Laredo College

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2021 Undergraduate Tuition
$1,200
2021 Average Net Price
$5,780
After Financial Aid
2019 Student Loan
6.78%
Default Rate
2021 Enrolled Students
9,984
23.2% Full-Time
2021 Graduation Rate
36.6%
276 Graduates

About

Laredo College is a higher education institution located in Webb County, TX. In 2021, the most popular Associates Degree concentrations at Laredo College were General Studies (927 degrees awarded), Registered Nursing (48 degrees), and Criminal Justice - Safety Studies (32 degrees).

In 2021, 1,604 degrees were awarded across all undergraduate and graduate programs at Laredo College. 58.9% of these degrees were awarded to women, and 41.1% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (1,575 degrees), 92.6 times more than then the next closest race/ethnicity group, white (17 degrees).

The median undergraduate tuition at Laredo College is $1,200, which is $−6,768 less than the national average for Associates Colleges ($7,968).

dollarCosts

In 2021, the median undergraduate tuition at Laredo College is $1,200, which is $−6,768 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $5,780.

In 2021, 77% of undergraduate students attending Laredo College received financial aid through grants.

Tuition Costs

$1,200
2021 Undergraduate Tuition

In 2021, the cost of tuition at Laredo College was $1,200. The cost of tuition at Laredo College is $−6,768 less than than the overall (public and private) national average for Associates Colleges ($7,968).

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Average Net Price

$5,780
2021 Value
5.21%
1 Year Growth

In 2021 Laredo College had an average net price — the price paid after factoring in grants and loans — of $5,780. Between 2020 and 2021, the average net price of Laredo College grew by 5.21%.

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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

$5,762
Room and Board
$1,800
Books and Supplies

The average yearly cost of room and board at Laredo College was of $5,762 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,800. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

77%
Undergraduates Receiving Financial Aid through Grants

77% of undergraduate students at Laredo College received financial aid through grants or loans in 2021. This represents a growth of 79.1% with respect to 2020, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Laredo 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.

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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.
6.78%
2019 Default Rate
4
Number of Defaults

In 2019 the default rate for borrower's at Laredo College was 6.78%, which represents 4 out of the 59 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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bookEnrollment

Laredo College had a total enrollment of 9,984 students in 2021. The full-time enrollment at Laredo College is 2,316 students and the part-time enrollment is 7,668. This means that 23.2% of students enrolled at Laredo College are enrolled full-time.

The enrolled student population at Laredo College, both undergraduate and graduate, is 96.6% Hispanic or Latino, 1.81% White, 0.16% Asian, 0.13% Black or African American, 0.0801% American Indian or Alaska Native, and 0.02% Two or More Races.

Students enrolled at Laredo College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (56.7%), followed by Hispanic or Latino Male (39.5%) and White Male (1.12%).

Full-Time vs Part-Time Enrollment

23.2%
Full-Time Enrollment

The total enrollment at Laredo College in 2021, both undergraduate and graduate, is 9,984 students. The full-time enrollment at Laredo College is 2,316 and the part-time enrollment is 7,668. This means that 23.2% of students enrolled at Laredo College are enrolled full-time compared with 32.5% at similar Associates Colleges.

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

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Retention Rate over Time

68%
2018 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 Laredo College was 68%. Compared with the full-time retention rate at similar Associates Colleges (60%), Laredo College had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    9,649 enrolled students
  2. White
    181 enrolled students
  3. Asian
    16 enrolled students

The enrolled student population at Laredo College is 96.6% Hispanic or Latino, 1.81% White, 0.16% Asian, 0.13% Black or African American, 0.0801% American Indian or Alaska Native, and 0.02% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44.1% White, 26.8% Hispanic or Latino, and 12.5% Black or African American.

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learningGraduates

In 2021, 284 more women than men received degrees from Laredo College. The most common race/ethnicity group of degree recipients at Laredo College is hispanic or latino (1,575 degrees awarded). There were 92.6 times more hispanic or latino recipients than the next closest race/ethnicity group, white (17 degrees).

The most common Associates Degree concentration at Laredo College is General Studies (927 degrees awarded), followed by Registered Nursing (48 degrees) and Criminal Justice - Safety Studies (32 degrees).

In 2021,  the most specialized majors across all degree types at Laredo College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (927 degrees awarded), Precision Production (85 degrees), and Mechanical Technologies (112 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Laredo College are Elementary & middle school teachers (97,801 people), Other managers (69,421 people), Construction managers (42,659 people), Software developers (35,069 people), and Education administrators (26,286 people).

The most specialized majors at Laredo College in 2021 are Liberal Arts & Humanities (927 degrees awarded), Precision Production (85 degrees), Mechanical Technologies (112 degrees), Engineering Technologies (64 degrees), and Construction (15 degrees) (as of 2021).

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Highest Paying Jobs by Major

Highest Paying Job

The most specialized majors at Laredo College are Liberal Arts & Humanities (927 degrees awarded), Precision Production (85 degrees), Mechanical Technologies (112 degrees), Engineering Technologies (64 degrees), and Construction (15 degrees) (as of 2021).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Laredo College are Elementary & secondary schools (186,376 people), Construction (108,869 people), Computer Systems Design (61,463 people), Colleges, universities & professional schools, including junior colleges (55,004 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (48,481 people).

The most specialized majors at Laredo College are Liberal Arts & Humanities (927 degrees awarded), Precision Production (85 degrees), Mechanical Technologies (112 degrees), Engineering Technologies (64 degrees), and Construction (15 degrees) (as of 2021).

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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 Laredo College.
Most Common (2021)
  1. 927 degree-majors awarded
  2. 48 degree-majors awarded
  3. 32 degree-majors awarded

In 2021, the most common associates degree concentration at Laredo College was General Studies with 927 degrees awarded.

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

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Sex Breakdown for Common Majors

660
Degrees Awarded to Men
in 2021
944
Degrees Awarded to Women
in 2021

In 2021, 660 degrees were awarded to men at Laredo College, which is 0.699 times less than the number of degrees awarded to females (944).

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

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Most Common Male Majors

In 2021, 264 degrees were awarded to men at Laredo College in General Studies, which is 0.398 times less than the 663 female recipients with that same degree.

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Most Common Female Majors

In 2021, 663 degrees were awarded to men at Laredo College in General Studies, which is 2.51 times more than the 264 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Male
Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2021 at Laredo College is Male and White (50% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 0.725% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. Hispanic or Latino
    1,575 degrees awarded
  2. White
    17 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Laredo College is hispanic or latino (1,575 degrees awarded). There were 92.6 times more hispanic or latino recipients than the next closest race/ethnicity group, white (17 degrees).

0.374% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    928 degrees awarded
  2. Hispanic or Latino Male
    647 degrees awarded
  3. White Female
    9 degrees awarded

The most common race/ethnicity and sex grouping at Laredo College is hispanic or latino female (928 degrees awarded). There were 1.43 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (647 degrees).

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briefcaseOperations

Laredo College has an endowment valued at nearly $3.32M, as of the end of the 2021 fiscal year. The return on its endowment was of 531k (16%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Laredo College had a total salary expenditure of 107M. Laredo College employs 96 Professors, 27 Assistant professors and 25 Instructors. Most academics at Laredo College are Male Professor (52), Female Professor (44), and Female Instructor (14).

The most common positions for non-instructional staff at Laredo College are: Office and Administrative Support, with 106 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 74 employees, and Management with 65 employees.

Endowment

$3.32M
2021 Endowment
0.919%
growth from 2020

Laredo College has an endowment valued at about $3.32M, as of the end of the 2021 fiscal year. The endowment of Laredo College grew 0.919% from the previous year. The value of their endowment was $1.98M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Laredo 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: Mixed Transfer/Career & Technical-High Traditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $13.7M - Federal
  2. $1.41M - State
  3. $818k - Local

As of 2021, Laredo College received $13.7M in grants and contracts from the federal government, $1.41M from state grants and contracts, and $818k from local grants and contracts.

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Salary Expenditure

$34.2M
2021 Salaries
6.91%
decline from 2020

In 2021, Laredo College paid a median of $34.2M in salaries, which represents 32% of their overall expenditure ($107M) and a 6.91% decline from the previous year.

The median for similar Associates Colleges is 16.4M (41.6% of overall expenditures).

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Instructional Salaries

$10.7M
Instructional Salaries
161
Number of Employees

In 2021, Laredo College paid a total of $10.7M to 161 employees working as instructors, which represents 31.5% of all salaries paid.

This is compared to a median of $5.1M (31.2%) for similar Associates Colleges.

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Occupations by Share

Professor
Most Common Instructor
96 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
106 Employees

In 2021, the most common positions for instructional staff at Laredo College were Professor with 96 employees, Assistant professor with 27 employees, and Instructor with 25 employees.

In 2021, the most common positions for non-instructional staff at Laredo College were Office and Administrative Support with 106 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 74 employees, and Management with 65 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Professor
  2. Female Professor
  3. Female Instructor

In 2021, the most common demographic for instructional staff at Laredo College was Male Professor with 52 employees, Female Professor with 44 employees, and Female Instructor with 14 employees.

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

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