New England College of Optometry

www.neco.edu

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2021 Default Rate

on Student Loans

2023 Enrolled Students

529

99.6% Full-Time

About

New England College of Optometry is a higher education institution located in Suffolk County, MA. In 2023, the most popular Professional Doctorate concentrations at New England College of Optometry were Optometry (136 degrees awarded).

In 2023, 143 degrees were awarded across all undergraduate and graduate programs at New England College of Optometry. 78.3% of these degrees were awarded to women, and 21.7% awarded men. The most common race/ethnicity group of degree recipients was white (42 degrees), 1.05 times more than then the next closest race/ethnicity group, asian (40 degrees).

In 2021 the default rate for borrower's at New England College of Optometry was 0%, corresponding to 0 out of the 104 total borrowers.

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

Costs

Tuition Costs

2023 Undergraduate Tuition

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

This chart compares the tuition costs of New England College of Optometry (in red) with those of other similar universities.

Other Student Expenses

The average yearly cost of room and board at New England College of Optometry was of $0 in 2023. The cost of room and board remained the same by NaNk% between 2022 and 2023.

This chart compares the average student costs at New England College of Optometry (in red) with that of similar universities.

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.

2021 Default Rate

Number of Defaults

In 2021 the default rate for borrower's at New England College of Optometry was 0%, which represents 0 out of the 104 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

New England College of Optometry had a total enrollment of 529 students in 2023. The full-time enrollment at New England College of Optometry is 527 students and the part-time enrollment is 2. This means that 99.6% of students enrolled at New England College of Optometry are enrolled full-time.

The enrolled student population at New England College of Optometry, both undergraduate and graduate, is 32.5% White, 24% Asian, 4.73% Hispanic or Latino, 3.59% Black or African American, 2.08% Two or More Races, and 0.378% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (24.8%), followed by Asian Female (18.9%) and White Male (7.34%).

Full-Time vs Part-Time Enrollment

99.6%

Full-Time Enrollment

The total enrollment at New England College of Optometry in 2023, both undergraduate and graduate, is 529 students. The full-time enrollment at New England College of Optometry is 527 and the part-time enrollment is 2. This means that 99.6% of students enrolled at New England College of Optometry are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
172 enrolled students
Asian
127 enrolled students
Hispanic or Latino
25 enrolled students

The enrolled student population at New England College of Optometry is 32.5% White, 24% Asian, 4.73% Hispanic or Latino, 3.59% Black or African American, 2.08% Two or More Races, and 0.378% 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 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, 5 students (0.945%) did not report their race.

Graduates

In 2023, 81 more women than men received degrees from New England College of Optometry. The most common race/ethnicity group of degree recipients at New England College of Optometry is white (42 degrees awarded). There were 1.05 times more white recipients than the next closest race/ethnicity group, asian (40 degrees).

The most common Professional Doctorate concentration at New England College of Optometry is Optometry (136 degrees awarded).

In 2023, the most specialized majors across all degree types at New England College of Optometry, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (138 degrees awarded) and Biology (5 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New England College of Optometry are Registered nurses (1,524,472 people), Physicians (497,530 people), Medical & health services managers (196,765 people), Pharmacists (195,011 people), and Other managers (171,604 people).

The most specialized majors at New England College of Optometry in 2023 are Health (138 degrees awarded) and Biology (5 degrees) (as of 2023).

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 New England College of Optometry are Surgeons, Physicians, Chief executives & legislators, Nurse anesthetists, and Dentists

The most specialized majors at New England College of Optometry are Health (138 degrees awarded) and Biology (5 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New England College of Optometry are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,980,722 people), Colleges, universities & professional schools, including junior colleges (388,633 people), Offices of physicians (386,113 people), Elementary & secondary schools (369,484 people), and uninformed (363,309 people).

The most specialized majors at New England College of Optometry are Health (138 degrees awarded) and Biology (5 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New England College of Optometry.

Optometry

Most Common (2023)

136 degrees awarded

In 2023, the most common professional doctorate concentration at New England College of Optometry was Optometry with 136 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from professional doctorate programs at New England College of Optometry according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

112

Degrees Awarded to Women

in 2023

In 2023, 31 degrees were awarded to men at New England College of Optometry, which is 0.277 times less than the number of degrees awarded to females (112).

This chart displays the sex disparity between the top 5 majors at New England College of Optometry by degrees awarded.

Most Common Male Majors

In 2023, 31 degrees were awarded to men at New England College of Optometry in Optometry, which is 0.295 times less than the 105 female recipients with that same degree.

Most Common Female Majors

In 2023, 105 degrees were awarded to men at New England College of Optometry in Optometry, which is 3.39 times more than the 31 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
42 degrees awarded
Asian
40 degrees awarded
Two or More Races
4 degrees awarded

The most common race/ethnicity at New England College of Optometry is white (42 degrees awarded). There were 1.05 times more white recipients than the next closest race/ethnicity group, asian (40 degrees).

2.8% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
36 degrees awarded
Asian Female
34 degrees awarded
White Male
6 degrees awarded

The most common race/ethnicity and sex grouping at New England College of Optometry is white female (36 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, asian female (34 degrees).

Operations

New England College of Optometry has an endowment valued at nearly $11M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.8M (34.4%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, New England College of Optometry had a total salary expenditure of 28.1M. New England College of Optometry employs 20 Assistant professors, 17 Associate professors and 7 Professors. Most academics at New England College of Optometry are Female Assistant professor (15), Female Associate professor (12), and Male Associate professor (5).

The most common positions for non-instructional staff at New England College of Optometry are: Management, with 26 employees, Office and Administrative Support, with 20 employees, and Service with 16 employees.

Endowment

$11M

2023 Endowment

3.18%

growth from 2022

New England College of Optometry has an endowment valued at about $11M, as of the end of the 2023 fiscal year. The endowment of New England College of Optometry grew 3.18% from the previous year. The value of their endowment was $1.42M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at New England College of Optometry (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 Health Professions Schools Carnegie Classification grouping.

Salary Expenditure

$15.3M

2023 Salaries

2.07%

growth from 2022

In 2023, New England College of Optometry paid a median of $15.3M in salaries, which represents 54.5% of their overall expenditure ($28.1M) and a 2.07% growth from the previous year. This is compared to a 7.06% growth between 2021 and 2022, and a 3.77% growth between 2020 and 2021.

Instructional Salaries

$5.78M

Instructional Salaries

Number of Employees

In 2023, New England College of Optometry paid a total of $5.78M to 44 employees working as instructors, which represents 37.7% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

20 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2023, the most common positions for instructional staff at New England College of Optometry were Assistant professor with 20 employees, Associate professor with 17 employees, and Professor with 7 employees.

In 2023, the most common positions for non-instructional staff at New England College of Optometry were Management with 26 employees, Office and Administrative Support with 20 employees, and Service with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Associate professor
Male Associate professor

In 2023, the most common demographic for instructional staff at New England College of Optometry was Female Assistant professor with 15 employees, Female Associate professor with 12 employees, and Male Associate professor with 5 employees.

This chart shows the sex split between each academic rank present at New England College of Optometry.

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