Ranken Technical College

www.ranken.edu

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2023 Undergraduate Tuition

$16,200

3.05% growth from 2022

2023 Average Net Price

$16,136

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

1,696

73.6% Full-Time

2023 Graduation Rate

18.2%

2 Graduates

About

Ranken Technical College is a higher education institution located in St. Louis city, MO. In 2023, the most popular Associates Degree concentrations at Ranken Technical College were Industrial Electronics Technology (101 degrees awarded), Computer Engineering Technology (95 degrees), and Automobile Mechanics Technology (46 degrees).

In 2023, 759 degrees were awarded across all undergraduate and graduate programs at Ranken Technical College. 7.11% of these degrees were awarded to women, and 92.9% awarded men. The most common race/ethnicity group of degree recipients was white (537 degrees), 4.63 times more than then the next closest race/ethnicity group, black or african american (116 degrees).

The median undergraduate tuition at Ranken Technical College is $16,200, which is $4,009 more than the national average for Baccalaureate/Associates Colleges ($12,192).

In 2020 the default rate for borrower's at Ranken Technical College was 0%, corresponding to 0 out of the 753 total borrowers.

Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Baccalaureate/Associates Colleges

Costs

In 2023, the median undergraduate tuition at Ranken Technical College is $16,200, which is $4,009 more than the national average for Baccalaureate/Associates Colleges ($12,192).

After taking grants and loans into account, the average net price for students is $16,136.

In 2023, 60% of undergraduate students attending Ranken Technical College received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Tuition Costs

$16,200

2023 Undergraduate Tuition

In 2023, the cost of tuition at Ranken Technical College was $16,200. The cost of tuition at Ranken Technical College is $4,009 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,192).

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

Average Net Price

$16,136

2023 Value

4.53%

1 Year Growth

In 2023 Ranken Technical College had an average net price — the price paid after factoring in grants and loans — of $16,136. Between 2022 and 2023, the average net price of Ranken Technical College grew by 4.53%.

This chart compares the average net price of Ranken Technical 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

$10,149

Room and Board

$2,500

Books and Supplies

The average yearly cost of room and board at Ranken Technical College was of $10,149 in 2023. The cost of room and board increased by 4.74% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $2,500. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

61%

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at Ranken Technical College received financial aid through grants or loans in 2023. This represents a growth of 3.45% with respect to 2022, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Ranken Technical 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Ranken Technical College was 0%, which represents 0 out of the 753 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

Ranken Technical College had a total enrollment of 1,696 students in 2023. The full-time enrollment at Ranken Technical College is 1,248 students and the part-time enrollment is 448. This means that 73.6% of students enrolled at Ranken Technical College are enrolled full-time.

The enrolled student population at Ranken Technical College, both undergraduate and graduate, is 63.6% White, 20.8% Black or African American, 4.07% Hispanic or Latino, 2.36% Two or More Races, 1.83% Asian, 0.767% American Indian or Alaska Native, and 0.177% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ranken Technical College in full-time Undergraduate programs are most commonly White Male (64.5%), followed by Black or African American Male (13.5%) and White Female (5.04%).

Full-Time vs Part-Time Enrollment

73.6%

Full-Time Enrollment

The total enrollment at Ranken Technical College in 2023, both undergraduate and graduate, is 1,696 students. The full-time enrollment at Ranken Technical College is 1,248 and the part-time enrollment is 448. This means that 73.6% of students enrolled at Ranken Technical College are enrolled full-time compared with 44% at similar Baccalaureate/Associates Colleges.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,079 enrolled students
Black or African American
352 enrolled students
Hispanic or Latino
69 enrolled students

The enrolled student population at Ranken Technical College is 63.6% White, 20.8% Black or African American, 4.07% Hispanic or Latino, 2.36% Two or More Races, 1.83% Asian, 0.767% American Indian or Alaska Native, and 0.177% 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 Baccalaureate/Associates Colleges is 42.4% White, 27.4% Hispanic or Latino, and 13.9% 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, 108 students (6.37%) did not report their race.

Graduates

In 2023, 651 fewer women than men received degrees from Ranken Technical College. The most common race/ethnicity group of degree recipients at Ranken Technical College is white (537 degrees awarded). There were 4.63 times more white recipients than the next closest race/ethnicity group, black or african american (116 degrees).

The most common Associates Degree concentration at Ranken Technical College is Industrial Electronics Technology (101 degrees awarded), followed by Computer Engineering Technology (95 degrees) and Automobile Mechanics Technology (46 degrees).

In 2023, the most specialized majors across all degree types at Ranken Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (260 degrees awarded), Mechanical Technologies (313 degrees), and Construction (96 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Ranken Technical College are Software developers (610,834 people), Other managers (153,014 people), Computer occupations, all other (124,637 people), Computer & information systems managers (115,914 people), and Architects, except landscape and naval (112,748 people).

The most specialized majors at Ranken Technical College in 2023 are Engineering Technologies (260 degrees awarded), Mechanical Technologies (313 degrees), Construction (96 degrees), Precision Production (60 degrees), and Architecture and Related Services (6 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 Ranken Technical College are Cardiovascular technologists and technicians, Surgeons, Physicians, Architectural & engineering managers, and Chief executives & legislators

The most specialized majors at Ranken Technical College are Engineering Technologies (260 degrees awarded), Mechanical Technologies (313 degrees), Construction (96 degrees), Precision Production (60 degrees), and Architecture and Related Services (6 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Ranken Technical College are Computer Systems Design (1,051,550 people), Banking & related activities (528,337 people), Elementary & secondary schools (509,593 people), Construction (491,766 people), and Securities, commodities, funds, trusts & other financial investments (450,256 people).

Majors Awarded

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

Most Common (2023)

Industrial Electronics Technology
101 degrees awarded
Computer Engineering Technology
95 degrees awarded
Automobile Mechanics Technology
46 degrees awarded

In 2023, the most common associates degree concentration at Ranken Technical College was Industrial Electronics Technology with 101 degrees awarded.

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

Sex Breakdown for Common Majors

705

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 705 degrees were awarded to men at Ranken Technical College, which is 13.1 times more than the number of degrees awarded to females (54).

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

Most Common Male Majors

In 2023, 131 degrees were awarded to men at Ranken Technical College in Industrial Electronics Technology, which is 21.8 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2023, 9 degrees were awarded to men at Ranken Technical College in Computer Engineering Technology, which is 0.0978 times less than the 92 male recipients with that same degree.

Time to Complete

100% Completion Time

73%

150% Completion Time

In 2023, 9% of students graduating from Ranken Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 73% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate/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.

White Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2023 at Ranken Technical College is Female and White (50% graduation rate). Across all Baccalaureate/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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
537 degrees awarded
Black or African American
116 degrees awarded
Hispanic or Latino
24 degrees awarded

The most common race/ethnicity at Ranken Technical College is white (537 degrees awarded). There were 4.63 times more white recipients than the next closest race/ethnicity group, black or african american (116 degrees).

7.64% of degree recipients (58 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
505 degrees awarded
Black or African American Male
101 degrees awarded
White Female
32 degrees awarded

The most common race/ethnicity and sex grouping at Ranken Technical College is white male (505 degrees awarded). There were 5 times more white male recipients than the next closest race/ethnicity group, black or african american male (101 degrees).

Operations

Ranken Technical College has an endowment valued at nearly $77.3M, as of the end of the 2023 fiscal year. The return on its endowment was of 8.31M (10.8%) compared to the 2.77% average return (416k on 15M) across all Baccalaureate/Associates Colleges.

In 2023, Ranken Technical College had a total salary expenditure of 37.3M. Ranken Technical College employs 105 Instructors. Most academics at Ranken Technical College are Male Instructor (100), and Female Instructor (5).

The most common positions for non-instructional staff at Ranken Technical College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 30 employees, Business and Financial Operations, with 25 employees, and Office and Administrative Support with 11 employees.

Endowment

$77.3M

2023 Endowment

3.92%

growth from 2022

Ranken Technical College has an endowment valued at about $77.3M, as of the end of the 2023 fiscal year. The endowment of Ranken Technical College grew 3.92% from the previous year. The value of their endowment was $62.3M higher than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

Salary Expenditure

$13.8M

2023 Salaries

0.194%

decline from 2022

In 2023, Ranken Technical College paid a median of $13.8M in salaries, which represents 37% of their overall expenditure ($37.3M) and a 0.194% decline from the previous year. This is compared to a 1.87% decline between 2021 and 2022, and a 5.26% growth between 2020 and 2021.

The median for similar Baccalaureate/Associates Colleges is 13M (33.2% of overall expenditures).

Instructional Salaries

$7.37M

Instructional Salaries

105

Number of Employees

In 2023, Ranken Technical College paid a total of $7.37M to 105 employees working as instructors, which represents 53.5% of all salaries paid.

This is compared to a median of $533k (3.76%) for similar Baccalaureate/Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

105 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

30 Employees

In 2023, the most common positions for instructional staff at Ranken Technical College was Instructor with 105 employees.

In 2023, the most common positions for non-instructional staff at Ranken Technical College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 30 employees, Business and Financial Operations with 25 employees, and Office and Administrative Support with 11 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Instructor
Female Instructor

In 2023, the most common demographic for instructional staff at Ranken Technical College was Male Instructor with 100 employees, and Female Instructor with 5 employees.

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

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