Lakeshore Technical College

www.gotoltc.edu

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2022 Undergraduate Tuition

$4,045

4.58% growth from 2021

2022 Average Net Price

$9,327

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

3,154

13% Full-Time

2022 Graduation Rate

47.7%

94 Graduates

About

Lakeshore Technical College is a higher education institution located in Manitowoc County, WI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lakeshore Technical College were General Human Resources Management & Personnel Administration (33 degrees awarded), Accounting Technology & Bookkeeping (23 degrees), and Criminal Justice - Police Science (17 degrees).

In 2022, 896 degrees were awarded across all undergraduate and graduate programs at Lakeshore Technical College. 55.8% of these degrees were awarded to women, and 44.2% awarded men. The most common race/ethnicity group of degree recipients was white (712 degrees), 8.79 times more than then the next closest race/ethnicity group, asian (81 degrees).

The median undergraduate tuition at Lakeshore Technical College is $4,045, which is $−4,067 less than the national average for Associates Colleges ($8,112).

In 2020 the default rate for borrower's at Lakeshore Technical College was 0%, corresponding to 0 out of the 445 total borrowers.

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

In 2022, the median undergraduate tuition at Lakeshore Technical College is $4,045, which is $4,067 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $9,327.

In 2022, 42% of undergraduate students attending Lakeshore Technical College received financial aid through grants. Comparatively, 19% of undergraduate students received financial aid through loans.

Tuition Costs

$4,045

2022 Undergraduate Tuition

In 2022, the cost of tuition at Lakeshore Technical College was $4,045. The cost of tuition at Lakeshore Technical College is $−4,067 less than than the overall (public and private) national average for Associates Colleges ($8,112).

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

Average Net Price

$9,327

2022 Value

11%

1 Year Growth

In 2022 Lakeshore Technical College had an average net price — the price paid after factoring in grants and loans — of $9,327. Between 2021 and 2022, the average net price of Lakeshore Technical College grew by 11%.

This chart compares the average net price of Lakeshore 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

$7,844

Room and Board

$1,940

Books and Supplies

The average yearly cost of room and board at Lakeshore Technical College was of $7,844 in 2022. The cost of room and board increased by 2.72% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,940. The cost of books and supplies decreased by 1.72% during the same period.

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

Financial Aid by Income Level

42%

Undergraduates Receiving Financial Aid through Grants

19%

Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Lakeshore Technical College received financial aid through grants or loans in 2022. This represents a decline of 2.33% with respect to 2021, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Lakeshore 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 Lakeshore Technical College was 0%, which represents 0 out of the 445 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

Lakeshore Technical College had a total enrollment of 3,154 students in 2022. The full-time enrollment at Lakeshore Technical College is 410 students and the part-time enrollment is 2,744. This means that 13% of students enrolled at Lakeshore Technical College are enrolled full-time.

The enrolled student population at Lakeshore Technical College, both undergraduate and graduate, is 74.1% White, 9.23% Hispanic or Latino, 8.56% Asian, 2.54% Black or African American, 1.62% Two or More Races, 0.602% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lakeshore Technical College in full-time Undergraduate programs are most commonly White Male (37.8%), followed by White Female (37.3%) and Asian Male (6.83%).

Full-Time vs Part-Time Enrollment

13%

Full-Time Enrollment

The total enrollment at Lakeshore Technical College in 2022, both undergraduate and graduate, is 3,154 students. The full-time enrollment at Lakeshore Technical College is 410 and the part-time enrollment is 2,744. This means that 13% of students enrolled at Lakeshore Technical College are enrolled full-time compared with 32.2% at similar Associates Colleges.

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

Retention Rate over Time

69%

2022 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 Lakeshore Technical College was 69%. Compared with the full-time retention rate at similar Associates Colleges (62%), Lakeshore Technical College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
2,337 enrolled students
Hispanic or Latino
291 enrolled students
Asian
270 enrolled students

The enrolled student population at Lakeshore Technical College is 74.1% White, 9.23% Hispanic or Latino, 8.56% Asian, 2.54% Black or African American, 1.62% Two or More Races, 0.602% American Indian or Alaska Native, and 0.127% 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 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Graduates

In 2022, 104 more women than men received degrees from Lakeshore Technical College. The most common race/ethnicity group of degree recipients at Lakeshore Technical College is white (712 degrees awarded). There were 8.79 times more white recipients than the next closest race/ethnicity group, asian (81 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lakeshore Technical College is General Human Resources Management & Personnel Administration (33 degrees awarded), followed by Accounting Technology & Bookkeeping (23 degrees) and Criminal Justice - Police Science (17 degrees).

In 2022, the most specialized majors across all degree types at Lakeshore Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (74 degrees awarded), Mechanical Technologies (94 degrees), and Engineering Technologies (64 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 Lakeshore Technical College are Registered nurses (1,406,470 people), Medical & health services managers (158,795 people), Nurse practitioners & nurse midwives (141,473 people), Pharmacists (135,184 people), and Other managers (135,015 people).

The most specialized majors at Lakeshore Technical College in 2022 are Precision Production (74 degrees awarded), Mechanical Technologies (94 degrees), Engineering Technologies (64 degrees), Science Technologies (5 degrees), and Health (303 degrees) (as of 2022).

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 Lakeshore Technical College are Cardiovascular technologists and technicians, Surgeons, Physicians, Photographic process workers & processing machine operators, and Sales representatives, wholesale & manufacturing

The most specialized majors at Lakeshore Technical College are Precision Production (74 degrees awarded), Mechanical Technologies (94 degrees), Engineering Technologies (64 degrees), Science Technologies (5 degrees), and Health (303 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lakeshore Technical College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,522,008 people), Justice, public order, & safety activities (334,973 people), Elementary & secondary schools (283,305 people), Outpatient care centers (253,065 people), and Offices of physicians (208,636 people).

Majors Awarded

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

Most Common (2022)

Registered Nursing
30 degrees awarded
General Human Resources Management & Personnel Administration
27 degrees awarded
General Business Administration & Management
25 degrees awarded

In 2022, the most common associates degree concentration at Lakeshore Technical College was Registered Nursing with 30 degrees awarded.

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

Sex Breakdown for Common Majors

396

Degrees Awarded to Men

in 2022

500

Degrees Awarded to Women

in 2022

In 2022, 396 degrees were awarded to men at Lakeshore Technical College, which is 0.792 times less than the number of degrees awarded to females (500).

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

Most Common Male Majors

In 2022, 47 degrees were awarded to men at Lakeshore Technical College in Industrial Mechanics & Maintenance Technology, which is 47 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In 2022, 107 degrees were awarded to men at Lakeshore Technical College in Nursing Assistant & Patient Care Assistant, which is 4.86 times more than the 22 male recipients with that same degree.

Time to Complete

37%

100% Completion Time

52%

150% Completion Time

In 2022, 37% of students graduating from Lakeshore Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 57% 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.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Lakeshore Technical College is Female and Two or More Races (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.06% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
712 degrees awarded
Asian
81 degrees awarded
Hispanic or Latino
60 degrees awarded

The most common race/ethnicity at Lakeshore Technical College is white (712 degrees awarded). There were 8.79 times more white recipients than the next closest race/ethnicity group, asian (81 degrees).

1% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
396 degrees awarded
White Male
316 degrees awarded
Asian Female
45 degrees awarded

The most common race/ethnicity and sex grouping at Lakeshore Technical College is white female (396 degrees awarded). There were 1.25 times more white female recipients than the next closest race/ethnicity group, white male (316 degrees).

Operations

Lakeshore Technical College has an endowment valued at nearly $1.06M, as of the end of the 2022 fiscal year. The return on its endowment was of −72.7k (−6.87%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, Lakeshore Technical College had a total salary expenditure of 39.8M. Lakeshore Technical College employs 95 Instructors. Most academics at Lakeshore Technical College are Female Instructor (52), and Male Instructor (43).

The most common positions for non-instructional staff at Lakeshore Technical College are: Management, with 64 employees, Office and Administrative Support, with 35 employees, and Computer, Engineering, and Science with 16 employees.

Endowment

$1.06M

2022 Endowment

1.63%

growth from 2021

Lakeshore Technical College has an endowment valued at about $1.06M, as of the end of the 2022 fiscal year. The endowment of Lakeshore Technical College grew 1.63% from the previous year. The value of their endowment was $4.15M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakeshore 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 Associates Colleges: High Career & Technical-High Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$1.46M - Federal
$1.55M - State
$12.4k - Local

As of 2022, Lakeshore Technical College received $1.46M in grants and contracts from the federal government, $1.55M from state grants and contracts, and $12.4k from local grants and contracts.

Salary Expenditure

$15.4M

2022 Salaries

0.956%

decline from 2021

In 2022, Lakeshore Technical College paid a median of $15.4M in salaries, which represents 38.8% of their overall expenditure ($39.8M) and a 0.956% decline from the previous year. This is compared to a 5.94% decline between 2020 and 2021, and a 6.69% decline between 2019 and 2020.

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

Instructional Salaries

$7.08M

Instructional Salaries

Number of Employees

In 2022, Lakeshore Technical College paid a total of $7.08M to 95 employees working as instructors, which represents 45.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

95 Employees

Management

Most Common Non-Instructional Employee

64 Employees

In 2022, the most common positions for instructional staff at Lakeshore Technical College was Instructor with 95 employees.

In 2022, the most common positions for non-instructional staff at Lakeshore Technical College were Management with 64 employees, Office and Administrative Support with 35 employees, and Computer, Engineering, and Science with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Male Instructor

In 2022, the most common demographic for instructional staff at Lakeshore Technical College was Female Instructor with 52 employees, and Male Instructor with 43 employees.

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

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