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Culminating Projects in Economics

2016

Retention

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Third-Term Student Retention At Saint Cloud State University: A Gravity Approach, Benjamin C. Karnatz Dec 2016

Third-Term Student Retention At Saint Cloud State University: A Gravity Approach, Benjamin C. Karnatz

Culminating Projects in Economics

Students not enrolling for their third semester at St. Cloud State University (SCSU) constitutes $8.1 million of potential revenue per academic year. This equates to a 30.8% attrition rate for the domestic, traditional, newly-enrolled freshmen in the 2006-2010 fall cohorts. If SCSU had improved its retention rate during those years to a level on par with Mankato State University, a close substitute, it could have earned an additional $1.4 million in tuition revenue per academic year. This thesis focuses on using a gravity approach to properly identify students at risk for third-term attrition. Gravity-based factors including the distance to SCSU …