Lakeshore Technical College

www.gotoltc.edu/

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2021 Undergraduate Tuition

$3,868

2.35% growth from 2020

2021 Average Net Price

$10,474

After Financial Aid

2019 Student Loan

3.45%

Default Rate

2021 Enrolled Students

2,322

20.8% Full-Time

2021 Graduation Rate

51.7%

104 Graduates

About

Lakeshore Technical College is a higher education institution located in Manitowoc County, WI. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lakeshore Technical College were General Human Resources Management & Personnel Administration (35 degrees awarded), Medical Assistant (24 degrees), and Accounting Technology & Bookkeeping (22 degrees).

In 2021, 1,004 degrees were awarded across all undergraduate and graduate programs at Lakeshore Technical College. 60% of these degrees were awarded to women, and 40% awarded men. The most common race/ethnicity group of degree recipients was white (822 degrees), 10.3 times more than then the next closest race/ethnicity group, asian (80 degrees).

The median undergraduate tuition at Lakeshore Technical College is $3,868, which is $−4,100 less than the national average for Associates Colleges ($7,968).

Associates Colleges: High Career & Technical-High Nontraditional Associates Colleges

Costs

In 2021, the median undergraduate tuition at Lakeshore Technical College is $3,868, which is $−4,100 less than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $10,474.

In 2021, 43% of undergraduate students attending Lakeshore Technical College received financial aid through grants. Comparatively, 19% of undergraduate students received financial aid through loans.

Tuition Costs

$3,868

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lakeshore Technical College was $3,868. The cost of tuition at Lakeshore Technical College is $−4,100 less than than the overall (public and private) national average for Associates Colleges ($7,968).

This chart compares the tuition costs of Lakeshore Technical College (in red) with those of other similar universities.

Average Net Price

$10,474

2021 Value

23.3%

1 Year Growth

In 2021 Lakeshore Technical College had an average net price — the price paid after factoring in grants and loans — of $10,474. Between 2020 and 2021, the average net price of Lakeshore Technical College grew by 23.3%.

This chart compares the average net price of Lakeshore Technical College (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.

Other Student Expenses

$7,636

Room and Board

$1,974

Books and Supplies

The average yearly cost of room and board at Lakeshore Technical College was of $7,636 in 2021. The cost of room and board increased by 1.65% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,974. The cost of books and supplies decreased by 2.08% during the same period.

This chart compares the average student costs at Lakeshore Technical College (in red) with that of similar universities.

Financial Aid by Income Level

43%

Undergraduates Receiving Financial Aid through Grants

19%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at Lakeshore Technical College received financial aid through grants or loans in 2021. This represents a growth of 13.2% with respect to 2020, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at Lakeshore Technical 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.

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.

3.45%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lakeshore Technical College was 3.45%, which represents 17 out of the 493 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

Lakeshore Technical College had a total enrollment of 2,322 students in 2021. The full-time enrollment at Lakeshore Technical College is 483 students and the part-time enrollment is 1,839. This means that 20.8% of students enrolled at Lakeshore Technical College are enrolled full-time.

The enrolled student population at Lakeshore Technical College, both undergraduate and graduate, is 75.9% White, 8.74% Asian, 7.41% Hispanic or Latino, 2.8% Black or African American, 2.41% Two or More Races, 0.517% American Indian or Alaska Native, and 0.0861% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lakeshore Technical College in full-time Undergraduate programs are most commonly White Male (37.3%), followed by White Female (36%) and Asian Male (6.42%).

Full-Time vs Part-Time Enrollment

20.8%

Full-Time Enrollment

The total enrollment at Lakeshore Technical College in 2021, both undergraduate and graduate, is 2,322 students. The full-time enrollment at Lakeshore Technical College is 483 and the part-time enrollment is 1,839. This means that 20.8% of students enrolled at Lakeshore Technical 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 Lakeshore Technical College (in red) compares to similar universities.

Retention Rate over Time

65%

2021 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 Lakeshore Technical College was 65%. Compared with the full-time retention rate at similar Associates Colleges (60%), Lakeshore Technical College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,762 enrolled students
Asian
203 enrolled students
Hispanic or Latino
172 enrolled students

The enrolled student population at Lakeshore Technical College is 75.9% White, 8.74% Asian, 7.41% Hispanic or Latino, 2.8% Black or African American, 2.41% Two or More Races, 0.517% American Indian or Alaska Native, and 0.0861% Native Hawaiian or Other Pacific Islanders. 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.

Graduates

In 2021, 200 more women than men received degrees from Lakeshore Technical College. The most common race/ethnicity group of degree recipients at Lakeshore Technical College is white (822 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, asian (80 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lakeshore Technical College is General Human Resources Management & Personnel Administration (35 degrees awarded), followed by Medical Assistant (24 degrees) and Accounting Technology & Bookkeeping (22 degrees).

In 2021, the most specialized majors across all degree types at Lakeshore Technical College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Precision Production (87 degrees awarded), Agriculture (44 degrees), and Engineering Technologies (89 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 Lakeshore Technical College are Registered nurses (1,339,755 people), Medical & health services managers (149,146 people), Pharmacists (132,886 people), Nurse practitioners & nurse midwives (132,370 people), and Other managers (114,068 people).

The most specialized majors at Lakeshore Technical College in 2021 are Precision Production (87 degrees awarded), Agriculture (44 degrees), Engineering Technologies (89 degrees), Mechanical Technologies (82 degrees), and Science Technologies (3 degrees) (as of 2021).

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 Lakeshore Technical College are Cardiovascular technologists and technicians, Surgeons, Nurse anesthetists, Physicians, and Chief executives & legislators

The most specialized majors at Lakeshore Technical College are Precision Production (87 degrees awarded), Agriculture (44 degrees), Engineering Technologies (89 degrees), Mechanical Technologies (82 degrees), and Science Technologies (3 degrees) (as of 2021).

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 Lakeshore Technical College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,467,723 people), Elementary & secondary schools (243,424 people), Outpatient care centers (220,570 people), Offices of physicians (197,200 people), and Colleges, universities & professional schools, including junior colleges (163,196 people).

Majors Awarded

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

Most Common (2021)

Registered Nursing
33 degree-majors awarded
General Business Administration & Management
30 degree-majors awarded
General Human Resources Management & Personnel Administration
29 degree-majors awarded

In 2021, the most common associates degree concentration at Lakeshore Technical College was Registered Nursing with 33 degrees awarded.

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

Sex Breakdown for Common Majors

402

Degrees Awarded to Men

in 2021

602

Degrees Awarded to Women

in 2021

In 2021, 402 degrees were awarded to men at Lakeshore Technical College, which is 0.668 times less than the number of degrees awarded to females (602).

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

Most Common Male Majors

In 2021, 42 degrees were awarded to men at Lakeshore Technical College in Industrial Mechanics & Maintenance Technology. There were no female recipients with the same degree.

Most Common Female Majors

In 2021, 113 degrees were awarded to men at Lakeshore Technical College in Nursing Assistant & Patient Care Assistant, which is 5.65 times more than the 20 male recipients with that same degree.

Time to Complete

36%

100% Completion Time

51%

150% Completion Time

In 2021, 36% of students graduating from Lakeshore Technical College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 59% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Lakeshore Technical College is Male and Black or African American (100% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
822 degrees awarded
Asian
80 degrees awarded
Hispanic or Latino
57 degrees awarded

The most common race/ethnicity at Lakeshore Technical College is white (822 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, asian (80 degrees).

1.1% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
491 degrees awarded
White Male
331 degrees awarded
Asian Female
45 degrees awarded

The most common race/ethnicity and sex grouping at Lakeshore Technical College is white female (491 degrees awarded). There were 1.48 times more white female recipients than the next closest race/ethnicity group, white male (331 degrees).

Operations

Lakeshore Technical College has an endowment valued at nearly $1.04M, as of the end of the 2021 fiscal year. The return on its endowment was of 11.6k (1.12%) compared to the 1.65% average return (87.6k on 5.29M) across all Associates Colleges.

In 2021, Lakeshore Technical College had a total salary expenditure of 38.7M. Lakeshore Technical College employs 100 Instructors. Most academics at Lakeshore Technical College are Female Instructor (54), and Male Instructor (46).

The most common positions for non-instructional staff at Lakeshore Technical College are: Management, with 57 employees, Office and Administrative Support, with 40 employees, and Computer, Engineering, and Science with 18 employees.

Endowment

$1.04M

2021 Endowment

8.44%

growth from 2020

Lakeshore Technical College has an endowment valued at about $1.04M, as of the end of the 2021 fiscal year. The endowment of Lakeshore Technical College grew 8.44% from the previous year. The value of their endowment was $4.25M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lakeshore Technical 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: High Career & Technical-High Nontraditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$1.71M - Federal
$1.29M - State
$6.75k - Local

As of 2021, Lakeshore Technical College received $1.71M in grants and contracts from the federal government, $1.29M from state grants and contracts, and $6.75k from local grants and contracts.

Salary Expenditure

$15.6M

2021 Salaries

5.94%

decline from 2020

In 2021, Lakeshore Technical College paid a median of $15.6M in salaries, which represents 40.2% of their overall expenditure ($38.7M) and a 5.94% decline from the previous year.

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

Instructional Salaries

$7.27M

Instructional Salaries

100

Number of Employees

In 2021, Lakeshore Technical College paid a total of $7.27M to 100 employees working as instructors, which represents 46.7% of all salaries paid.

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

Occupations by Share

Instructor

Most Common Instructor

100 Employees

Management

Most Common Non-Instructional Employee

57 Employees

In 2021, the most common positions for instructional staff at Lakeshore Technical College was Instructor with 100 employees.

In 2021, the most common positions for non-instructional staff at Lakeshore Technical College were Management with 57 employees, Office and Administrative Support with 40 employees, and Computer, Engineering, and Science with 18 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Instructor

In 2021, the most common demographic for instructional staff at Lakeshore Technical College was Female Instructor with 54 employees, and Male Instructor with 46 employees.

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