Taylor Business Institute

www.tbiil.edu/

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2021 Undergraduate Tuition

$10,350

2021 Average Net Price

$13,370

After Financial Aid

2019 Student Loan

17.8%

Default Rate

2021 Acceptance Rate

89.1%

230 Applicants

2021 Enrolled Students

231

100% Full-Time

2021 Graduation Rate

68.2%

144 Graduates

About

Taylor Business Institute is a higher education institution located in Cook County, IL. In 2021, the most popular Associates Degree concentrations at Taylor Business Institute were Accounting Technology & Bookkeeping (44 degrees awarded), Health Information & Medical Records Technology (16 degrees), and Electrical, Electronic, & Communications Engineering Technology (15 degrees).

In 2021, 83 degrees were awarded across all undergraduate and graduate programs at Taylor Business Institute. 48.2% of these degrees were awarded to women, and 51.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (13 degrees), 13 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

The median undergraduate tuition at Taylor Business Institute is $10,350, which is $2,382 more than the national average for Associates Colleges ($7,968).

Associates Colleges: Mixed Transfer/Career & Technical-High Nontraditional Associates Colleges

Costs

In 2021, the median undergraduate tuition at Taylor Business Institute is $10,350, which is $2,382 more than the national average for Associates Colleges ($7,968).

After taking grants and loans into account, the average net price for students is $13,370.

In 2021, 24% of undergraduate students attending Taylor Business Institute received financial aid through grants. Comparatively, 23% of undergraduate students received financial aid through loans.

Tuition Costs

$10,350

2021 Undergraduate Tuition

In 2021, the cost of tuition at Taylor Business Institute was $10,350. The cost of tuition at Taylor Business Institute is $2,382 more than than the overall (public and private) national average for Associates Colleges ($7,968).

This chart compares the tuition costs of Taylor Business Institute (in red) with those of other similar universities.

Average Net Price

$13,370

2021 Value

10.8%

1 Year Growth

In 2021 Taylor Business Institute had an average net price — the price paid after factoring in grants and loans — of $13,370. Between 2020 and 2021, the average net price of Taylor Business Institute grew by 10.8%.

This chart compares the average net price of Taylor Business Institute (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

$7,500

Room and Board

$750

Books and Supplies

The average yearly cost of room and board at Taylor Business Institute was of $7,500 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $750. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Taylor Business Institute (in red) with that of similar universities.

Financial Aid by Income Level

24%

Undergraduates Receiving Financial Aid through Grants

23%

Undergraduates Receiving Financial Aid through Loans

24% of undergraduate students at Taylor Business Institute received financial aid through grants or loans in 2021. This represents a growth of 4.35% with respect to 2020, when 23% of undergraduate students received financial aid.

This chart compares the average award discount at Taylor Business Institute (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.

17.8%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Taylor Business Institute was 17.8%, which represents 19 out of the 107 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.

Admissions

Taylor Business Institute received 230 undergraduate applications in 2021, which represents a 207% annual growth. Out of those 230 applicants, 205 students were accepted for enrollment, representing a 89.1% acceptance rate.

There were 231 students enrolled at Taylor Business Institute in 2021.

Taylor Business Institute has an overall enrollment yield of 62%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.1%

Acceptance Rate in 2021

205

Accepted Out of 230

In 2021, the undergraduate acceptance rate of Taylor Business Institute was 89.1% (205 admissions from 230 applications). This is lower than the acceptance rate of 2020, which was 89.3%. Between 2020 and 2021, the number of applicants grew by 207%, while admissions grew by 206%..

This chart compares the acceptance rate of Taylor Business Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Taylor Business Institute had a total enrollment of 231 students in 2021. The full-time enrollment at Taylor Business Institute is 231 students and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time.

The enrolled student population at Taylor Business Institute, both undergraduate and graduate, is 29% Black or African American, 3.03% Hispanic or Latino, 0.433% Asian, 0.433% Two or More Races, and 0.433% White.

Students enrolled at Taylor Business Institute in full-time Undergraduate programs are most commonly Black or African American Female (22.1%), followed by Black or African American Male (6.93%) and Hispanic or Latino Female (2.6%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Taylor Business Institute in 2021, both undergraduate and graduate, is 231 students. The full-time enrollment at Taylor Business Institute is 231 and the part-time enrollment is 0. This means that 100% of students enrolled at Taylor Business Institute are enrolled full-time compared with 32.5% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Taylor Business Institute (in red) compares to similar universities.

Retention Rate over Time

64%

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 Taylor Business Institute was 64%. Compared with the full-time retention rate at similar Associates Colleges (60%), Taylor Business Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Taylor Business Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
67 enrolled students
Hispanic or Latino
7 enrolled students
Asian
1 enrolled students

The enrolled student population at Taylor Business Institute is 29% Black or African American, 3.03% Hispanic or Latino, 0.433% Asian, 0.433% Two or More Races, and 0.433% White. 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.

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, 0 students (0%) did not report their race.

Graduates

In 2021, 3 fewer women than men received degrees from Taylor Business Institute. The most common race/ethnicity group of degree recipients at Taylor Business Institute is black or african american (13 degrees awarded). There were 13 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common Associates Degree concentration at Taylor Business Institute is Accounting Technology & Bookkeeping (44 degrees awarded), followed by Health Information & Medical Records Technology (16 degrees) and Electrical, Electronic, & Communications Engineering Technology (15 degrees).

In 2021, the most specialized majors across all degree types at Taylor Business Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (15 degrees awarded), Protective Services (8 degrees), and Business (44 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 Taylor Business Institute are Registered nurses (1,415,963 people), Accountants & auditors (1,042,293 people), Other managers (747,187 people), Financial managers (472,418 people), and Chief executives & legislators (375,896 people).

The most specialized majors at Taylor Business Institute in 2021 are Engineering Technologies (15 degrees awarded), Protective Services (8 degrees), Business (44 degrees), and Health (16 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 Taylor Business Institute are Cardiovascular technologists and technicians, Surgeons, Physicians, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Taylor Business Institute are Engineering Technologies (15 degrees awarded), Protective Services (8 degrees), Business (44 degrees), and Health (16 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 Taylor Business Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,756,550 people), Elementary & secondary schools (693,867 people), Computer Systems Design (520,226 people), Banking & related activities (489,303 people), and Justice, public order, & safety activities (486,183 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Taylor Business Institute.

Most Common (2021)

Accounting Technology & Bookkeeping
44 degree-majors awarded
Health Information & Medical Records Technology
16 degree-majors awarded
Electrical, Electronic, & Communications Engineering Technology
15 degree-majors awarded

In 2021, the most common associates degree concentration at Taylor Business Institute was Accounting Technology & Bookkeeping with 44 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Taylor Business Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 43 degrees were awarded to men at Taylor Business Institute, which is 1.07 times more than the number of degrees awarded to females (40).

This chart displays the sex disparity between the top 5 majors at Taylor Business Institute by degrees awarded.

Most Common Male Majors

In 2021, 27 degrees were awarded to men at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 1.59 times more than the 17 female recipients with that same degree.

Most Common Female Majors

In 2021, 17 degrees were awarded to men at Taylor Business Institute in Accounting Technology & Bookkeeping, which is 0.63 times less than the 27 male recipients with that same degree.

Time to Complete

47%

100% Completion Time

63%

150% Completion Time

In 2021, 47% of students graduating from Taylor Business Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Taylor Business Institute is Male and Asian (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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
13 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Taylor Business Institute is black or african american (13 degrees awarded). There were 13 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
12 degrees awarded
Black or African American Male
1 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Taylor Business Institute is black or african american female (12 degrees awarded). There were 12 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (1 degrees).

Operations

Taylor Business Institute employs 2 Professors. Most academics at Taylor Business Institute are Male Professor (2), and Female Professor (0).

The most common positions for non-instructional staff at Taylor Business Institute are: Management, with 5 employees, Business and Financial Operations, with 1 employees, and Sales and related with 1 employees.

Salary Expenditure

$617k

2021 Salaries

22.4%

decline from 2020

In 2021, Taylor Business Institute paid a median of $617k in salaries, a 22.4% decline from the previous year.

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

Instructional Salaries

$102k

Instructional Salaries

Number of Employees

In 2021, Taylor Business Institute paid a total of $102k to 2 employees working as instructors, which represents 16.5% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

2 Employees

Management

Most Common Non-Instructional Employee

5 Employees

In 2021, the most common positions for instructional staff at Taylor Business Institute was Professor with 2 employees.

In 2021, the most common positions for non-instructional staff at Taylor Business Institute were Management with 5 employees, Business and Financial Operations with 1 employees, and Sales and related with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Professor

In 2021, the most common demographic for instructional staff at Taylor Business Institute was Male Professor with 2 employees, and Female Professor with 0 employees.

This chart shows the sex split between each academic rank present at Taylor Business Institute.