Cohort Default Rates or Graduation Performance Rank as College Quality Indicator? (Calling LA, MA, MO, NM, NC, WA residents especially!)

As mentioned above, and due to my own experience in public education, I know that certain factors are more of an indicator of the financial background of students and not so much what we think/hope it might be measuring. For instance, most analyses show that there is a very direct correlation between standardized test scores and family incomes. However, when looking at students’ growth on standardized tests (at least our state standardized tests), there is no correlation with family income. So a student can grow a lot or regress a lot, and there is no correlation to their income. Basically, it’s a way to assess the effectiveness of the instruction without the very real impact of family income coming into play.

As it appears that family income is likely a very big factor in the default rates (particularly since the default rates are not restricted to those who received their degree), I’ve been thinking about other possible ways to measure an institution’s effectiveness that (hopefully) is not as closely linked to income. The Wall Street Journal released its college rankings recently and one of the factors it included related to expected graduation rates (see thread). Although I am unable to read the WSJ’s details (not a subscriber), the Washington Monthly also produces college rankings AND it allows the data to be downloaded. Its 2023 guide & rankings are out, and the methodology section explains the graduation performance rank, which I partially use below.

Half of that score was determined by the reported graduation rate and the other half came from comparing the reported graduation rate to a predicted graduation rate based on the percentage of Pell recipients, the percentage of students receiving student loans, the admit rate, the racial/ethnic and gender makeup of the student body, the number of students (overall and full-time), and whether a college is primarily residential. We estimated this predicted graduation rate measure in a regression model separately for each classification using average data from the last three years, imputing for missing data when necessary. Colleges with graduation rates that are higher than the “average” college with similar stats score better than colleges that match or, worse, undershoot the mark.

Washington Monthly divided its lists by the categories National, Liberal Arts, Bachelor’s, and Master’s, so the rankings don’t necessarily correspond well to one another within a state when the school is in a different category. Thus, for the state comparisons, I’ve calculated the difference between the actual graduation rate and the predicted graduation rate and sorted them from biggest (positive) difference to lowest. The rank data for the category is still included.

As you look through the data (or look at the general data on WM’s website, or your state’s data), I’d love for people to think about the same questions as before, but substituting the the graduation rate performance gap metric for the default rate:

  • Do you see a relationship between the school’s graduation rate performance gap and the school’s reputation for quality in the state?
  • In your experiences of dealing with the alumni from the various universities, do you see a relationship between how well you thought of them (work/thought quality) as compared to the graduation rate performance gaps?
  • Basically, do the graduation rate performance gaps surprise you? Confirm what you’ve seen in real life? Or do you think the graduation rate performance gaps have no correlation to the quality of education received?
  • If you were to use a graduation rate performance gap as a filter on schools, where would you draw the line when considering schools for anyone you’d give guidance to…-2% -5%? -10%? -15%? Doesn’t matter?
  • NEW: When looking at graduation rate performance gaps, is there a percentage where you would say, “Wow, I really need to look into that school,” that you wouldn’t have considered before? (+5%, +10%, +15%, doesn’t matter)

Without further ado, here are the state-by-state tables for Louisiana, Massachusetts, Missouri, New Mexico, North Carolina, and Washington. The tables don’t align perfectly with the ones from #1 as some schools (probably the community colleges in WA were excluded by WM).

LOUISIANA

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
105 Grambling State LA 41% 34% Master’s 7%
155 Southern A&M LA 39% 37% National 2%
216 LSU-Baton Rouge LA 68% 68% National 0%
338 Southern U.-New Orleans LA 34% 35% Master’s -1%
368 Northwestern State U. of LA LA 41% 43% Master’s -2%
322 U. of Louisiana-Monroe LA 48% 51% National -3%
168 LSU-Alexandria LA 31% 36% Bachelor’s -5%
371 U. of Louisiana-Lafayette LA 52% 58% National -6%
472 Nicholls State LA 47% 53% Master’s -6%
466 McNeese State LA 47% 53% Master’s -6%
485 Southeastern Louisiana U. LA 42% 49% Master’s -7%
423 Louisiana Tech LA 52% 63% National -11%
420 U. of New Orleans LA 43% 54% National -11%
571 LSU-Shreveport LA 35% 48% Master’s -13%

MASSACHUSETTS

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
16 MA Maritime Academy MA 79% 62% Master’s 17%
95 Westfield State MA 65% 57% Master’s 8%
111 Bridgewater State MA 62% 55% Master’s 7%
26 Mass. College of Liberal Arts MA 60% 54% Liberal Arts 6%
154 Salem State MA 62% 57% Master’s 5%
181 Fitchburg State MA 59% 55% Master’s 4%
151 U. Mass-Amherst MA 79% 76% National 3%
240 Framingham State MA 60% 58% Master’s 2%
314 Worcester State MA 60% 61% Master’s -1%
270 U. Mass-Dartmouth MA 55% 57% National -2%
328 U. Mass-Boston MA 57% 61% National -4%
357 U. Mass-Lowell MA 61% 66% National -5%

MISSOURI

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
69 U. of Missouri-St. Louis MO 58% 51% National 7%
187 Truman State MO 72% 68% Master’s 4%
199 MO Univ. of Science & Tech. MO 70% 69% National 1%
180 Missouri State-Springfield MO 57% 56% National 1%
329 U. of Central Missouri MO 54% 54% Master’s 0%
257 U. of Missouri-Columbia MO 69% 71% National -2%
354 U. of Missouri-Kansas City MO 53% 57% National -4%
458 Missouri Southern State MO 40% 45% Master’s -5%
440 Southeast Missouri State MO 49% 54% Master’s -5%
471 Northwest Missouri State MO 52% 58% Master’s -6%
195 Lincoln MO 27% 35% Bachelor’s -8%
212 Harris-Stowe MO 18% 28% Bachelor’s -10%
577 Missouri Western State MO 34% 48% Master’s -14%

NEW MEXICO

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
284 New Mexico Highlands NM 41% 40% Master’s 1%
198 U. of New Mexico NM 52% 52% National 0%
450 Eastern New Mexico NM 45% 50% Master’s -5%
408 New Mexico State NM 53% 61% National -8%
529 Western New Mexico NM 34% 43% Master’s -9%
558 New Mexico Inst. of Mining & Tech NM 55% 66% Master’s -11%

NORTH CAROLINA

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
1 Winston-Salem State NC 63% 39% National 24%
17 East Carolina NC 67% 56% National 11%
56 UNC-Pembroke NC 46% 36% Master’s 10%
35 Elizabeth City State NC 44% 35% Bachelor’s 9%
73 Appalachian State NC 74% 65% Master’s 9%
87 North Carolina Central NC 49% 41% Master’s 8%
74 UNC-Chapel Hill NC 90% 84% National 6%
127 Fayetteville State NC 44% 38% Master’s 6%
111 Western Carolina NC 65% 60% National 5%
86 North Carolina A&T NC 51% 46% National 5%
102 UNC-Wilmington NC 72% 67% National 5%
122 UNC-Greensboro NC 58% 54% National 4%
146 North Carolina State NC 81% 78% National 3%
308 UNC-Charlotte NC 61% 63% National -2%
158 UNC-Asheville NC 63% 67% Liberal Arts -4%

WASHINGTON

Graduation Rate Performance Rank School State 8-year graduation rate Predicted Graduation Rate Category Difference Between Actual & Expected Graduation Rate
24 U. of Washington-Tacoma WA 75% 60% Master’s 15%
28 Evergreen State WA 66% 52% Master’s 14%
96 Western Washington WA 73% 66% Master’s 7%
99 Central Washington WA 63% 56% Master’s 7%
148 U. of Washington-Bothell WA 78% 73% Master’s 5%
121 U. of Washington-Seattle WA 84% 80% National 4%
175 Eastern Washington WA 58% 54% Master’s 4%
177 Washington State WA 65% 63% National 2%
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