Metro Academies Lowers Cost per Graduate – a cost efficiency study

Metro Academies Lowers Cost per Graduate – a cost efficiency study
A cost-efficiency study carried out by a collaboration between the Metro Academies Initiative and Dr. Robert Johnstone of the RP Group and the National Center for Inquiry and Improvement shows that Metro Academies lowers an institution’s cost per graduate.

Full report available here: Metro Academies Cost Study 2013

Supplemental materials showing incremental costs and cost per graduate here: Supplemental Materials

 Metro Academies cost per graduate:

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Metro Academies reduced SF State’s cost per graduate by $17,879 and City College of San Francisco’s cost per graduate by $22,714.

The comparison group at SF State was all full-time freshmen. At City College, the comparison group was created by matching on several key variables, including ethnicity, income, placement level, transfer units enrolled in and completed, and English as a second language (ESL) status.How does Metro reduce costs?

How does Metro reduce costs?

Less attrition + timely graduation = cost reduction

Metro students strongly outperform their more advantaged peers in graduation rates and time to degree, despite the fact that most initially place at “double remedial” in English and math. Metro sharply reduces attrition and excess units. Once these hidden costs are factored in, it becomes clear that Metro is substantially less expensive per graduate than current practice.

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Almost 40% of underrepresented students in the California State University system do not make it to their junior year.

 

 

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