Argosy University-Schaumburg (420866)

www.argosy.edu/schaumburg

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    2018 Undergraduate Tuition
    $13,344
    2017 Average Net Price
    $20,495
    After Financial Aid
    2015 Default Rate
    15.6%
    on Student Loans
    2017 Enrolled Students
    195
    37.9% Full-Time

    About

    Argosy University-Schaumburg (420866) is a higher education institution located in Cook County, IL. In 2018, the most popular Professional Doctorate concentrations at Argosy University-Schaumburg (420866) were Clinical Psychology (25 degrees awarded).

    In 2018, 52 degrees were awarded across all undergraduate and graduate programs at Argosy University-Schaumburg (420866). 86.5% of these degrees were awarded to women, and 13.5% awarded men. The most common race/ethnicity group of degree recipients was white (33 degrees), 3.67 times more than then the next closest race/ethnicity group, black or african american (9 degrees).

    The median undergraduate tuition at Argosy University-Schaumburg (420866) is $13,344, which is $−1,553 less than the national average for Special Focus Institutions ($14,897).

    In 2015 the default rate for borrower's at Argosy University-Schaumburg (420866) was 15.6%, corresponding to 3079 out of the 19,780 total borrowers.

    Special Focus Four-Year: Other Health Professions SchoolsSpecial Focus Institutions

    Costs

    In 2018, the median undergraduate tuition at Argosy University-Schaumburg (420866) is $13,344.

    After taking grants and loans into account, the average net price for students is $20,495.

    In 2017, 59% of undergraduate students attending Argosy University-Schaumburg (420866) received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

    Tuition Costs

    $13,344
    2018 Undergraduate Tuition

    In 2018, the cost of tuition at Argosy University-Schaumburg (420866) was $13,344.

    This chart compares the tuition costs of Argosy University-Schaumburg (420866) (in red) with those of other similar universities.

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    Average Net Price

    $20,495
    2017 Value

    In 2017 Argosy University-Schaumburg (420866) had an average net price — the price paid after factoring in grants and loans — of $20,495.

    This chart compares the average net price of Argosy University-Schaumburg (420866) (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.

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    Other Student Expenses

    The average yearly cost of room and board at Argosy University-Schaumburg (420866) was of $0 in 2018. The cost of room and board decreased by 100% between 2017 and 2018.

    This chart compares the average student costs at Argosy University-Schaumburg (420866) (in red) with that of similar universities.

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    Financial Aid by Income Level

    59%
    Undergraduates Receiving Financial Aid through Grants
    76%
    Undergraduates Receiving Financial Aid through Loans

    59% of undergraduate students at Argosy University-Schaumburg (420866) received financial aid through grants or loans in 2017. This represents a decline of 13.2% with respect to 2016, when 68% of undergraduate students received financial aid.

    This chart compares the average award discount at Argosy University-Schaumburg (420866) (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.

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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.
    15.6%
    2015 Default Rate
    3079
    Number of Defaults

    In 2015 the default rate for borrower's at Argosy University-Schaumburg (420866) was 15.6%, which represents 3079 out of the 19780 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

    Argosy University-Schaumburg (420866) had a total enrollment of 195 students in 2017. The full-time enrollment at Argosy University-Schaumburg (420866) is 74 students and the part-time enrollment is 121. This means that 37.9% of students enrolled at Argosy University-Schaumburg (420866) are enrolled full-time.

    The enrolled student population at Argosy University-Schaumburg (420866), both undergraduate and graduate, is 65.6% White, 17.9% Black or African American, 8.72% Hispanic or Latino, and 5.64% Asian.

    Students enrolled at Argosy University-Schaumburg (420866) in full-time Undergraduate programs are most commonly Black or African American Female (34.9%), followed by White Female (32.6%) and White Male (9.3%). Students enrolled in full-time Graduate programs are most commonly White Female (50.5%), followed by White Male (18.1%) and Black or African American Female (17.1%).

    Full-Time vs Part-Time Enrollment

    37.9%
    Full-Time Enrollment

    The total enrollment at Argosy University-Schaumburg (420866) in 2017, both undergraduate and graduate, is 195 students. The full-time enrollment at Argosy University-Schaumburg (420866) is 74 and the part-time enrollment is 121. This means that 37.9% of students enrolled at Argosy University-Schaumburg (420866) are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at Argosy University-Schaumburg (420866) (in red) compares to similar universities.

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    Retention Rate over Time

    100%
    2017 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 Argosy University-Schaumburg (420866) was 100%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), Argosy University-Schaumburg (420866) had a retention rate higher than its peers.

    This chart shows the retention rate over time at Argosy University-Schaumburg (420866) (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2017)
    1. White
      128 enrolled students
    2. Black or African American
      35 enrolled students
    3. Hispanic or Latino
      17 enrolled students

    The enrolled student population at Argosy University-Schaumburg (420866) is 65.6% White, 17.9% Black or African American, 8.72% Hispanic or Latino, and 5.64% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% 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, 1 students (0.513%) did not report their race.

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    Graduates

    In 2018, 38 more women than men received degrees from Argosy University-Schaumburg (420866). The most common race/ethnicity group of degree recipients at Argosy University-Schaumburg (420866) is white (33 degrees awarded). There were 3.67 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

    The most common Professional Doctorate concentration at Argosy University-Schaumburg (420866) is Clinical Psychology (25 degrees awarded).

    In 2018,  the most specialized majors across all degree types at Argosy University-Schaumburg (420866), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), and Business (8 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 Argosy University-Schaumburg (420866) are Elementary & middle school teachers (1,780,072 people), Registered nurses (1,685,818 people), Accountants & auditors (1,079,034 people), Other managers (971,118 people), and Financial managers (579,428 people).

    The most specialized majors at Argosy University-Schaumburg (420866) in 2018 are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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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 Argosy University-Schaumburg (420866) are Surgeons, Cardiovascular technologists and technicians, Geoscientists and hydrologists, except geographers, Nuclear medicine technologists and medical dosimetrists, and Physicians

    The most specialized majors at Argosy University-Schaumburg (420866) are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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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 Argosy University-Schaumburg (420866) are Elementary & secondary schools (3,723,567 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,233,649 people), Colleges, universities & professional schools, including junior colleges (847,883 people), Computer Systems Design (695,425 people), and Outpatient care centers (635,924 people).

    The most specialized majors at Argosy University-Schaumburg (420866) are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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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 Argosy University-Schaumburg (420866).
    Most Common (2018)
    1. General Psychology
      5 degrees awarded
    2. General Business
      2 degrees awarded

    In 2018, the most common bachelors degree concentration at Argosy University-Schaumburg (420866) was General Psychology with 5 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Argosy University-Schaumburg (420866) according to their major.

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    Sex Breakdown for Common Majors

    7
    Degrees Awarded to Men
    in 2018
    45
    Degrees Awarded to Women
    in 2018

    In 2018, 7 degrees were awarded to men at Argosy University-Schaumburg (420866), which is 0.156 times less than the number of degrees awarded to females (45).

    This chart displays the sex disparity between the top 5 majors at Argosy University-Schaumburg (420866) by degrees awarded.

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    Most Common Male Majors

    In 2018, 2 degrees were awarded to men at Argosy University-Schaumburg (420866) in Clinical Psychology, which is 0.087 times less than the 23 female recipients with that same degree.

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    Most Common Female Majors

    In 2018, 23 degrees were awarded to men at Argosy University-Schaumburg (420866) in Clinical Psychology, which is 11.5 times more than the 2 male recipients with that same degree.

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    Time to Complete

    The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2018)
    1. White
      33 degrees awarded
    2. Black or African American
      9 degrees awarded
    3. Asian
      5 degrees awarded

    The most common race/ethnicity at Argosy University-Schaumburg (420866) is white (33 degrees awarded). There were 3.67 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

    3.85% of degree recipients (2 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2018)
    1. White Female
      93 degrees awarded
    2. White Female
      86 degrees awarded
    3. White Female
      86 degrees awarded

    The most common race/ethnicity and sex grouping at Argosy University-Schaumburg (420866) is white female (93 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (86 degrees).

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    Operations

    In 2017, Argosy University-Schaumburg (420866) had a total salary expenditure of 3.66M. Argosy University-Schaumburg (420866) employs 8 Professors. Most academics at Argosy University-Schaumburg (420866) are Female Professor (5), and Male Professor (3).

    The most common positions for non-instructional staff at Argosy University-Schaumburg (420866) are: Management, with 7 employees, Office and Administrative Support, with 4 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1 employees.

    Salary Expenditure

    $2.06M
    2017 Salaries
    17.3%
    decline from 2016

    In 2017, Argosy University-Schaumburg (420866) paid a median of $2.06M in salaries, which represents 56.3% of their overall expenditure ($3.66M) and a 17.3% decline from the previous year. This is compared to a 4.1% decline between 2015 and 2016, and a 17.8% decline between 2014 and 2015.

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    Instructional Salaries

    $666k
    Instructional Salaries
    8
    Number of Employees

    In 2017, Argosy University-Schaumburg (420866) paid a total of $666k to 8 employees working as instructors, which represents 32.3% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2017, the most common positions for non-instructional staff at Argosy University-Schaumburg (420866) were Management with 7 employees, Office and Administrative Support with 4 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1 employees.

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