Tech 2020 Benchmarks

[qng001]

I wonder how far along we are to reaching these goals of Tech 2020.






From latech.edu

• Graduation rate of 70%
• First-year retention rate of 85%
  
• 25% of first-time freshmen in the top 10% of their high school class
  
• 20-25% graduate students
  
• Triple our research productivity
  
• 10 patents granted per year
  
• 20 active tenants & five graduates per year from our Technology Incubators
  
• Research Park with six tenant companies
  
• Triple our endowment

It is the considered judgment of the Louisiana Tech University Family that an enrollment of 15,000 students would maximize the achievement of these goals.

[TechAlum05]

I wonder how far along we are to reaching these goals of Tech 2020.






From latech.edu

• Graduation rate of 70%
• First-year retention rate of 85%
  
• 25% of first-time freshmen in the top 10% of their high school class
  
• 20-25% graduate students
  
• Triple our research productivity
  
• 10 patents granted per year
  
• 20 active tenants & five graduates per year from our Technology Incubators
  
• Research Park with six tenant companies
  
• Triple our endowment

It is the considered judgment of the Louisiana Tech University Family that an enrollment of 15,000 students would maximize the achievement of these goals.

First-year retention rate:

2013 = 78.6%
2014 = 79.8%
2015 = 80.5%

Graduate student percentage:

2013 = 16.33% (1770)
2014 = 15.31% (1689)
2015 = 13.65% (1689 total)

6-year graduation rate

Fall 2006 class = 48%
Fall 2007 class = 50%
Fall 2008 class = 54%
Fall 2009 class = 53%

First-time freshmen in top 10% of HS class:

2013 = 24.0%
2014 = 24.0%
2015 = 24.0%

[qng001]

Pulling up an old thread. We won't reach our 15k enrollment. By 2020.

[Blue Dawg]

It's a shame too, because "2020" looks good on fund-raising emails.

[qng001]

2020 is coming up. How did we do with Tech 2020? Did we set the bar too high?

[Blue Dawg]

2020 is coming up. How did we do with Tech 2020? Did we set the bar too high?

SURELY a press release is planned to update us on the progress.

[FriscoDawg]

SURELY a press release is planned to update us on the progress.

Still waiting for the release on the progress for the Tech Centennial. Probably won't get one for the same reason - goals were not close to being achieved.

It's ok to set the bar high, but not so high as to not attain anything.

[LongtimeDawgfan]

Does anyone know what our current enrollment is?

[skilldawg]

Does anyone know what our current enrollment is?

https://www.latech.edu/about/

website says 11,957

[Amos Moses]

https://www.latech.edu/about/

website says 11,957

Isn't that going backwards? Epic fail?

[Lotsudo]

What ever happened with the National Tier 1 ranking that we once possessed?

[Guisslapp]

What ever happened with the National Tier 1 ranking that we once possessed?

https://www.latech.edu/2019/09/09/lo...snwr-rankings/

[qng001]

I can say we did not reach 15k

[Guisslapp]

FYI- There has been a radical shift of the University funding model over the last decade, as state direct institutional support to higher education has been heavily slashed and that shortfall being shifted to students in the form of tuition.

https://www.cbpp.org/sites/default/f...ighered_la.pdf

This data is from 2016, and, as I think most of you know, the cuts didn’t end then.

[dawg80]

FYI- There has been a radical shift of the University funding model over the last decade, as state direct institutional support to higher education has been heavily slashed and that shortfall being shifted to students in the form of tuition.

https://www.cbpp.org/sites/default/f...ighered_la.pdf

This data is from 2016, and, as I think most of you know, the cuts didn’t end then.

Yep! I was on the finance advisory committee to then president of NSU, Dr. Webb. The shift has basically flipped the funding model, from 80-20 state giving to the school, 80% "state funded" and 20% "self-reliant," to now being 80% "self-reliant." Along the way most state universities have seen their budgets slashed by upwards of 40%. But, truthfully, there is still too much "fat" in their budgets. More can be trimmed.

I rotated off that committee in late 2014, but stayed connected to it and what was going on at NSU and throughout the UL system. Many department heads, and their faculty, got off their lazy azzes and went out to secure funding from outside sources and donors. I had to do that for my department too, but had already been doing that since 2009 when I was appointed department head. There were Federal grants available too, but again, that required EFFORT! to seek them and write the grant application. I secured two such grants, each about $350,000, and each time I was able to hire a temporary staffer to manage it and provide the services it would cover.

BUT!!! here's the big question, I have never been able to find the answer. When the state shifted $hundreds of millions away from the public universities, which they did over about an 8-year span...what happened to that money? Some (a little) was shifted to K-12 public schools, but not enough to account for the whole wad. Hmmm....It just disappeared!