Some of the most significant findings from this year's Scorecard, organized by broad subject category, follow.
Faculty diversity has increased in each of the last five years, with both a greater percentage of minorities (10.4 percent) and women (35.0 percent) in fall 1993 than ever before. shows the increased minority and female share of full-time faculty.
While average salaries of full-time faculty have increased over the last four years, they still are below the averages of peer institutions across the country. In 1992-93, the Research Universities came closest to matching peer averages (1 percent less), and the Community Colleges were the farthest from peer averages (15 percent less).
The ratios of student FTE to faculty FTE have decreased slightly for undergraduate students, and increased slightly for graduate students over the last five years. These ratios are close to the ratios computed by budget formulae with the exception of vocational courses, where the ratio is less than the formula.
While Colorado dropped in the national comparison, the actual revenue per FTE student continued to increase, up 18 percent over the last five years.
The overall 18 percent increase in revenue per student is primarily due to tuition increases. Over the last five years, general fund support per FTE student increased about 6 percent, while the increase in tuition income per student was over 30 percent.
Total state general fund appropriations to higher education were a little over $425 million in 1993-94. Revenue from tuition income was $228 million for residents and $190 million for non-residents, for a combined total of $418 million. Five years ago, the difference between total tuition revenue and general fund appropriations totalled nearly $100 million.
Figure 4 shows the percent change in revenue per student for the general fund, resident tuition and non-resident tuition. Figure 5 shows the percent change in total revenue for those categories. In each case, the increases in revenue per student are not as high as the increases in total revenue, an indication that enrollment growth during this period exceeded the growth in funds to support that growth.
Figure 6 shows the percent change in revenue per student compared to the percent change in the Consumer Price Index (CPI) since 1989-90. Over this period, revenue per student increases were similar to inflation, slightly over in 1990-91 and 1992-93, and slightly under in 1991-92 and 1993-94.
Figure 7 shows the percent change in general fund, resident tuition and non-resident tuition revenue per student compared to the percent change in the CPI since 1989-90. Generally, the general fund increase was below inflation, while tuition increases exceeded inflation. Since the general fund made up a higher share of revenue than tuition (See and ), larger tuition increases were needed to maintain total funding per student close to inflation. In 1991-92, resident tuition income increased at a much higher rate than non-resident tuition income per student. This unusual shift was primarily the result of decreases in non-resident FTE at higher cost institutions.
The average ACT scores and combined SAT scores of first-time freshmen have remained very stable over the last five years, as have the state and national average scores for all graduating high school seniors.
Total student headcount enrollment has been increasing, but the growth leveled out and dropped slightly in fall 1993. The decrease from fall 1992 to fall 1993 was primarily at the Local District Colleges.
The diversity of degree and certificate recipients continues to increase. In 1993-94, minorities comprised 19.4 percent of all certificate and associate degree recipients (up from 14.9 percent in 1989-90), 11.7 percent of bachelor's degrees (up from 9.2 percent in 1989-90), and 7.6 percent of graduate degrees (up from 6.1 percent in 1989-90).
There continue to be large differences between completion rates for minority students and whites, with the comparable three-year rates at 27 percent for blacks, 28.1 percent for native Americans, and 24.5 percent for Hispanics. These rates have increased for blacks, up from 15.8 percent for the fall 1986 class, but have remained fairly constant for all other groups.
Graduation rates for students starting in a baccalaureate degree program (includes only completion of the degree, not transfers) have remained stable or decreased for the fall 1986 through fall 1990 entering classes of full-time, first-time freshmen. The graduation rate after four years dropped from 18.8 percent statewide, to 16.8 percent. The rate after five years dropped from 44.2 percent to 41.6 percent. The rate after six years, however, has remained fairly constant at almost 53 percent.
Although the rates for blacks and native Americans have increased, there are large differences between the graduation rates for whites and most minority groups. If the rates after six years for the fall 1988 class are compared, blacks are at 30.3 percent, native Americans at 41.1 percent, Hispanics at 36.9 percent, Asians at 52 percent, and whites at 55.5 percent.
Colorado graduates continue to score well compared to reference groups on licensure exams:
95.2 percent of University of Colorado at Boulder law graduates passed the
bar exam the first time compared to a national percent of 86.5.
43.3 percent of state system graduates who take the CPA exam pass the first
time, compared to 33.8 percent nationally.
the percent of state system graduates passing the Registered Nurses exam
the first time (92.9 percent) is comparable to the national average of
|--||the percent of state system graduates passing the Practical Nurses exam the first time (95.3 percent) exceeds the national average of 90.9 percent.|
Graduates who take the Graduate Record Exam (GRE) and who have their scores reported to their institution continue to score above the national average, 576 compared to 562 for the 1992-93 class.