Erikson Institute

www.erikson.edu

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2020 Default Rate

on Student Loans

2022 Enrolled Students

331

11.8% Full-Time

About

Erikson Institute is a higher education institution located in Cook County, IL. In 2022, the most popular Masters Degree concentrations at Erikson Institute were Early Childhood Education & Teaching (94 degrees awarded), Child Development (24 degrees), and Social Work (21 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 (85 degrees), 2.24 times more than then the next closest race/ethnicity group, black or african american (38 degrees).

In 2020 the default rate for borrower's at Erikson Institute was 0%, corresponding to 0 out of the 79 total borrowers.

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

Costs

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 Erikson Institute was 0%, which represents 0 out of the 79 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

Erikson Institute had a total enrollment of 331 students in 2022. The full-time enrollment at Erikson Institute is 39 students and the part-time enrollment is 292. This means that 11.8% of students enrolled at Erikson Institute are enrolled full-time.

The enrolled student population at Erikson Institute, both undergraduate and graduate, is 50.8% White, 21.8% Hispanic or Latino, 19.3% Black or African American, 2.42% Asian, 2.11% Two or More Races, and 0.302% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (53.8%), followed by Hispanic or Latino Female (20.5%) and Black or African American Female (17.9%).

Full-Time vs Part-Time Enrollment

11.8%

Full-Time Enrollment

The total enrollment at Erikson Institute in 2022, both undergraduate and graduate, is 331 students. The full-time enrollment at Erikson Institute is 39 and the part-time enrollment is 292. This means that 11.8% of students enrolled at Erikson Institute are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
168 enrolled students
Hispanic or Latino
72 enrolled students
Black or African American
64 enrolled students

The enrolled student population at Erikson Institute is 50.8% White, 21.8% Hispanic or Latino, 19.3% Black or African American, 2.42% Asian, 2.11% Two or More Races, and 0.302% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 2 students (0.604%) did not report their race.

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 (85 degrees awarded). There were 2.24 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

The most common Masters Degree concentration at Erikson Institute is Early Childhood Education & Teaching (94 degrees awarded), followed by Child Development (24 degrees) and Social Work (21 degrees).

In 2022, 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 (56 degrees awarded), Education (98 degrees), and Public Administration and Social Service (21 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 (1,552,572 people), Secondary school teachers (432,889 people), Education administrators (253,883 people), Special education teachers (187,475 people), and Preschool & kindergarten teachers (183,731 people).

The most specialized majors at Erikson Institute in 2022 are Human Sciences (56 degrees awarded), Education (98 degrees), and Public Administration and Social Service (21 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 Erikson Institute are Cardiovascular technologists and technicians, Surgeons, Aircraft pilots & flight engineers, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Erikson Institute are Human Sciences (56 degrees awarded), Education (98 degrees), and Public Administration and Social Service (21 degrees) (as of 2022).

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 (2,726,165 people), Colleges, universities & professional schools, including junior colleges (222,236 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (155,972 people), Individual & family services (150,588 people), and Child day care services (123,476 people).

The most specialized majors at Erikson Institute are Human Sciences (56 degrees awarded), Education (98 degrees), and Public Administration and Social Service (21 degrees) (as of 2022).

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 (2022)

Early Childhood Education & Teaching
94 degrees awarded
Child Development
24 degrees awarded
Social Work
21 degrees awarded

In 2022, the most common masters degree concentration at Erikson Institute was Early Childhood Education & Teaching with 94 degrees awarded.

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

Sex Breakdown for Common Majors

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.

Most Common Male Majors

In 2022, 3 degrees were awarded to men at Erikson Institute in Early Childhood Education & Teaching, which is 0.0316 times less than the 95 female recipients with that same degree.

Most Common Female Majors

In 2022, 95 degrees were awarded to men at Erikson Institute in Early Childhood Education & Teaching, which is 31.7 times more than the 3 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
85 degrees awarded
Black or African American
38 degrees awarded
Hispanic or Latino
28 degrees awarded

The most common race/ethnicity at Erikson Institute is white (85 degrees awarded). There were 2.24 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

1.71% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
82 degrees awarded
Black or African American Female
36 degrees awarded
Hispanic or Latino Female
28 degrees awarded

The most common race/ethnicity and sex grouping at Erikson Institute is white female (82 degrees awarded). There were 2.28 times more white female recipients than the next closest race/ethnicity group, black or african american female (36 degrees).

Operations

Erikson Institute has an endowment valued at nearly $52.1M, as of the end of the 2022 fiscal year. The return on its endowment was of −46.3k (−0.0888%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Erikson Institute had a total salary expenditure of 23.2M. Erikson Institute employs 6 Associate professors, 6 Assistant professors and 4 Instructors. Most academics at Erikson Institute are Female Associate professor (6), Female Assistant professor (6), and Female Instructor (4).

The most common positions for non-instructional staff at Erikson Institute are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 56 employees, Office and Administrative Support, with 28 employees, and Management with 18 employees.

Endowment

$52.1M

2022 Endowment

7.98%

decline from 2021

Erikson Institute has an endowment valued at about $52.1M, as of the end of the 2022 fiscal year. The endowment of Erikson Institute declined 7.98% from the previous year. The value of their endowment was $40.4M 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.

Government Grants and Contracts

Grants & Contracts

$1.33M - Federal
$3.1M - State
$124k - Local

As of 2022, Erikson Institute received $1.33M in grants and contracts from the federal government, $3.1M from state grants and contracts, and $124k from local grants and contracts.

Salary Expenditure

$13.3M

2022 Salaries

1.82%

decline from 2021

In 2022, Erikson Institute paid a median of $13.3M in salaries, which represents 57.1% of their overall expenditure ($23.2M) and a 1.82% decline from the previous year. This is compared to a 2.52% decline between 2020 and 2021, and a 6.21% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$1.85M

Instructional Salaries

Number of Employees

In 2022, Erikson Institute paid a total of $1.85M to 20 employees working as instructors, which represents 14% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

6 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

56 Employees

In 2022, the most common positions for instructional staff at Erikson Institute were Associate professor with 6 employees, Assistant professor with 6 employees, and Instructor with 4 employees.

In 2022, the most common positions for non-instructional staff at Erikson Institute were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 56 employees, Office and Administrative Support with 28 employees, and Management with 18 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Associate professor
Female Assistant professor
Female Instructor

In 2022, the most common demographic for instructional staff at Erikson Institute was Female Associate professor with 6 employees, Female Assistant professor with 6 employees, and Female Instructor with 4 employees.

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

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