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Analysis of Efficiency and Graduation Rates at The University of Texas at Austin and Other Public Research Universities in the United States Marc Musick, Associate Dean for Student Affairs, College of Liberal Arts, and Professor of Sociology September 2011 Table of Contents Executive Summary Introduction IPEDS Data Description AUF Funding Analytical Findings Graduation Rates and Projected Degrees Awarded University Efficiency 13 Understanding Graduation Rates 20 Predictors of Graduation Rates .24 Predictors of Retention Rates 28 Predictors of SAT Scores 28 Efficiency in External Rankings .30 Conclusion .33 List of Tables and Figures: Table 1: Estimates of Students Leaving Universities with No Degree .8 Table 2: Graduation Rates and Other Measures of Efficiency 14 Table 3: Graduation Rates, Retention Rates, and Other University Characteristics at UT Austin and in Other University Groupings 21 Table 4: Estimated Net Effects of Faculty Characteristics and Other Factors on 6-Year Graduation Rates 24 Table 5: Estimated Net Effects of Faculty Characteristics and Other Factors on Retention Rates 28 Table 6: Estimated Net Effects of Faculty Characteristics and Other Factors on Median SAT Scores 29 Table 7: Efficiency of Rankings by External Organizations 31 Figure 1: Estimates of Students Exiting with No Degree by Number of Students Enrolled in the First Year .12 Figure 2: Average Ranking of Graduation Rates and Faculty Efficiency .17 Figure 3: Graduation Rates by Student Funding 18 Figure 4: Number of Professors by Student Funding 19 Figure 5: Graduation Rates and Efficiency at UT Austin and in Other University Groupings .22 Figure 6: Faculty Efficiency at UT Austin and in Other University Groupings .23 Figure 7: 6-Year Graduation Rates by Undergraduate Student-Professor Ratio 25 Executive Summary !"#$%&'%($)%#"**)+(%,)-.()%/"**&"+,0+1%$01$)*%),"#.(0&+%*)'&*2%0+%3)4./%'"/)/%&+%.#$0)50+1% HűFLHQF\LQSXEOLFFROOHJHVDQGXQLYHUVLWLHV :LWKGZLQGOLQJVWDWHEXGJHWVDQGZLGHVSUHDGRSSRVLWLRQWRVWHHSWXLWLRQLQFUHDVHVWKLVLVDQ DSSURSULDWHDQGQHFHVVDU\LVVXHWRGLVFXVV,QVWLWXWLRQVRIKLJKHUOHDUQLQJPXVWEHH[SHFWHGWR SURGXFHGHVLUHGRXWFRPHVPRVWQRWDEO\JUDGXDWLQJODUJHQXPEHUVRIZHOOHGXFDWHGVWXGHQWV ZLWKOLPLWHGUHVRXUFHV %\VHYHUDONH\PHDVXUHV7KH8QLYHUVLW\RI7H[DVDW$XVWLQDOUHDG\GRHVWKLVH[FHHGLQJO\ZHOO ,WLVDPRQJWKHPRVWHűFLHQWSXEOLFXQLYHUVLWLHVLQWKHQDWLRQ 7XLWLRQUHPDLQVOHVVWKDQD\HDUDQGWKHVWDWHDOORFDWHVSHUVWXGHQWVLJQLÀFDQWO\ OHVVWKDQDWPDQ\SHHULQVWLWXWLRQV