RSS Feed This is an RSS Feed en Sat, 08 May 2021 12:30:07 +0000 Sat, 08 May 2021 12:30:07 +0000 5 Did You Know ... How a College Degree and a New Car Compare? <p>Did you know that the value of a new car (purchased for the average new car price of around $32,000) is worth ONE-THIRD of that initial value five years later? Comparatively, the value of a college degree - "purchased" for the average student loan debt of $26,000 - is worth 12 TIMES that initial investiment after five years!&nbsp;</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/6fb387048098fa6e2e68d0cfff5d07d933a8d220.png" width="800"></p><p><br></p> Wed, 30 Jan 2019 06:00:00 +0000 ICUT Issue Brief: The Economic Impact of ICUT Member Institutions <p>We are proud to release the results of our economic impact study today, through the publication of our latest<strong> ICUT Issue Brief!</strong></p><p>As you know, modern institutions of higher education do more than just educate students: they serve their surrounding communities, regions and, in fact, the entire state. To better understand how ICUT's member institutions do this, we commissioned an economic impact study in 2018. We engaged an outside researcher with expertise in this area to conduct our study. Using data from the U.S. Department of Education's IPEDS database and from surveys of our member institutions, this researcher - Dr. Mark Paul Gius of Quinnipiac University in Connecticut - analyzed the local, regional and statewide economic impact of our members.&nbsp;</p><p>After receiving the results, we published them in our <a href="" target="_blank" rel="nofollow">latest Issue Brief</a>, as well as on <a href="" rel="nofollow">a new page of our website.</a> We developed a<a href="" target="_blank" rel="nofollow"> new piece of collateral</a> to showcase our sector's statewide impact, and are in the process of analyzing our economic impact on a regional basis (beginning with the higher education regions established by the Texas Higher Education Coordinating Board).&nbsp;</p><p>We're excited to release this new data - we hope you find it as informative as we do. Please, feel free to <a href="" rel="nofollow">contact us</a> with any questions or comments!</p><p><a data-fr-link="true" href="" target="_blank" rel="nofollow"><img alt="icut's economic impact graphic" class="fr-fil fr-dib" src="/uploads/blog/227ffd7ac0471fdd3613d9e6b41c11544dcddba6.png" width="800" title="icut's economic impact graphic"></a></p><p><br></p> Fri, 14 Dec 2018 06:00:00 +0000 Did You Know ... The Value of a College Degree Over Your Lifetime? <p>Our Did You Know this week, inspired by our friends at <a href="" rel="nofollow" target="_blank">Independent Colleges and Universities of Florida,</a> uses data from <a href="" rel="nofollow" target="_blank">"Is College Worth It? Going Beyond Averages,"</a> a new report from Authored by Temple University professor <a href="" rel="nofollow" target="_blank">Dr. Douglas Weber,</a> the report, like many before it, makes clear the value of investing in a college degree. College graduates will earn <strong>hundreds of thousands of dollars more</strong> over their working lifetimes than their colleagues with only a high school degree!</p><p>For more, see our infographic below:&nbsp;</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/dd6eadb5a1128225e1ff050c7e50714fa141616b.png" width="800"></p><p><br></p> Thu, 01 Nov 2018 05:00:00 +0000 ICUT Issue Brief: Car vs. Degree? <p>ICUT is excited to release our <a href="" target="_blank" rel="nofollow">third Issue Brief</a>, where we compare two common investments: a new car and a bachelor's degree. Did you know that average automotive debt is at an all-time high, averaging $33,000 per auto loan? That's the cost of a well-equipped new Chevrolet Malibu! Meanwhile, the average student loan debt, while also on the rise, currently rests at about $26,000.&nbsp;</p><p>Check out our third quarter Issue Brief - reprinted with permission from our colleagues at <a href="" target="_blank" rel="nofollow">Michigan Independent Colleges and Universities (MICU)</a> - to learn why investing in higher education is a better bet in both the short and long run.</p><p><strong><a href="" target="_blank" rel="nofollow">Click here to read the brief!</a></strong></p> Wed, 24 Oct 2018 05:00:00 +0000 Did You Know ... How Much Grant Aid Our Students Receive? <p>Did you know that 8 out of every 10 undergraduates at ICUT member schools receive some form of grant aid? The total amount of grant aid distributed to our students in 2016-17 was about $1.46 billion - wow! Approximately 85 percent of that $1.46 billion came from our institutions rather than state or federal sources.&nbsp;</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/ee051ae55db0254fd8d86c2acd324a0715c65184.png" width="800"></p><p><br></p> Wed, 10 Oct 2018 05:00:00 +0000 Did You Know ... The Importance of College Fit? <p><strong>We're excited to announce the second ICUT Issue Brief this week!</strong> For this brief, we focused on college fit, or how well students' wants and needs are met by their chosen college or university. College fit matters when students are deciding where to attend college - but what you may not know is that it continues to matter after students enroll. Good college fit both before and after enrollment has the potential to positively impact a student's persistence and retention, which is important for increasing educational attainment rates (like the goals set by Texas' higher education strategic plan, <a href="" rel="nofollow" target="_blank">60x30TX</a>).&nbsp;</p><p>We hope you find this brief useful and informative - give it a read by clicking on the image below!</p><p><a data-fr-link="true" href="" target="_blank" rel="nofollow"><img alt="college fit issue brief" class="fr-image-dropped fr-fil fr-dib" src="/uploads/blog/aebe2c5e71c20153a50bd98745fecb55f10ccff7.png" width="600" title="college fit issue brief"></a><br></p> Wed, 15 Aug 2018 05:00:00 +0000 Did You Know ... The Percentage of TEG Recipients Also Receiving Pell Grants? <p style="text-align: left;"><a href="" rel="nofollow" target="_blank">Federal Pell Grants</a> are awarded to students that demonstrate the <strong>most financial need</strong> in higher education. Like Pell, the Texas <a href="" rel="nofollow">Tuition Equalization Grant (TEG) program</a> is need-based, providing grants to students at private, nonprofit Texas institutions that demonstrate financial need. Students that demonstrate very high financial need may even qualify for an exceptional need TEG grant, which provides additional funding to students in need.&nbsp;</p><p>In fact,<strong> nearly 60 percent </strong>of TEG recipients also recieve Pell Grants, demonstrating their high financial need. Packaging both grants helps students from low income backgrounds complete a degree from a private, nonprofit Texas college or university. Over the past decade, the percentage of TEG recipients also receiving Pell Grants has <strong>increased </strong>from 52 to 59 percent.</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/155fb2781754020e9d79596e9b8f68dba7a4106b.png" width="800"></p><p><br></p> Wed, 25 Jul 2018 05:00:00 +0000 Did You Know ... The Economic Impact of ICUT Institutions? <p>This week, we're highlighting a few data points about the economic impact the private, nonprofit colleges and universities of ICUT have on the great State of Texas. The numbers in the graphic below come from a 2013 study done in partnership with Texas' public and community college associations, and they help demonstrate another way our member institutions positively impact their communities and the state at large.&nbsp;</p><p>We're in the midst of producing an updated economic impact report for independent institutions in Texas - we can't wait to share the new numbers closer to the start of the next Texas legislative session!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/27332531dced7311d6c566e97fff3c5f0885886b.png" width="800"></p><p><br></p> Wed, 11 Jul 2018 05:00:00 +0000 Did You Know ... About Student Loan Default Rates? <p>Did you know that independent, nonprofit colleges and universities in Texas have lower federal student loan default rates than for-profit and public institutions across the state? Check out our infographic below for the numbers!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/e1ad44687ec3ca34f9ebf97ddf65832b3115ddd6.png" width="800"></p><p><br></p> Wed, 27 Jun 2018 05:00:00 +0000 Did You Know ... About Average Debt Increases at Private Universities? <p>Our Did You Know this week explores differences in educational borrowing between students at public and private four-year institutions. Using data from The College Board's <a href="" rel="nofollow" target="_blank"><em>Trends in Student Aid 2017</em>&nbsp;report</a>, we compared increases in average amount borrowed by bachelor's degree receipients at private and public universities between 2010-11 and 2015-16, the most recent five-year period in the report. Public university students experienced an increase of <strong>$2,500</strong> in average educational debt over this period, while private university students saw an increase of<strong> $1,200 </strong>over those five years.&nbsp;<strong>That's less than half the amount!</strong>&nbsp;</p><p>For more on this topic, check out our<a href="/uploads/cms/nav-58-5abbbe86dfa5f.pdf" target="_blank"> first quarterly issue brief</a>, and see our infographic below.&nbsp;</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/aac15eaa57428a4c76c17246ca3ea2e293d63651.png" width="800"></p><p><br></p> Wed, 13 Jun 2018 05:00:00 +0000 Did You Know ... How Many ICUT Members are HSIs? <p>Our Did You Know this week highlights updated data from <a href="" rel="nofollow" target="_blank">Excelencia in Education</a>, an organization that advocates for and supports Hispanic students in higher education. Each year, Excelencia uses US Department of Education data from the <a href="" rel="nofollow" target="_blank">IPEDS system</a> to compile lists of Hispanic-Serving Institutions (HSIs) and Emerging Hispanic-Serving Institutions (Emerging HSIs) across the country. An institution qualifies as an HSI if 25 percent or more of its enrollment is made up of Hispanic students. If an institution's enrollment is 15-24 percent Hispanic, it is classified as an Emerging HSI.&nbsp;</p><p>We're proud to say that this year, <strong>16 ICUT members qualify as Hispanic-Serving Institutions.</strong> Those schools are:</p><ul><li><a href="" target="_blank" rel="nofollow">Concordia University Texas</a></li><li><a href="" target="_blank" rel="nofollow">Hallmark University</a></li><li><a href="" target="_blank" rel="nofollow">Houston Baptist University</a></li><li><a href="" target="_blank" rel="nofollow">Huston-Tillotson University</a></li><li><a href="" target="_blank" rel="nofollow">Jacksonville College</a></li><li><a href="" target="_blank" rel="nofollow">McMurry University</a></li><li><a href="" target="_blank" rel="nofollow">Our Lady of the Lake University</a></li><li><a href="" target="_blank" rel="nofollow">Saint Edward's University</a></li><li><a href="" target="_blank" rel="nofollow">Schreiner University</a></li><li><a href="" target="_blank" rel="nofollow">Southwestern Adventist University</a></li><li><a href="" target="_blank" rel="nofollow">St. Mary's University</a></li><li><a href="" target="_blank" rel="nofollow">Texas Lutheran University</a></li><li><a href="" target="_blank" rel="nofollow">Texas Wesleyan University</a></li><li><a href="" target="_blank" rel="nofollow">University of St. Thomas</a></li><li><a href="" target="_blank" rel="nofollow">University of the Incarnate Word</a></li><li><a href="" target="_blank" rel="nofollow">Wayland Baptist University</a></li></ul><p>Additionally, <strong>13 ICUT members qualify as Emerging Hispanic-Serving Institutions:</strong></p><ul><li><a href="" target="_blank" rel="nofollow">Abilene Christian University</a></li><li><a href="" target="_blank" rel="nofollow">Austin College&nbsp;</a></li><li><a href="" target="_blank" rel="nofollow">Dallas Baptist University</a></li><li><a href="" target="_blank" rel="nofollow">Hardin-Simmons University</a></li><li><a href="" target="_blank" rel="nofollow">Howard Payne University</a></li><li><a href="" target="_blank" rel="nofollow">Lubbock Christian University</a></li><li><a href="" target="_blank" rel="nofollow">Parker University</a></li><li><a href="" target="_blank" rel="nofollow">Paul Quinn College</a></li><li><a href="" target="_blank" rel="nofollow">Southwestern Assemblies of God University</a></li><li><a href="" target="_blank" rel="nofollow">Southwestern University</a></li><li><a href="" target="_blank" rel="nofollow">Trinity Unviersity</a></li><li><a href="" target="_blank" rel="nofollow">University of Dallas&nbsp;</a></li><li><a href="" target="_blank" rel="nofollow">University of Mary Hardin-Baylor</a></li></ul><p>Taken together, <strong>29 of ICUT's 41 member institutions have at least 15 percent Hispanic student enrollment,</strong> which speaks to the diverse nature of the students we serve.&nbsp;</p><p>For more information, see <a href="" rel="nofollow" target="_blank">Excelencia's research web page</a>, and check out our infographic below!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/bdb66caa3fe1382559dbdcfb52ae1b346a465691.png" width="800"></p><p><br></p> Wed, 06 Jun 2018 05:00:00 +0000 Did You Know ... About Our Non-Traditional Age Enrollments? <p>This week's Did You Know highlights national private nonprofit enrollments. According to the latest data from the <a href="" rel="nofollow" target="_blank">National Student Clearinghouse's Research Center</a>, about<strong> 40 percent </strong>of enrolled students at private, nonprofit institutions were 24 years old or older - also known as non-traditional age students. In this three-year time period private, nonprofits enrolled a <strong>greater</strong> percentage of these non-traditional age students than 2-year and 4-year institutions. See our infographic below, and explore the <a href="" target="_blank" rel="nofollow">NSC Research Center website</a> for more!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/d8b2bd3fa3963164640f93fc4315715078624bce.png" width="800"></p><p><br></p> Wed, 30 May 2018 05:00:00 +0000 Did You Know ... How Many Degrees ICUT Members Awarded Last Year? <p>This week, we're highlighting how many degrees ICUT's private, nonprofit member institutions awarded in the last academic year - 31,562 degrees, to be exact. Of those degrees, 63 percent were Bachelor's-level and 31 percent were Master's-level, with the remaining 6 percent made up of both types of Doctoral degrees. Check out this week's infographic for the numbers!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/7a3d3739e688822ae1cdc2302d6a3502d105f3ce.png" width="800"></p><p><br></p> Wed, 16 May 2018 05:00:00 +0000 Did You Know ... The Skills Employers Really Want? <p>Our Did You Know this week highlights research from the <a href="" rel="nofollow" target="_blank">Association of American Colleges &amp; Universities</a>, which partnered with Hart Research Associates to survey a range of employers in 2015. Their survey found that an <strong>overwhelming majority of employers</strong> - 91 percent, to be exact - <strong>placed a higher value on a job candidate's ability to think critically, solve problems and communicate clearly than their specific undergraduate major.</strong> Additionally, of the 17 outcome areas the survey asked employers to rank,<strong> the cross-field skills they valued the most</strong> - things like critical thinking, written and oral communication, teamwork and others -<strong> have long been hallmarks of a liberal arts education</strong> (like that offered by so many of ICUT's <a href="" rel="nofollow">private, nonprofit member institutions</a>). Check out our infographic for more, and <a href="" target="_blank" rel="nofollow">read the survey report on AAC&amp;U's website</a> for the full story!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/b9313d9a5489f41e8e1a9ceca583ba6dbb1c34e3.png" width="800"></p><p><br></p> Wed, 09 May 2018 05:00:00 +0000 Did You Know ... How Much Scholarship Money We Distribute? <p>Did You Know that ICUT's 501(c)3 - the <a href="" rel="nofollow">ICUT Foundation</a> - helps distribute scholarship money to deserving students at private, nonprofit Texas institutions each year? Through our membership in the <a href="" rel="nofollow">Council of Independent Colleges</a> we receive scholarship funds from the <a href="" rel="nofollow">UPS Foundation</a>. Since 1985, we have distributed more than<strong> $2.5 million</strong> in scholarships from this fund to deserving students at our ICUT member institutions - and we will be distributing over $100,000 in UPS Foundation scholarships in the upcoming year. Check out our infographic below for more!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/f8af4a2f432296c507f85e1fa6a059efdccd59ac.png" width="800"></p><p><br></p> Wed, 02 May 2018 05:00:00 +0000 Did You Know .. How Many TEG Recipients also Receive Pell Grants? <p>The <a href="" rel="nofollow">Federal Pell Grant program</a> provides aid to students that demonstrate the highest financial need in higher education. In Texas, the <a href="" rel="nofollow">Tuition Equalization Grant program</a> provides funding for students attending private, nonprofit institutions, like<a href="" rel="nofollow"> those that make up ICUT's membership.</a> These students also demonstrate high financial need; for example, six out of every 10 TEG receipients at ICUT schools in Fiscal Year 2015 also received a Pell Grant. This is the basis for this week's Did You Know infographic below!</p><p><img alt="Image title" class="fr-fil fr-dib fr-image-move" src="/uploads/blog/76cc3b3c2f750c0c15833155df5efef6368dc6f8.png" width="800"></p><p><br></p> Thu, 26 Apr 2018 05:00:00 +0000 Did You Know ... The Economic Impact of ICUT's Five HBCUs? <p>Our Did You Know infographic this week highlights the collective economic impact of ICUT's five Historically Black Colleges &amp; Universities (HBCUs). Together, these institutions contribute over $140 million to their local and regional economies, and employ just over 1,600 individuals both on and off campus. These numbers come from "<a href="" rel="nofollow">HBCUs Make America Strong: The Positive Economic Impact of Historically Black Colleges and Universities</a>," a nationwide study commissioned by the <a href="" rel="nofollow">United Negro College Fund</a>. Visit the <a href="" rel="nofollow">UNCF economic impact webpage for Texas</a>, which contains a wealth of data on all of Texas' HBCUs, both public and private, and check out our infographic below!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/f50960b6a1bdacc8482f40148f0933b5a7a14bc0.png" width="800"></p><p><br></p> Wed, 18 Apr 2018 05:00:00 +0000 Did You Know ... What Makes Up A Financial Aid Award? <p>Our Did You Know this week gives an overview of what we call the "Financial Aid Bucket" - a graphical representation of how different funding sources come together to make up a student's financial aid award. It's taken from our inagural Issue Brief published at the end of March. Check out our infographic below, and <a href="" rel="nofollow">read our full Issue Brief by clicking here</a>!</p><p><img alt="Image title" class="fr-fil fr-dib" src="/uploads/blog/431e3ea448529e07bcffff871a3b10d750a63c50.png" width="800"></p><p><br></p> Thu, 12 Apr 2018 05:00:00 +0000 Did You Know ... About Our Increases in Enrollment Diversity? <p style="text-align: left;">Did you know that, collectively, <a href="" rel="nofollow">ICUT member institutions </a>have roughly tripled their enrollment of nonwhite students over the past three decades? Check out this week's infographic for details!</p><p><img alt="Enrollment Diversity has Increased since 1982" class="fr-fil fr-dib" src="/uploads/blog/889520ac45f39f2913e1157c4883883527dacfe9.png" title="Enrollment Diversity has Increased since 1982" width="800" style="font-size: 0.9rem; font-weight: lighter;"></p><p><br></p> Wed, 04 Apr 2018 05:00:00 +0000 ICUT's Inaugural Quarterly Issue Brief Released <p>We're excited to announce ICUT's newest publication: the<strong> ICUT Issue Brief</strong>. Released quarterly, our Issue Briefs will cover topics in higher education that are relevant to our institutions, our legislators and other stakeholders. We hope they serve as useful, informative tools that keep everyone on the same page with respect to independent higher education in Texas and beyond.</p><p><a href="" rel="nofollow">Our first issue brief</a> covers a broad topic of interest: the cost of a college degree and the financial aid available to students pursuing postsecondary education. Using The College Board's most recent<a href="" rel="nofollow"> Trends in Higher Education reports</a>, we highlight trends in cost and student financial aid across both public and private institutions. The numbers tell an interesting story - <a href="" rel="nofollow">so click here to read our brief today!</a></p> Wed, 28 Mar 2018 05:00:00 +0000