Laredo College

www.laredo.edu

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2023 Undergraduate Tuition

$1,200

2023 Average Net Price

$5,053

After Financial Aid

2020 Default Rate

2.94%

on Student Loans

2023 Enrolled Students

10,191

35.1% Full-Time

2023 Graduation Rate

30.5%

288 Graduates

About

Laredo College is a higher education institution located in Webb County, TX. In 2023, the most popular Associates Degree concentrations at Laredo College were General Studies (918 degrees awarded), Registered Nursing (53 degrees), and Criminal Justice - Safety Studies (16 degrees).

In 2023, 1,913 degrees were awarded across all undergraduate and graduate programs at Laredo College. 56.1% of these degrees were awarded to women, and 43.9% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (1,866 degrees), 64.3 times more than then the next closest race/ethnicity group, white (29 degrees).

The median undergraduate tuition at Laredo College is $1,200, which is $−7,053 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at Laredo College was 2.94%, corresponding to 1 out of the 34 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Laredo College is $1,200, which is $7,053 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $5,053.

In 2023, 43% of undergraduate students attending Laredo College received financial aid through grants.

Tuition Costs

$1,200

2023 Undergraduate Tuition

In 2023, the cost of tuition at Laredo College was $1,200. The cost of tuition at Laredo College is $−7,053 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$5,053

2023 Value

18.8%

1 Year Growth

In 2023 Laredo College had an average net price — the price paid after factoring in grants and loans — of $5,053. Between 2022 and 2023, the average net price of Laredo College grew by 18.8%.

This chart compares the average net price of Laredo 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.

Other Student Expenses

$6,071

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at Laredo College was of $6,071 in 2023. The cost of room and board increased by 4.85% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,800. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

43%

Undergraduates Receiving Financial Aid through Grants

43% of undergraduate students at Laredo College received financial aid through grants or loans in 2023. This represents a decline of 50.6% with respect to 2022, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Laredo 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.

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.

2.94%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Laredo College was 2.94%, which represents 1 out of the 34 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.

Enrollment

Laredo College had a total enrollment of 10,191 students in 2023. The full-time enrollment at Laredo College is 3,582 students and the part-time enrollment is 6,609. This means that 35.1% of students enrolled at Laredo College are enrolled full-time.

The enrolled student population at Laredo College, both undergraduate and graduate, is 95.2% Hispanic or Latino, 2.43% White, 0.255% Asian, 0.108% Black or African American, and 0.0687% American Indian or Alaska Native.

Students enrolled at Laredo College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (56.4%), followed by Hispanic or Latino Male (39%) and White Female (1.09%).

Full-Time vs Part-Time Enrollment

35.1%

Full-Time Enrollment

The total enrollment at Laredo College in 2023, both undergraduate and graduate, is 10,191 students. The full-time enrollment at Laredo College is 3,582 and the part-time enrollment is 6,609. This means that 35.1% of students enrolled at Laredo 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 Laredo College (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
9,700 enrolled students
White
248 enrolled students
Asian
26 enrolled students

The enrolled student population at Laredo College is 95.2% Hispanic or Latino, 2.43% White, 0.255% Asian, 0.108% Black or African American, and 0.0687% American Indian or Alaska Native. 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, 193 students (1.89%) did not report their race.

Graduates

In 2023, 233 more women than men received degrees from Laredo College. The most common race/ethnicity group of degree recipients at Laredo College is hispanic or latino (1,866 degrees awarded). There were 64.3 times more hispanic or latino recipients than the next closest race/ethnicity group, white (29 degrees).

The most common Associates Degree concentration at Laredo College is General Studies (918 degrees awarded), followed by Registered Nursing (53 degrees) and Criminal Justice - Safety Studies (16 degrees).

In 2023, the most specialized majors across all degree types at Laredo College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (918 degrees awarded), Engineering Technologies (141 degrees), and Mechanical Technologies (144 degrees).

Common Jobs by Major

Police officers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Laredo 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 Laredo College in 2023 are Liberal Arts & Humanities (918 degrees awarded), Engineering Technologies (141 degrees), Mechanical Technologies (144 degrees), Precision Production (62 degrees), and Construction (46 degrees) (as of 2023).

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 Laredo College are Surgeons, Cardiovascular technologists and technicians, Physicians, Skincare specialists, and Photographic process workers & processing machine operators

The most specialized majors at Laredo College are Liberal Arts & Humanities (918 degrees awarded), Engineering Technologies (141 degrees), Mechanical Technologies (144 degrees), Precision Production (62 degrees), and Construction (46 degrees) (as of 2023).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Laredo College are Justice, public order, & safety activities (318,820 people), Elementary & secondary schools (173,356 people), Construction (138,340 people), Computer Systems Design (77,562 people), and Colleges, universities & professional schools, including junior colleges (68,506 people).

Majors Awarded

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

Most Common (2023)

General Studies
918 degrees awarded
Registered Nursing
53 degrees awarded
Criminal Justice - Safety Studies
16 degrees awarded

In 2023, the most common associates degree concentration at Laredo College was General Studies with 918 degrees awarded.

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

Sex Breakdown for Common Majors

840

Degrees Awarded to Men

in 2023

1,073

Degrees Awarded to Women

in 2023

In 2023, 840 degrees were awarded to men at Laredo College, which is 0.783 times less than the number of degrees awarded to females (1,073).

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

Most Common Male Majors

In 2023, 306 degrees were awarded to men at Laredo College in General Studies, which is 0.5 times less than the 612 female recipients with that same degree.

Most Common Female Majors

In 2023, 612 degrees were awarded to men at Laredo College in General Studies, which is 2 times more than the 306 male recipients with that same degree.

Time to Complete

15%

100% Completion Time

32%

150% Completion Time

In 2018, 15% of students graduating from Laredo College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 32% completed their degrees within 150% of the normal time, and 40% 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.

Hispanic or Latino Female

Highest Graduation Rate (33.6%)

The student demographic with the highest graduation rate in 2023 at Laredo College is Female and Hispanic or Latino (33.6% 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, 0.694% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Hispanic or Latino
1,866 degrees awarded
White
29 degrees awarded
Black or African American
3 degrees awarded

The most common race/ethnicity at Laredo College is hispanic or latino (1,866 degrees awarded). There were 64.3 times more hispanic or latino recipients than the next closest race/ethnicity group, white (29 degrees).

0.523% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Female
1,045 degrees awarded
Hispanic or Latino Male
821 degrees awarded
White Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Laredo College is hispanic or latino female (1,045 degrees awarded). There were 1.27 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (821 degrees).

Operations

Laredo College has an endowment valued at nearly $3.34M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.08M (122%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, Laredo College had a total salary expenditure of 93.7M. Laredo College employs 90 Professors, 34 Instructors and 17 Associate professors. Most academics at Laredo College are Male Professor (50), Female Professor (40), and Male Instructor (23).

The most common positions for non-instructional staff at Laredo College are: Office and Administrative Support, with 100 employees, Management, with 78 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 76 employees.

Endowment

$3.34M

2023 Endowment

0.437%

decline from 2022

Laredo College has an endowment valued at about $3.34M, as of the end of the 2023 fiscal year. The endowment of Laredo College declined 0.437% from the previous year. The value of their endowment was $2.46M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Laredo 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 Traditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$4.3M - Federal
$1.31M - State
$1.37M - Local

As of 2023, Laredo College received $4.3M in grants and contracts from the federal government, $1.31M from state grants and contracts, and $1.37M from local grants and contracts.

Salary Expenditure

$36.6M

2023 Salaries

3.32%

decline from 2022

In 2023, Laredo College paid a median of $36.6M in salaries, which represents 39.1% of their overall expenditure ($93.7M) and a 3.32% decline from the previous year. This is compared to a 10.9% growth between 2021 and 2022, and a 6.91% decline between 2020 and 2021.

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

Instructional Salaries

$11.3M

Instructional Salaries

156

Number of Employees

In 2023, Laredo College paid a total of $11.3M to 156 employees working as instructors, which represents 30.9% 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

90 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

100 Employees

In 2023, the most common positions for instructional staff at Laredo College were Professor with 90 employees, Instructor with 34 employees, and Associate professor with 17 employees.

In 2023, the most common positions for non-instructional staff at Laredo College were Office and Administrative Support with 100 employees, Management with 78 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 76 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Male Instructor

In 2023, the most common demographic for instructional staff at Laredo College was Male Professor with 50 employees, Female Professor with 40 employees, and Male Instructor with 23 employees.

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

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