Table 15. Graduation rates within 150 percent of normal program completion time at Title IV 2-year and less-than-2-year institutions among students who started as full-time, first-time degree/certificate-seeking undergraduate students, by level and control of institution: United States, cohort years 2012, 2015, and 2018 | ||||
---|---|---|---|---|
Level and control of institution | Cohort year 2012 | Cohort year 2015 | Cohort year 2018 | |
2-year institutions | ||||
Public | 23.6 | 28.7 | 31.4 | |
Private nonprofit | 57.3 | 62.6 | 61.1 | |
Private for-profit | 61.2 | 62.2 | 61.2 | |
Less-than-2-year institutions | ||||
Public | 74.6 | 71.5 | 70.4 | |
Private nonprofit | 69.2 | 74.2 | 72.6 | |
Private for-profit | 67.4 | 68.3 | 68.1 |
NOTE: Title IV institutions are those with a written agreement with the U.S. Department of Education that allows the institution to participate in any of the Title IV federal student financial assistance programs. United States includes the 50 states and the District of Columbia. The rates in this table reflect graduation rates at institutions regardless of the length of programs, unless otherwise indicated. The graduation rate was calculated as required for disclosure and reporting purposes under the Student Right-to-Know Act. This rate was calculated no later than August 31, 2021 as the total number of completers within 150 percent of normal time (e.g., "normal" program completion time for a bachelor's degree would be 4 years) at the same institution where the student started divided by the adjusted cohort (revised cohort minus any allowable exclusions). For institutions following a semester, trimester, 4-1-4, or other academic year calendar system, the revised cohort is the number of students entering the institution as full-time, first-time degree- or certificate-seeking undergraduates in the fall of the cohort year. For institutions following calendars that differ by program or allow continuous enrollment, the revised cohort is the number of students entering the institution as full-time, first-time degree- or certificate-seeking undergraduates from September 1 of the cohort year through August 31 of the following year. Allowable exclusions include those students who died or were totally and permanently disabled; students who left school to serve in the armed forces (or have been called up to active duty); those who left to serve with a foreign aid service of the federal government, such as the Peace Corps; and those who left to serve on official church missions. Definitions for terms used in this table may be found in the collection year's archived downloadable glossary located at https://nces.ed.gov/ipeds/use-the-data/annual-survey-forms-packages-archived?year=2021.
SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Winter 2015–16, 2018–19, and 2021–22, Graduation Rates component (final data).