Franklin Technology Center Adult Education (409120)

www.franklintechnologycenter.com

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2023 Average Net Price
$25,251
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
57
100% Full-Time

About

Franklin Technology Center Adult Education (409120) is a higher education institution located in Jasper County, MO. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Franklin Technology Center Adult Education (409120) were Licensed Practical & Vocational Nurse Training (28 degrees awarded) and Dental Assisting (4 degrees).

In 2023, 45 degrees were awarded across all undergraduate and graduate programs at Franklin Technology Center Adult Education (409120). 60% of these degrees were awarded to women, and 40% awarded men. The most common race/ethnicity group of degree recipients was white (33 degrees), 4.71 times more than then the next closest race/ethnicity group, hispanic or latino (7 degrees).

In 2020 the default rate for borrower's at Franklin Technology Center Adult Education (409120) was 0%, corresponding to 0 out of the 70 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $25,251.

In 2023, 69% of undergraduate students attending Franklin Technology Center Adult Education (409120) received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Average Net Price

$25,251
2023 Value
26.5%
1 Year Growth

In 2023 Franklin Technology Center Adult Education (409120) had an average net price — the price paid after factoring in grants and loans — of $25,251. Between 2022 and 2023, the average net price of Franklin Technology Center Adult Education (409120) grew by 26.5%.

This chart compares the average net price of Franklin Technology Center Adult Education (409120) (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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Financial Aid by Income Level

69%
Undergraduates Receiving Financial Aid through Grants
56%
Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Franklin Technology Center Adult Education (409120) received financial aid through grants or loans in 2023. This represents a growth of 13.1% with respect to 2022, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Franklin Technology Center Adult Education (409120) (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 Franklin Technology Center Adult Education (409120) was 0%, which represents 0 out of the 70 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

Franklin Technology Center Adult Education (409120) had a total enrollment of 57 students in 2023. The full-time enrollment at Franklin Technology Center Adult Education (409120) is 57 students and the part-time enrollment is 0. This means that 100% of students enrolled at Franklin Technology Center Adult Education (409120) are enrolled full-time.

The enrolled student population at Franklin Technology Center Adult Education (409120), both undergraduate and graduate, is 80.7% White, 8.77% Two or More Races, 3.51% Hispanic or Latino, 3.51% American Indian or Alaska Native, 1.75% Black or African American, and 1.75% Asian.

Students enrolled at Franklin Technology Center Adult Education (409120) in full-time Undergraduate programs are most commonly White Female (53.4%), followed by White Male (22.9%) and Hispanic or Latino Male (5.08%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Franklin Technology Center Adult Education (409120) in 2023, both undergraduate and graduate, is 57 students. The full-time enrollment at Franklin Technology Center Adult Education (409120) is 57 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Franklin Technology Center Adult Education (409120) (in red) compares to similar universities.

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Retention Rate over Time

74%
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 Franklin Technology Center Adult Education (409120) was 74%.

This chart shows the retention rate over time at Franklin Technology Center Adult Education (409120) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    46 enrolled students
  2. Two or More Races
    5 enrolled students
  3. Hispanic or Latino
    2 enrolled students

The enrolled student population at Franklin Technology Center Adult Education (409120) is 80.7% White, 8.77% Two or More Races, 3.51% Hispanic or Latino, 3.51% American Indian or Alaska Native, 1.75% Black or African American, and 1.75% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 9 more women than men received degrees from Franklin Technology Center Adult Education (409120). The most common race/ethnicity group of degree recipients at Franklin Technology Center Adult Education (409120) is white (33 degrees awarded). There were 4.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Franklin Technology Center Adult Education (409120) is Licensed Practical & Vocational Nurse Training (28 degrees awarded), followed by Dental Assisting (4 degrees).

In 2023,  the most specialized majors across all degree types at Franklin Technology Center Adult Education (409120), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (5 degrees awarded), Mechanical Technologies (8 degrees), and Health (32 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 Franklin Technology Center Adult Education (409120) are Registered nurses (1,452,497 people), Medical & health services managers (156,128 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at Franklin Technology Center Adult Education (409120) in 2023 are Precision Production (5 degrees awarded), Mechanical Technologies (8 degrees), and Health (32 degrees) (as of 2023).

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Highest Paying Jobs by Major

Surgeons
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Franklin Technology Center Adult Education (409120) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Franklin Technology Center Adult Education (409120) are Precision Production (5 degrees awarded), Mechanical Technologies (8 degrees), and Health (32 degrees) (as of 2023).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin Technology Center Adult Education (409120) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Franklin Technology Center Adult Education (409120) are Precision Production (5 degrees awarded), Mechanical Technologies (8 degrees), and Health (32 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 Franklin Technology Center Adult Education (409120).
Most Common (2023)
  1. Licensed Practical & Vocational Nurse Training
    28 degrees awarded
  2. Dental Assisting
    4 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Franklin Technology Center Adult Education (409120) was Licensed Practical & Vocational Nurse Training with 28 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Franklin Technology Center Adult Education (409120) according to their major.

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Sex Breakdown for Common Majors

18
Degrees Awarded to Men
in 2023
27
Degrees Awarded to Women
in 2023

In 2023, 18 degrees were awarded to men at Franklin Technology Center Adult Education (409120), which is 0.667 times less than the number of degrees awarded to females (27).

This chart displays the sex disparity between the top 5 majors at Franklin Technology Center Adult Education (409120) by degrees awarded.

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Most Common Male Majors

In 2023, 5 degrees were awarded to men at Franklin Technology Center Adult Education (409120) in Automobile Mechanics Technology. There were no female recipients with the same degree.

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Most Common Female Majors

In 2023, 23 degrees were awarded to men at Franklin Technology Center Adult Education (409120) in Licensed Practical & Vocational Nurse Training, which is 4.6 times more than the 5 male recipients with that same degree.

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Time to Complete

67%
100% Completion Time
67%
150% Completion Time

In 2023, 67% of students graduating from Franklin Technology Center Adult Education (409120) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% within 200%.

The following chart shows these completion rates over time compared to the average for the 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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Race & Ethnicity by Share

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

The most common race/ethnicity at Franklin Technology Center Adult Education (409120) is white (33 degrees awarded). There were 4.71 times more white recipients than the next closest race/ethnicity group, hispanic or latino (7 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    21 degrees awarded
  2. White Male
    12 degrees awarded
  3. Hispanic or Latino Male
    5 degrees awarded

The most common race/ethnicity and sex grouping at Franklin Technology Center Adult Education (409120) is white female (21 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (12 degrees).

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Operations

Salary Expenditure

$802k
2023 Salaries
8.53%
decline from 2022

In 2023, Franklin Technology Center Adult Education (409120) paid a median of $802k in salaries, a 8.53% decline from the previous year. This is compared to a 15.5% decline between 2021 and 2022, and a 15.4% growth between 2020 and 2021.

The median for similar is 668k (13.2% of overall expenditures).

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