Argosy University-Schaumburg (420866)

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2018 Undergraduate Tuition
$13,344
2017 Average Net Price
$20,495
After Financial Aid
2015 Default Rate
15.6%
on Student Loans
2017 Enrolled Students
195
37.9% Full-Time

About

Argosy University-Schaumburg (420866) is a higher education institution located in Cook County, IL. In 2018, the most popular Professional Doctorate concentrations at Argosy University-Schaumburg (420866) were Clinical Psychology (25 degrees awarded).

In 2018, 52 degrees were awarded across all undergraduate and graduate programs at Argosy University-Schaumburg (420866). 86.5% of these degrees were awarded to women, and 13.5% awarded men. The most common race/ethnicity group of degree recipients was white (33 degrees), 3.67 times more than then the next closest race/ethnicity group, black or african american (9 degrees).

The median undergraduate tuition at Argosy University-Schaumburg (420866) is $13,344, which is $−1,597 less than the national average for Special Focus Institutions ($14,942).

Costs

In 2018, the median undergraduate tuition at Argosy University-Schaumburg (420866) is $13,344

After taking grants and loans into account, the average net price for students is $20,495.

In 2017, 59% of undergraduate students attending Argosy University-Schaumburg (420866) received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

Tuition Costs

$13,344
2018 Undergraduate Tuition

In 2018, the cost of tuition at Argosy University-Schaumburg (420866) was $13,344.

This chart compares the tuition costs of Argosy University-Schaumburg (420866) (in red) with those of other similar universities.

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Average Net Price

$20,495
2017 Value

In 2017 Argosy University-Schaumburg (420866) had an average net price — the price paid after factoring in grants and loans — of $20,495. Between 2016 and 2017, the average net price of Argosy University-Schaumburg (420866) grew by 0%.

This chart compares the average net price of Argosy University-Schaumburg (420866) (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.

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Financial Aid by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
76%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Argosy University-Schaumburg (420866) received financial aid through grants or loans in 2017. This represents a decline of 13.2% with respect to 2016, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Argosy University-Schaumburg (420866) (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.

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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.
15.6%
2015 Default Rate
3079
Number of Defaults

In 2015 the default rate for borrower's at Argosy University-Schaumburg (420866) was 15.6%, which represents 3079 out of the 19780 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.

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Enrollment

Argosy University-Schaumburg (420866) had a total enrollment of 195 students in 2017. The full-time enrollment at Argosy University-Schaumburg (420866) is 74 students and the part-time enrollment is 121. This means that 37.9% of students enrolled at Argosy University-Schaumburg (420866) are enrolled full-time.

The enrolled student population at Argosy University-Schaumburg (420866), both undergraduate and graduate, is 65.6% White, 17.9% Black or African American, 8.72% Hispanic or Latino, and 5.64% Asian.

Students enrolled at Argosy University-Schaumburg (420866) in full-time Undergraduate programs are most commonly White Female (42.9%), followed by Black or African American Female (33.3%) and Hispanic or Latino Female (9.52%). Students enrolled in full-time Graduate programs are most commonly White Female (54.7%), followed by Black or African American Female (22.6%) and White Male (11.3%).

Full-Time vs Part-Time Enrollment

37.9%
Full-Time Enrollment

The total enrollment at Argosy University-Schaumburg (420866) in 2017, both undergraduate and graduate, is 195 students. The full-time enrollment at Argosy University-Schaumburg (420866) is 74 and the part-time enrollment is 121. This means that 37.9% of students enrolled at Argosy University-Schaumburg (420866) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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Retention Rate over Time

100%
2017 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 Argosy University-Schaumburg (420866) was 100%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Argosy University-Schaumburg (420866) had a retention rate higher than its peers.

This chart shows the retention rate over time at Argosy University-Schaumburg (420866) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    128 enrolled students
  2. Black or African American
    35 enrolled students
  3. Hispanic or Latino
    17 enrolled students

The enrolled student population at Argosy University-Schaumburg (420866) is 65.6% White, 17.9% Black or African American, 8.72% Hispanic or Latino, and 5.64% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 1 students (0.513%) did not report their race.

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Graduates

In 2018, 38 more women than men received degrees from Argosy University-Schaumburg (420866). The most common race/ethnicity group of degree recipients at Argosy University-Schaumburg (420866) is white (33 degrees awarded). There were 3.67 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

The most common Professional Doctorate concentration at Argosy University-Schaumburg (420866) is Clinical Psychology (25 degrees awarded).

In 2018,  the most specialized majors across all degree types at Argosy University-Schaumburg (420866), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), and Business (8 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Argosy University-Schaumburg (420866) are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Argosy University-Schaumburg (420866) in 2018 are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Argosy University-Schaumburg (420866) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Argosy University-Schaumburg (420866) are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Argosy University-Schaumburg (420866) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Argosy University-Schaumburg (420866) are Psychology (33 degrees awarded), Public Administration and Social Service (1 degrees), Business (8 degrees), Health (9 degrees), and Education (1 degrees) (as of 2018).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Argosy University-Schaumburg (420866).
Most Common (2018)
25 degrees awarded

In 2018, the most common professional doctorate concentration at Argosy University-Schaumburg (420866) was Clinical Psychology with 25 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from professional doctorate programs at Argosy University-Schaumburg (420866) according to their major.

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Sex Breakdown for Common Majors

7
Degrees Awarded to Men
in 2018
45
Degrees Awarded to Women
in 2018

In 2018, 7 degrees were awarded to men at Argosy University-Schaumburg (420866), which is 0.156 times less than the number of degrees awarded to females (45).

This chart displays the sex disparity between the top 5 majors at Argosy University-Schaumburg (420866) by degrees awarded.

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Most Common Male Majors

In 2018, 2 degrees were awarded to men at Argosy University-Schaumburg (420866) in Clinical Psychology, which is 0.087 times less than the 23 female recipients with that same degree.

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Most Common Female Majors

In 2018, 23 degrees were awarded to men at Argosy University-Schaumburg (420866) in Clinical Psychology, which is 11.5 times more than the 2 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2016 at Argosy University-Schaumburg (420866) is Female and White (50% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2018)
  1. White
    33 degrees awarded
  2. Black or African American
    9 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Argosy University-Schaumburg (420866) is white (33 degrees awarded). There were 3.67 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

3.85% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2018)
  1. White Female
    28 degrees awarded
  2. Black or African American Female
    7 degrees awarded
  3. Asian Female
    5 degrees awarded

The most common race/ethnicity and sex grouping at Argosy University-Schaumburg (420866) is white female (28 degrees awarded). There were 4 times more white female recipients than the next closest race/ethnicity group, black or african american female (7 degrees).

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Operations

Argosy University-Schaumburg (420866) employs 8 Professors. Most academics at Argosy University-Schaumburg (420866) are Female Professor (5), and Male Professor (3).

The most common positions for non-instructional staff at Argosy University-Schaumburg (420866) are: Management, with 7 employees, Office and Administrative Support, with 4 employees, and Business and Financial Operations with 1 employees.

Salary Expenditure

$2.06M
2017 Salaries
17.3%
decline from 2016

In 2017, Argosy University-Schaumburg (420866) paid a median of $2.06M in salaries, a 17.3% decline from the previous year.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$666k
Instructional Salaries
8
Number of Employees

In 2017, Argosy University-Schaumburg (420866) paid a total of $666k to 8 employees working as instructors, which represents 32.3% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

Professor
Most Common Instructor
8 Employees
Management
Most Common Non-Instructional Employee
7 Employees

In 2017, the most common positions for instructional staff at Argosy University-Schaumburg (420866) was Professor with 8 employees.

In 2017, the most common positions for non-instructional staff at Argosy University-Schaumburg (420866) were Management with 7 employees, Office and Administrative Support with 4 employees, and Business and Financial Operations with 1 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2017)
  1. Female Professor
  2. Male Professor

In 2017, the most common demographic for instructional staff at Argosy University-Schaumburg (420866) was Female Professor with 5 employees, and Male Professor with 3 employees.

This chart shows the sex split between each academic rank present at Argosy University-Schaumburg (420866).

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