Detroit Business Institute-Downriver

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2022 Average Net Price
$19,310
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
65.2%
23 Applicants
2022 Enrolled Students
108
100% Full-Time

About

Detroit Business Institute-Downriver is a higher education institution located in Wayne County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Detroit Business Institute-Downriver were Licensed Practical & Vocational Nurse Training (74 degrees awarded).

In 2022, 74 degrees were awarded across all undergraduate and graduate programs at Detroit Business Institute-Downriver. 95.9% of these degrees were awarded to women, and 4.05% awarded men. The most common race/ethnicity group of degree recipients was black or african american (61 degrees), 5.08 times more than then the next closest race/ethnicity group, white (12 degrees).

In 2020 the default rate for borrower's at Detroit Business Institute-Downriver was 0%, corresponding to 0 out of the 33 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $19,310.

In 2022, 93% of undergraduate students attending Detroit Business Institute-Downriver received financial aid through grants. Comparatively, 91% of undergraduate students received financial aid through loans.

Average Net Price

$19,310
2022 Value
6.62%
1 Year Growth

In 2022 Detroit Business Institute-Downriver had an average net price — the price paid after factoring in grants and loans — of $19,310. Between 2021 and 2022, the average net price of Detroit Business Institute-Downriver grew by 6.62%.

This chart compares the average net price of Detroit Business Institute-Downriver (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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Financial Aid by Income Level

93%
Undergraduates Receiving Financial Aid through Grants
91%
Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Detroit Business Institute-Downriver received financial aid through grants or loans in 2022. This represents a growth of 2.2% with respect to 2021, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Detroit Business Institute-Downriver (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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Detroit Business Institute-Downriver was 0%, which represents 0 out of the 33 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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Admissions

Detroit Business Institute-Downriver received 23 undergraduate applications in 2022, which represents a 35.3% annual growth. Out of those 23 applicants, 15 students were accepted for enrollment, representing a 65.2% acceptance rate.

There were 108 students enrolled at Detroit Business Institute-Downriver in 2022.

Detroit Business Institute-Downriver has an overall enrollment yield of 46.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.2%
Acceptance Rate in 2022
15
Accepted Out of 23

In 2022, the undergraduate acceptance rate of Detroit Business Institute-Downriver was 65.2% (15 admissions from 23 applications). This is higher than the acceptance rate of 2021, which was 64.7%. Between 2021 and 2022, the number of applicants grew by 35.3%, while admissions grew by 36.4%.

This chart compares the acceptance rate of Detroit Business Institute-Downriver (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Detroit Business Institute-Downriver had a total enrollment of 108 students in 2022. The full-time enrollment at Detroit Business Institute-Downriver is 108 students and the part-time enrollment is 0. This means that 100% of students enrolled at Detroit Business Institute-Downriver are enrolled full-time.

The enrolled student population at Detroit Business Institute-Downriver, both undergraduate and graduate, is 91.7% Black or African American, 4.63% White, 1.85% Hispanic or Latino, 0.926% Asian, and 0.926% Two or More Races.

Students enrolled at Detroit Business Institute-Downriver in full-time Undergraduate programs are most commonly Black or African American Female (89.8%), followed by White Female (4.63%) and Black or African American Male (1.85%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Detroit Business Institute-Downriver in 2022, both undergraduate and graduate, is 108 students. The full-time enrollment at Detroit Business Institute-Downriver is 108 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Detroit Business Institute-Downriver (in red) compares to similar universities.

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Retention Rate over Time

100%
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 Detroit Business Institute-Downriver was 100%.

This chart shows the retention rate over time at Detroit Business Institute-Downriver (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    99 enrolled students
  2. White
    5 enrolled students
  3. Hispanic or Latino
    2 enrolled students

The enrolled student population at Detroit Business Institute-Downriver is 91.7% Black or African American, 4.63% White, 1.85% Hispanic or Latino, 0.926% Asian, and 0.926% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 68 more women than men received degrees from Detroit Business Institute-Downriver. The most common race/ethnicity group of degree recipients at Detroit Business Institute-Downriver is black or african american (61 degrees awarded). There were 5.08 times more black or african american recipients than the next closest race/ethnicity group, white (12 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Detroit Business Institute-Downriver is Licensed Practical & Vocational Nurse Training (74 degrees awarded).

In 2022,  the most specialized majors across all degree types at Detroit Business Institute-Downriver, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (74 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Detroit Business Institute-Downriver are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Detroit Business Institute-Downriver in 2022 are Health (74 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Detroit Business Institute-Downriver are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Detroit Business Institute-Downriver are Health (74 degrees awarded) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Detroit Business Institute-Downriver are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Detroit Business Institute-Downriver are Health (74 degrees awarded) (as of 2022).

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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 Detroit Business Institute-Downriver.
Most Common (2022)
74 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Detroit Business Institute-Downriver was Licensed Practical & Vocational Nurse Training with 74 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Detroit Business Institute-Downriver according to their major.

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2022
71
Degrees Awarded to Women
in 2022

In 2022, 3 degrees were awarded to men at Detroit Business Institute-Downriver, which is 0.0423 times less than the number of degrees awarded to females (71).

This chart displays the sex disparity between the top 5 majors at Detroit Business Institute-Downriver by degrees awarded.

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Most Common Male Majors

In 2022, 3 degrees were awarded to men at Detroit Business Institute-Downriver in Licensed Practical & Vocational Nurse Training, which is 0.0423 times less than the 71 female recipients with that same degree.

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Most Common Female Majors

In 2022, 71 degrees were awarded to men at Detroit Business Institute-Downriver in Licensed Practical & Vocational Nurse Training, which is 23.7 times more than the 3 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Black or African American
    61 degrees awarded
  2. White
    12 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Detroit Business Institute-Downriver is black or african american (61 degrees awarded). There were 5.08 times more black or african american recipients than the next closest race/ethnicity group, white (12 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    59 degrees awarded
  2. White Female
    11 degrees awarded
  3. Black or African American Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at Detroit Business Institute-Downriver is black or african american female (59 degrees awarded). There were 5.36 times more black or african american female recipients than the next closest race/ethnicity group, white female (11 degrees).

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Operations

Salary Expenditure

$1.02M
2022 Salaries
30.3%
growth from 2021

In 2022, Detroit Business Institute-Downriver paid a median of $1.02M in salaries, a 30.3% growth from the previous year. This is compared to a 119% growth between 2020 and 2021, and a 39.4% decline between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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