Ranken Technical College

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2023 Undergraduate Tuition
$16,200
3.05% growth from 2022
2023 Average Net Price
$16,136
After Financial Aid
2023 Enrolled Students
1,696
73.6% Full-Time
2023 Graduation Rate
18.2%
2 Graduates

About

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

Costs

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

Tuition Costs

$16,200
2023 Undergraduate Tuition

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.

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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.

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

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)
  1. White
    1,079 enrolled students
  2. Black or African American
    352 enrolled students
  3. Hispanic or Latino
    69 enrolled students

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.

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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).

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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, Magnetic resonance imaging technologists, Physicians, and Architectural & engineering managers

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).

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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 (620,758 people), uninformed (375,519 people), Architectural, engineering & related services (192,096 people), Construction (177,128 people), and Colleges, universities & professional schools, including junior colleges (107,770 people).

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).

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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 Ranken Technical College.
Most Common (2023)
  1. Industrial Electronics Technology
    101 degrees awarded
  2. Computer Engineering Technology
    95 degrees awarded
  3. 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.

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Sex Breakdown for Common Majors

705
Degrees Awarded to Men
in 2023
54
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.

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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.

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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.

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Time to Complete

9%
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.

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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, Asian Female students have the highest graduation rate (74.3%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    537 degrees awarded
  2. Black or African American
    116 degrees awarded
  3. 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.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    505 degrees awarded
  2. Black or African American Male
    101 degrees awarded
  3. 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).

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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

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

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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.

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.

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.

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Instructors by Academic Rank and Sex

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