New England College of Optometry

www.neco.edu

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2020 Default Rate

on Student Loans

2022 Enrolled Students

536

100% Full-Time

About

New England College of Optometry is a higher education institution located in Suffolk County, MA. In 2022, the most popular Professional Doctorate concentrations at New England College of Optometry were Optometry (118 degrees awarded).

In 2022, 127 degrees were awarded across all undergraduate and graduate programs at New England College of Optometry. 72.4% of these degrees were awarded to women, and 27.6% awarded men. The most common race/ethnicity group of degree recipients was white (44 degrees), 1.63 times more than then the next closest race/ethnicity group, asian (27 degrees).

In 2020 the default rate for borrower's at New England College of Optometry was 0%, corresponding to 0 out of the 92 total borrowers.

Special Focus Four-Year: Other Health Professions Schools 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 New England College of Optometry was 0%, which represents 0 out of the 92 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 536 students in 2022. The full-time enrollment at New England College of Optometry is 536 students and the part-time enrollment is 0. This means that 100% 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 31.9% White, 24.3% Asian, 4.66% Hispanic or Latino, 3.36% Black or African American, 2.05% Two or More Races, and 0.373% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (25.4%), followed by Asian Female (19%) and White Male (6.53%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at New England College of Optometry in 2022, both undergraduate and graduate, is 536 students. The full-time enrollment at New England College of Optometry is 536 and the part-time enrollment is 0. This means that 100% of students enrolled at New England College of Optometry 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 New England College of Optometry (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
171 enrolled students
Asian
130 enrolled students
Hispanic or Latino
25 enrolled students

The enrolled student population at New England College of Optometry is 31.9% White, 24.3% Asian, 4.66% Hispanic or Latino, 3.36% Black or African American, 2.05% Two or More Races, and 0.373% 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, 7 students (1.31%) did not report their race.

Graduates

In 2022, 57 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 (44 degrees awarded). There were 1.63 times more white recipients than the next closest race/ethnicity group, asian (27 degrees).

The most common Professional Doctorate concentration at New England College of Optometry is Optometry (118 degrees awarded).

In 2022, 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 (118 degrees awarded) and Biology (9 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 (1,462,841 people), Physicians (492,036 people), Pharmacists (191,319 people), Medical & health services managers (190,544 people), and Other managers (159,072 people).

The most specialized majors at New England College of Optometry in 2022 are Health (118 degrees awarded) and Biology (9 degrees) (as of 2022).

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, Podiatrists, and Dentists

The most specialized majors at New England College of Optometry are Health (118 degrees awarded) and Biology (9 degrees) (as of 2022).

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 (1,910,129 people), Offices of physicians (386,323 people), Colleges, universities & professional schools, including junior colleges (375,002 people), Elementary & secondary schools (354,861 people), and Outpatient care centers (319,886 people).

The most specialized majors at New England College of Optometry are Health (118 degrees awarded) and Biology (9 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 New England College of Optometry.

Optometry

Most Common (2022)

118 degrees awarded

In 2022, the most common professional doctorate concentration at New England College of Optometry was Optometry with 118 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 2022

Degrees Awarded to Women

in 2022

In 2022, 35 degrees were awarded to men at New England College of Optometry, which is 0.38 times less than the number of degrees awarded to females (92).

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 2022, 30 degrees were awarded to men at New England College of Optometry in Optometry, which is 0.341 times less than the 88 female recipients with that same degree.

Most Common Female Majors

In 2022, 88 degrees were awarded to men at New England College of Optometry in Optometry, which is 2.93 times more than the 30 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
44 degrees awarded
Asian
27 degrees awarded
Hispanic or Latino
5 degrees awarded

The most common race/ethnicity at New England College of Optometry is white (44 degrees awarded). There were 1.63 times more white recipients than the next closest race/ethnicity group, asian (27 degrees).

4.72% of degree recipients (6 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
32 degrees awarded
Asian Female
17 degrees awarded
White Male
12 degrees awarded

The most common race/ethnicity and sex grouping at New England College of Optometry is white female (32 degrees awarded). There were 1.88 times more white female recipients than the next closest race/ethnicity group, asian female (17 degrees).

Operations

New England College of Optometry has an endowment valued at nearly $10.7M, as of the end of the 2022 fiscal year. The return on its endowment was of −6.06M (−56.7%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, New England College of Optometry had a total salary expenditure of 27.7M. New England College of Optometry employs 27 Assistant professors, 9 Associate professors and 8 Professors. Most academics at New England College of Optometry are Female Assistant professor (20), Male Assistant professor (7), and Female Associate professor (6).

The most common positions for non-instructional staff at New England College of Optometry are: Management, with 21 employees, Office and Administrative Support, with 20 employees, and Business and Financial Operations with 14 employees.

Endowment

$10.7M

2022 Endowment

14.3%

decline from 2021

New England College of Optometry has an endowment valued at about $10.7M, as of the end of the 2022 fiscal year. The endowment of New England College of Optometry declined 14.3% from the previous year. The value of their endowment was $960k 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

$15M

2022 Salaries

7.06%

growth from 2021

In 2022, New England College of Optometry paid a median of $15M in salaries, which represents 54.2% of their overall expenditure ($27.7M) and a 7.06% growth from the previous year. This is compared to a 3.77% growth between 2020 and 2021, and a 0.495% growth between 2019 and 2020.

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

Instructional Salaries

$5.43M

Instructional Salaries

Number of Employees

In 2022, New England College of Optometry paid a total of $5.43M to 44 employees working as instructors, which represents 36.1% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

27 Employees

Management

Most Common Non-Instructional Employee

21 Employees

In 2022, the most common positions for instructional staff at New England College of Optometry were Assistant professor with 27 employees, Associate professor with 9 employees, and Professor with 8 employees.

In 2022, the most common positions for non-instructional staff at New England College of Optometry were Management with 21 employees, Office and Administrative Support with 20 employees, and Business and Financial Operations with 14 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Assistant professor
Female Associate professor

In 2022, the most common demographic for instructional staff at New England College of Optometry was Female Assistant professor with 20 employees, Male Assistant professor with 7 employees, and Female Associate professor with 6 employees.

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

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