Covering Innovation & Inequality in Education
This year at Laurel Technical Institute, we project that on average students will pay $9,166, while the advertised price of attendance is $17,282. That’s a difference of $8,116.
| Year | Net in-state price at Laurel Technical Institute | In-state sticker price at Laurel Technical Institute |
|---|---|---|
| 23-24 | $9,166 | $17,282 |
| 22-23 | $8,680 | $16,366 |
| 21-22 | $7,861 | $16,796 |
| 20-21 | $6,432 | $16,407 |
| 19-20 | $7,006 | $16,168 |
| 18-19 | $6,545 | $16,071 |
| 17-18 | $7,561 | $15,902 |
| 16-17 | $7,854 | $15,674 |
| 15-16 | $5,656 | $15,560 |
How much a student actually pays usually depends, at least in part, on their family's household income. At Laurel Technical Institute this year, we project students with incomes between $75K and $110K will pay around $15,373, while students with incomes between $30K and $48K will pay around $8,036. That's a difference of $7,337.
| Income bracket | Projected net price at Laurel Technical Institute |
|---|---|
| <$30K | $8,395 |
| $30K-$48K | $8,036 |
| $48K-$75K | $12,471 |
| $75K-$110K | $15,373 |
| >$110K | No data |
A school’s graduation rate can indicate how likely a student is to complete their degree. At Laurel Technical Institute, over the last five years 69% of students earned their associate’s degree within four years of enrolling.
Students from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at Laurel Technical Institute.
| Demographic category | Graduation rate at Laurel Technical Institute | National average |
|---|---|---|
| American Indian/Alaska Native | 24% | |
| Asian | 0% | 38% |
| Black | 63% | 26% |
| Hispanic | 34% | |
| Native Hawaiian/Pacific Islander | 100% | 21% |
| White | 68% | 41% |
| Multiple races | 100% | 29% |
| Unknown race | 100% | 29% |
Student retention, or how often students return to continue their degree after completing their first year, is another helpful indicator. Over the last five years, at Laurel Technical Institute, about 68% of full-time students returned the following fall to continue their degree.