Completion rates are low at Indiana’s public two-year colleges, reports the state Commission for Higher Education. The six-year completion rate for students seeking certificates or degrees is 28.2 percent. That includes transfers and students who earned a lower-level credential than originally sought.
Two-year public colleges spend an average of $31,369 for each degree produced, half the per-degree cost of four-year colleges and universities.
At Ivy Tech, the state community college system, the cost per degree is $30,120. Ivy Tech’s six-year completion rate — any credential at any campus — is 27.7 percent for full-time students and 20.8 percent for part-timers.
Only 15.7 percent of blacks who start at Ivy Tech have earned a credential within six years, compared to 26.8 percent of Hispanics, 29.6 percent of whites and 35.7 percent of Asians.
At Indiana’s four-year colleges and universities, the six-year completion rate is 68.6 percent. That includes any degree at any campus.