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Graduate Outcomes

Here are Randolph College’s goals for student achievement, along with information on the success of Randolph in achieving those goals.

Goal: Randolph College graduates will complete their degrees in a timely fashion.

Measure: Percentage of first-time, first-year students graduating from Randolph College who graduate within four years of entering.

Target: A rolling five-year average of 85% of students who enter the College as first-time, first-year students and who go on to graduate will complete their degrees in four years.

Aspirational Target: A rolling five-year average of 90% of students who enter the College as first-time, first-year students and who go on to graduate will complete their degrees in four years.

Results: Of the students who enter Randolph College as first-time, first-year students and who graduate from the College, 89% do so within four years (five-year average). This figure meets the baseline target and falls just short of the aspirational target.

Cohort Entered Fall… % of FTFY Graduates
Who Graduated
Within Four Years
2009 87%
2010 89%
2011 91%
2012 90%
2013 87%
Five-Year Avg. 89%

Note: In calculating four-year graduates as a percentage of all graduates, the latter number is finalized when Randolph College reports six-year graduation rates to the Integrated Postsecondary Education Data System [IPEDS]. Therefore, the most recent percentage is that of the incoming class that matriculated six years ago.

Goal: Randolph College students will persist and graduate.

Measure: Percentage of students who earn a Randolph College degree within eight years of entering.

Note: This metric, while seemingly very broad in time frame, is a standard measure used in reporting to the federal Integrated Postsecondary Education Data System [IPEDS]. Known as the “eight-year outcome,” it includes all new, degree-seeking students: first-time, transfer, full-time, and part-time students. The eight-year window allows for the additional time sometimes taken by part-time students.

Target: A rolling five-year average of 55% of Randolph College students will earn a Randolph College degree within eight years of entering. The same will hold for the three-year average* of a sub-cohort of Pell-eligible first-time, first-year students in the cohort.

Aspirational Target: A rolling five-year average of 60% of Randolph College students will earn a Randolph College degree within eight years of entering.  The same will hold for the three-year average* of a sub-cohort of Pell-eligible first-time, first-year students in the cohort.

*A rolling five-year average will be the eventual figure used. Since eight-year outcomes for Pell-eligible students have been disaggregated only since the 2017-2018 IPEDS reporting year, at present a rolling three-year average is used. It will evolve into a rolling five-year average over time.

Results:  New Randolph students earn degrees within eight years at a rate of 57%. This figure meets the baseline target but falls just short of the aspirational target. At 54%, the Pell-eligible sub-cohort fell below the baseline target.

Cohort Entered Fall… % of Cohort Who
Earned a Randolph Degree
Within Eight 
Years
% for Pell-Eligible
Sub-Cohort
2007 54%
2008 44%
2009 67% 52%
2010 61% 53%
2011 61% 56%
Five-Year Avg. 57% 54%

Contextual Note: In 2006, Randolph-Macon Woman’s College announced that, in 2007, it would admit men for the first time. This led many women who had originally matriculated to a woman’s college to leave. As a result, Randolph’s retention and graduation rates dropped significantly and remained low for two more years. This is reflected here in the 2007 and 2008 cohorts. Beginning in 2009, retention rates rose again to historic levels, with subsequent graduation rates rising accordingly.

Goal: Randolph College students with financial need will persist and graduate.

Measure: Six-year graduation rates for first-time, first-year students who are eligible for Pell grants.

Target: A rolling four-year average* of 50% of Randolph College first-time, first-year students who are eligible for Pell grants will remain at the college and graduate within six years.

Aspirational Target: A rolling four-year average* of 55% of Randolph College first-time, first-year students who are eligible for Pell grants will remain at the college and graduate within six years.

*A rolling five-year average will be the eventual figure used. Since six-year graduation rates for Pell-eligible students have been disaggregated only since the 2016-2017 IPEDS reporting year, at present a rolling four-year average is used. It will evolve into a rolling five-year average over time.

Results: Entering first-time, first-year Randolph College students who are eligible for Pell grants graduate at a rate of 50% (four-year average), meeting the target but falling short of the aspirational target.

Cohort Entered Fall… 6-Year
Graduation
Rate
2010 53%
2011 56%
2012 50%
2013 42%
Four-Year Avg. 50%

Goal: Randolph College students of color will persist and graduate.

Measure: Six-year graduation rates for first-time, first-year students of color.*

*Students of color are defined here as students who are reported as having a race/ethnicity other than “white non-hispanic,” “non-resident alien,” or “race/ethnicity unknown” with respect to the categories used by the Integrated Postsecondary Education Data System (IPEDS).

Target: A rolling five-year average of 50% of Randolph College first-time, first-year students of color will remain at the college and graduate within six years.

Aspirational Target: A rolling five-year average of 55% of Randolph College first-time, first-year students of color will remain at the college and graduate within six years.

Results: Entering first-time, first-year Randolph College students of color graduate at a rate of 52% (five-year average). This meets the target. Recent years have individually exceeded the aspirational target, but the five-year average does not.

Cohort Entered Fall… 6-Year
Graduation
Rate
2009 66%
2010 48%
2011 53%
2012 56%
2013 39%
Five-Year Avg. 52%

Goal: Randolph College students who are less academically prepared will persist to their sophomore years.

Measure: First-year retention rates for first-time, first-year students with high school GPAs less than 3.0.

Target: A rolling five-year average of 50% for first-year retention rates of Randolph College first-time, first-year students with high school GPAs less than 3.0.

Aspirational Target: A rolling five-year average of 55% for first-year retention rates of Randolph College first-time, first-year students with high school GPAs less than 3.0.

Results: The first-year retention rate of first-time, first-year Randolph College students with high school GPAs less than 3.0 was 52% (five-year average), meeting the target but falling short of the aspirational target.

Cohort Entered Fall… 6-Year
Graduation
Rate
2009 71%
2010 44%
2011 42%
2012 50%
2013 54%
Five-Year Avg. 52%

Goal: Randolph College students will complement their academic educations with co-curricular internships.

Measure: Percentage of the graduating class who participate in internships by the time of graduation.

Target: A rolling five-year average of 60% or more of graduating students will participate in internships.

Aspirational Target: A rolling five-year average of 65% or more of graduating students will participate in internships.

Results: A five-year average of 61% of Randolph College graduates completed internships at some point in their undergraduate careers, enabling Randolph to meet its target benchmark. While this figure does not meet the aspirational benchmark, there are signs that it is within reach (e.g., the 2017 percentage).

Year % of Graduating
Class Participating
in an Internship
2015 62%
2016 56%
2017 65%
2018 58%
2019 62%
Five-Year Avg. 61%

Goal: Randolph College students will borrow no more for their college educations than they are able to repay.

Measure: Student loan default rates (that is, the annual “three-year” rate as defined  by the United States Department of Education, calculated in a fiscal year [FY] basis).

Target: Using a five-year rolling average, Randolph College graduates will default on their student loans at a rate that is at least five percentage points lower than the national average for four-year colleges.

Aspirational Target: Using a five-year rolling average, Randolph College graduates will default on their student loans at a rate of less than 5%.

Results: Consistently, the student loan default rates for Randolph College graduates have been significantly lower than the national averages, but the College has just missed its target benchmark by coming in at 4.65 percentage points lower than the five-year rolling average for four-year colleges. The aspirational benchmark remains in sight.

Fiscal Year “Three Year”
Default Rate
National Average
FY12 6.12% 11.8%
FY13 5.44% 11.3%
FY14 8.47% 11.5%
FY15 6.36% 10.8%
FY16 5.85% 10.1%
Five-Year Avg. 6.45% 11.1%

*Note: As of Summer 2020, FY16 default rates represent the most current data available from the Federal Student Aid Data Center.

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