
1 Year Growth

In 2023 Lake Superior College had an average net price — the price paid after factoring in grants and loans — of $14,602. Between 2022 and 2023, the average net price of Lake Superior College grew by 2.51%.

This chart compares the average net price of Lake Superior College (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.

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Other Student Expenses

$8,629
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Lake Superior College was of $8,629 in 2023. The cost of room and board increased by 4.47% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lake Superior College (in red) with that of similar universities.

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Financial Aid by Income Level

45%
Undergraduates Receiving Financial Aid through Grants
22%
Undergraduates Receiving Financial Aid through Loans

45% of undergraduate students at Lake Superior College received financial aid through grants or loans in 2023. This represents a decline of 38.4% with respect to 2022, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Superior College (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Lake Superior College was 0%, which represents 0 out of the 991 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.

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Enrollment

Lake Superior College had a total enrollment of 4,001 students in 2023. The full-time enrollment at Lake Superior College is 1,445 students and the part-time enrollment is 2,556. This means that 36.1% of students enrolled at Lake Superior College are enrolled full-time.

The enrolled student population at Lake Superior College, both undergraduate and graduate, is 82.2% White, 4.55% Two or More Races, 3.52% Hispanic or Latino, 2.62% Black or African American, 1.57% Asian, 1.35% American Indian or Alaska Native, and 0.05% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Superior College in full-time Undergraduate programs are most commonly White Male (43.7%), followed by White Female (41.6%) and Two or More Races Female (2.18%).

Full-Time vs Part-Time Enrollment

36.1%
Full-Time Enrollment

The total enrollment at Lake Superior College in 2023, both undergraduate and graduate, is 4,001 students. The full-time enrollment at Lake Superior College is 1,445 and the part-time enrollment is 2,556. This means that 36.1% of students enrolled at Lake Superior College are enrolled full-time compared with 32.3% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Superior College (in red) compares to similar universities.

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Retention Rate over Time

65%
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 Lake Superior College was 65%. Compared with the full-time retention rate at similar Associates Colleges (64%), Lake Superior College had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Superior College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    3,287 enrolled students
  2. Two or More Races
    182 enrolled students
  3. Hispanic or Latino
    141 enrolled students

The enrolled student population at Lake Superior College is 82.2% White, 4.55% Two or More Races, 3.52% Hispanic or Latino, 2.62% Black or African American, 1.57% Asian, 1.35% American Indian or Alaska Native, and 0.05% Native Hawaiian or Other Pacific Islanders. 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, 138 students (3.45%) did not report their race.

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Graduates

In 2023, 82 more women than men received degrees from Lake Superior College. The most common race/ethnicity group of degree recipients at Lake Superior College is white (758 degrees awarded). There were 18 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

The most common Associates Degree concentration at Lake Superior College is Liberal Arts & Sciences (256 degrees awarded), followed by Registered Nursing (106 degrees) and Physical Therapy Technician (28 degrees).

In 2023,  the most specialized majors across all degree types at Lake Superior College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Construction (62 degrees awarded), Precision Production (40 degrees), and Liberal Arts & Humanities (256 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are Police officers (137,351 people), Other managers (106,621 people), Elementary & middle school teachers (80,613 people), Construction managers (52,877 people), and Software developers (46,820 people).

The most specialized majors at Lake Superior College in 2023 are Construction (62 degrees awarded), Precision Production (40 degrees), Liberal Arts & Humanities (256 degrees), Mechanical Technologies (50 degrees), and Engineering Technologies (39 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are Surgeons, Cardiovascular technologists and technicians, Skincare specialists, Broadcast announcers and radio disc jockeys, and Physicians

The most specialized majors at Lake Superior College are Construction (62 degrees awarded), Precision Production (40 degrees), Liberal Arts & Humanities (256 degrees), Mechanical Technologies (50 degrees), and Engineering Technologies (39 degrees) (as of 2023).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Superior College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,512,895 people), Elementary & secondary schools (331,839 people), Outpatient care centers (247,896 people), Offices of physicians (209,154 people), and Colleges, universities & professional schools, including junior colleges (171,496 people).

The most specialized majors at Lake Superior College are Construction (62 degrees awarded), Precision Production (40 degrees), Liberal Arts & Humanities (256 degrees), Mechanical Technologies (50 degrees), and Engineering Technologies (39 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Superior College.
Most Common (2023)
  1. 256 degrees awarded
  2. 106 degrees awarded
  3. 28 degrees awarded

In 2023, the most common associates degree concentration at Lake Superior College was Liberal Arts & Sciences with 256 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Lake Superior College according to their major.

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Sex Breakdown for Common Majors

408
Degrees Awarded to Men
in 2023
490
Degrees Awarded to Women
in 2023

In 2023, 408 degrees were awarded to men at Lake Superior College, which is 0.833 times less than the number of degrees awarded to females (490).

This chart displays the sex disparity between the top 5 majors at Lake Superior College by degrees awarded.

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Most Common Male Majors

In 2023, 102 degrees were awarded to men at Lake Superior College in Liberal Arts & Sciences, which is 0.662 times less than the 154 female recipients with that same degree.

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Most Common Female Majors

In 2023, 154 degrees were awarded to men at Lake Superior College in Liberal Arts & Sciences, which is 1.51 times more than the 102 male recipients with that same degree.

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Time to Complete

25%
100% Completion Time
34%
150% Completion Time

In 2023, 25% of students graduating from Lake Superior College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 34% completed their degrees within 150% of the normal time, and 35% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (54.5%)

The student demographic with the highest graduation rate in 2023 at Lake Superior College is Female and Hispanic or Latino (54.5% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    758 degrees awarded
  2. Hispanic or Latino
    42 degrees awarded
  3. Two or More Races
    37 degrees awarded

The most common race/ethnicity at Lake Superior College is white (758 degrees awarded). There were 18 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

1.34% of degree recipients (12 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    429 degrees awarded
  2. White Male
    329 degrees awarded
  3. Hispanic or Latino Male
    23 degrees awarded

The most common race/ethnicity and sex grouping at Lake Superior College is white female (429 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (329 degrees).

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Operations

Lake Superior College has an endowment valued at nearly $1.81M, as of the end of the 2023 fiscal year. The return on its endowment was of 323k (17.8%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Lake Superior College had a total salary expenditure of 40.3M. Lake Superior College employs 75 Instructors. Most academics at Lake Superior College are Female Instructor (38), and Male Instructor (37).

The most common positions for non-instructional staff at Lake Superior College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 28 employees, Office and Administrative Support, with 21 employees, and Service with 10 employees.

Endowment

$1.81M
2023 Endowment
121%
growth from 2022

Lake Superior College has an endowment valued at about $1.81M, as of the end of the 2023 fiscal year. The endowment of Lake Superior College grew 121% from the previous year. The value of their endowment was $3.99M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Superior College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Carnegie Classification grouping.

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Salary Expenditure

$18.7M
2023 Salaries
3.86%
growth from 2022

In 2023, Lake Superior College paid a median of $18.7M in salaries, which represents 46.3% of their overall expenditure ($40.3M) and a 3.86% growth from the previous year. This is compared to a 5.92% decline between 2021 and 2022, and a 7.19% decline between 2020 and 2021.

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

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Instructional Salaries

$5.55M
Instructional Salaries
75
Number of Employees

In 2023, Lake Superior College paid a total of $5.55M to 75 employees working as instructors, which represents 29.7% of all salaries paid.

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

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Occupations by Share

Instructor
Most Common Instructor
75 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
28 Employees

In 2023, the most common positions for instructional staff at Lake Superior College was Instructor with 75 employees.

In 2023, the most common positions for non-instructional staff at Lake Superior College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 28 employees, Office and Administrative Support with 21 employees, and Service with 10 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Instructor
  2. Male Instructor

In 2023, the most common demographic for instructional staff at Lake Superior College was Female Instructor with 38 employees, and Male Instructor with 37 employees.

This chart shows the sex split between each academic rank present at Lake Superior College.

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