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Retention Update Susan Awbrey

Retention Update Susan Awbrey. Why Retain Students? Impact on student’s future - Life satisfaction and type of work - More career options - Better promotion opportunities - Higher lifetime earnings (Census Bureau 2006) * $1.2 million high school

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Retention Update Susan Awbrey

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  1. Retention Update Susan Awbrey

  2. Why Retain Students? • Impact on student’s future • - Life satisfaction and type of work • - More career options • - Better promotion opportunities • - Higher lifetime earnings (Census Bureau 2006) • * $1.2 million high school • * $1.6 million associates degree • * $2.1 million bachelors degree • Impact on society • - Michigan’s economy calls for more college graduates • - More educated citizenry provides better decision making • Cost to university

  3. Budgetary Impact of Retention • Per student increase = 32 credits X $309.50 + 60 credits X $338.25 = $30,199* • Based on in-state tuition • Note: it takes 3 students who stay for only their first year to equal the amount of funding received from 1 graduate.

  4. How Does OU’s Retention Compare with Other Michigan Public Universities?

  5. Freshman to Sophomore Retention Rate 2011 College Board Handbook

  6. Oakland University First Year Retention Based on OIRA Data

  7. 6-Year Graduation Rates (2011 College Board Handbook)

  8. Poor retention has at least two main sources: • Type of students • Engagement of Students

  9. Type of Students

  10. Percent of New Students Entering Michigan Public Universities HS GPA 3.0 or Higher (2011 College Board Handbook/Data Older)

  11. Percent of Oakland University Incoming FTIACs with 3.0 High School GPA or Above Based on OIRA Data

  12. First Year Retention RatesOU 2009 FTIACs

  13. 6-Year Graduation Rates by HS GPA of Latest Cohort

  14. Institution’s Median Composite ACT Score for New Students Entering Michigan Public Universities (Barrons College Profiles)

  15. Why is just changing admissions criteria alone is not enough? • Raising entrance criteria eliminates less qualified students, but • doesn’t attract better students. • If done in isolation, it impacts funding needed to run institution • and to acquire resources to provide a quality education. • May negatively impact other goals

  16. FTIAC Demographic Changes 2004-2010 Increases Among New Students OU 6-Year Graduation Rates of Most Recent Available To retain students and improve graduation rates need to pay attention to support needs of demographic groups recruited.

  17. Identify Barriers to Student Retention Identify Measures that Can Be Taken Identify Who Can Address Barriers University Student Retention Committee Charge

  18. Institutional Barriers Faculty Barriers Student Barriers Barrier Types

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