Erikson Institute

www.erikson.edu

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2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
368
20.7% Full-Time

About

Erikson Institute is a higher education institution located in Cook County, IL. In 2023, the most popular Masters Degree concentrations at Erikson Institute were Early Childhood Education & Teaching (51 degrees awarded), Child Development (32 degrees), and Social Work (25 degrees).

In 2022, 175 degrees were awarded across all undergraduate and graduate programs at Erikson Institute. 96% of these degrees were awarded to women, and 4% awarded men. The most common race/ethnicity group of degree recipients was white (73 degrees), 2.81 times more than then the next closest race/ethnicity group, black or african american (26 degrees).

In 2022 the default rate for borrower's at Erikson Institute was 0%, corresponding to 0 out of the 120 total borrowers.

Special Focus Four-Year: Other Special Focus InstitutionsSpecial Focus Institutions

Costs

Tuition Costs

$0
2023 Undergraduate Tuition

In 2023, the cost of tuition at Erikson Institute was $0. The cost of tuition at Erikson Institute is $−15,164 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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Other Student Expenses

The average yearly cost of room and board at Erikson Institute was of $0 in 2023. The cost of room and board remained the same by NaNk% between 2022 and 2023.

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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%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Erikson Institute was 0%, which represents 0 out of the 120 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

Erikson Institute had a total enrollment of 368 students in 2023. The full-time enrollment at Erikson Institute is 76 students and the part-time enrollment is 292. This means that 20.7% of students enrolled at Erikson Institute are enrolled full-time.

The enrolled student population at Erikson Institute, both undergraduate and graduate, is 44.8% White, 25.5% Hispanic or Latino, 19.6% Black or African American, 3.53% Asian, and 1.9% Two or More Races.

Students enrolled in full-time Graduate programs are most commonly White Female (44.3%), followed by Hispanic or Latino Female (27.8%) and Black or African American Female (18.3%).

Full-Time vs Part-Time Enrollment

20.7%
Full-Time Enrollment

The total enrollment at Erikson Institute in 2023, both undergraduate and graduate, is 368 students. The full-time enrollment at Erikson Institute is 76 and the part-time enrollment is 292. This means that 20.7% of students enrolled at Erikson Institute are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    165 enrolled students
  2. Hispanic or Latino
    94 enrolled students
  3. Black or African American
    72 enrolled students

The enrolled student population at Erikson Institute is 44.8% White, 25.5% Hispanic or Latino, 19.6% Black or African American, 3.53% Asian, and 1.9% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% 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, 10 students (2.72%) did not report their race.

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Graduates

In 2022, 161 more women than men received degrees from Erikson Institute. The most common race/ethnicity group of degree recipients at Erikson Institute is white (73 degrees awarded). There were 2.81 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

The most common Masters Degree concentration at Erikson Institute is Early Childhood Education & Teaching (51 degrees awarded), followed by Child Development (32 degrees) and Social Work (25 degrees).

In 2023,  the most specialized majors across all degree types at Erikson Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (48 degrees awarded), Public Administration and Social Service (25 degrees), and Education (56 degrees).

Common Jobs by Major

Elementary & middle school teachers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Erikson Institute are Elementary & middle school teachers (1,482,529 people), Secondary school teachers (463,831 people), Education administrators (255,592 people), Special education teachers (203,480 people), and Preschool & kindergarten teachers (201,026 people).

The most specialized majors at Erikson Institute in 2023 are Human Sciences (48 degrees awarded), Public Administration and Social Service (25 degrees), and Education (56 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 Erikson Institute are Surgeons, Cardiovascular technologists and technicians, Geoscientists and hydrologists, except geographers, Tool & die makers, and Securities, commodities, & financial services sales agents

The most specialized majors at Erikson Institute are Human Sciences (48 degrees awarded), Public Administration and Social Service (25 degrees), and Education (56 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 Erikson Institute are Elementary & secondary schools (2,735,767 people), Colleges, universities & professional schools, including junior colleges (225,907 people), uninformed (217,330 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (161,855 people), and Individual & family services (154,630 people).

The most specialized majors at Erikson Institute are Human Sciences (48 degrees awarded), Public Administration and Social Service (25 degrees), and Education (56 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 Erikson Institute.
Most Common (2023)
  1. Early Childhood Education & Teaching
    51 degrees awarded
  2. Child Development
    32 degrees awarded
  3. Social Work
    25 degrees awarded

In 2023, the most common masters degree concentration at Erikson Institute was Early Childhood Education & Teaching with 51 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Erikson Institute according to their major.

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Sex Breakdown for Common Majors

7
Degrees Awarded to Men
in 2022
168
Degrees Awarded to Women
in 2022

In 2022, 7 degrees were awarded to men at Erikson Institute, which is 0.0417 times less than the number of degrees awarded to females (168).

This chart displays the sex disparity between the top 5 majors at Erikson Institute by degrees awarded.

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Most Common Male Majors

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Most Common Female Majors

In 2023, 56 degrees were awarded to women at Erikson Institute in Early Childhood Education & Teaching. There were no male recipients with the same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    73 degrees awarded
  2. Black or African American
    26 degrees awarded
  3. Hispanic or Latino
    20 degrees awarded

The most common race/ethnicity at Erikson Institute is white (73 degrees awarded). There were 2.81 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

1.55% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    73 degrees awarded
  2. Black or African American Female
    26 degrees awarded
  3. Hispanic or Latino Female
    20 degrees awarded

The most common race/ethnicity and sex grouping at Erikson Institute is white female (73 degrees awarded). There were 2.81 times more white female recipients than the next closest race/ethnicity group, black or african american female (26 degrees).

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Operations

Erikson Institute has an endowment valued at nearly $57.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.81M (6.65%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Erikson Institute had a total salary expenditure of 24.3M. Erikson Institute employs 6 Instructors, 6 Assistant professors and 5 Professors. Most academics at Erikson Institute are Female Instructor (6), Female Assistant professor (6), and Female Professor (5).

The most common positions for non-instructional staff at Erikson Institute are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 55 employees, Office and Administrative Support, with 24 employees, and Management with 19 employees.

Endowment

$57.2M
2023 Endowment
9.93%
growth from 2022

Erikson Institute has an endowment valued at about $57.2M, as of the end of the 2023 fiscal year. The endowment of Erikson Institute grew 9.93% from the previous year. The value of their endowment was $44.8M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Special Focus Institutions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $1.99M - Federal
  2. $3.28M - State
  3. $612k - Local

As of 2023, Erikson Institute received $1.99M in grants and contracts from the federal government, $3.28M from state grants and contracts, and $612k from local grants and contracts.

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Salary Expenditure

$13.2M
2023 Salaries
0.532%
decline from 2022

In 2023, Erikson Institute paid a median of $13.2M in salaries, which represents 54.2% of their overall expenditure ($24.3M) and a 0.532% decline from the previous year. This is compared to a 1.82% decline between 2021 and 2022, and a 2.52% decline between 2020 and 2021.

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Instructional Salaries

$1.96M
Instructional Salaries
21
Number of Employees

In 2023, Erikson Institute paid a total of $1.96M to 21 employees working as instructors, which represents 14.9% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

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Occupations by Share

Instructor
Most Common Instructor
6 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
55 Employees

In 2023, the most common positions for instructional staff at Erikson Institute were Instructor with 6 employees, Assistant professor with 6 employees, and Professor with 5 employees.

In 2023, the most common positions for non-instructional staff at Erikson Institute were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 55 employees, Office and Administrative Support with 24 employees, and Management with 19 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Instructor
  2. Female Assistant professor
  3. Female Professor

In 2023, the most common demographic for instructional staff at Erikson Institute was Female Instructor with 6 employees, Female Assistant professor with 6 employees, and Female Professor with 5 employees.

This chart shows the sex split between each academic rank present at Erikson Institute.

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