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St. Charles-Area Colleges Profiled by White House

New searchable database identifies how schools perform on cost, graduation and loan defaults. See how schools such as Lindenwood University rated.

President Barack Obama used part of his State of The Union address Feb. 12 to promote the release of an education scorecard, a tool he said "parents and students can use to compare schools based on a simple criteria: where you can get the most bang for your educational buck."

The College Scorecard was released the following day. It does not rank schools, like The Princeton Review or U.S. News & World Report.

Instead, it provides information about cost, graduation rate, loan default and median borrowing. In the future, it will also include average earnings for graduates who attended school using federal loan dollars.

What does it say about schools in the St. Charles County-area?

Lindenwood University

COST

The average net cost is $27,134 per year after grants and scholarships, placing it in the "high" range. The scorecard indicates a decrease of 2.3 percent between 2007 and 2009.

GRADUATION RATE

According to the site, 44.9 percent of full-time students received their bachelor’s degree within 6 years, described as "medium."

"Graduation rate data are based on undergraduate students who enrolled full-time and have never enrolled in college before. This may not represent all undergraduates that attend this institution."

LOAN DEFAULT

Just 5.1 percent of borrowers defaulted on paying federal student loans within three years of repayment, below the national average of 13.4 percent.

MEDIAN BORROWING

According to the site, students borrow approximately $230.16 monthly, deemed in the "high" range.

St. Charles Community College

COST

The average net cost is $3,545 per year after grants and scholarships, placing it in the "low" range. The scorecard indicates an increase of 1.2 percent between 2007 and 2009.

GRADUATION RATE

According to the site, 15.4 percent of full-time students received their bachelor’s degree within 150 percent of the expected time of completion, described as "low." Another 28.1 percent transferred to another college institution.

"Graduation rate data are based on undergraduate students who enrolled full-time and have never enrolled in college before. This may not represent all undergraduates that attend this institution."

LOAN DEFAULT

12.3 percent of borrowers defaulted on paying federal student loans within three years of repayment, below the national average of 13.4 percent.

MEDIAN BORROWING

According to the site, SCCC students borrow approximately $52.96 monthly, deemed in the "high" range.

Missouri Tech

COST

The average net cost is $16,923 per year after grants and scholarships, placing it in the "high" range. That's neither higher or lower than 2007 or 2009.

GRADUATION RATE

According to the site, 50 percent of full-time students received their bachelor’s degree within 6 years, described as "medium."

"Graduation rate data are based on undergraduate students who enrolled full-time and have never enrolled in college before. This may not represent all undergraduates that attend this institution."

LOAN DEFAULT

Just 22.7 percent of borrowers defaulted on paying federal student loans within three years of repayment, below the national average of 13.4 percent.

MEDIAN BORROWING

According to the site, students borrow approximately $320.67 monthly, deemed in the "high" range.

Sanford Brown College - St. Peters

COST

The average net cost is $16,822 per year after grants and scholarships, placing it in the "high" range. 

GRADUATION RATE

According to the site, 51 percent of full-time students received their bachelor’s degree within 6 years, described as "medium to high."

"Graduation rate data are based on undergraduate students who enrolled full-time and have never enrolled in college before. This may not represent all undergraduates that attend this institution."

LOAN DEFAULT

Just 26.9 percent of borrowers defaulted on paying federal student loans within three years of repayment, below the national average of 13.4 percent.

MEDIAN BORROWING

According to the site, students borrow approximately $199.95 monthly, deemed in the "high" range.


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